Business
22 Jun, 2026
Firm institutional ties, improved logistics key to boosting India-Latin America trade: CRF
Business To Business, New Delhi, 22nd June, 2026: Chintan Research Foundation (CRF) on Monday said that strengthening institutional linkages and addressing logistical bottlenecks could significantly enhance trade and investment relations between India and countries in Latin America.
According to the think tank, the two regions possess substantial economic complementarities, but these opportunities have yet to be fully reflected in policy frameworks and commercial engagement.
To explore ways of deepening cooperation, CRF organized a roundtable discussion in New Delhi involving representatives from several Latin American nations, including:
- Argentina
- Colombia
- Costa Rica
- El Salvador
- Guatemala
- Panama
Key Areas of Opportunity
Participants discussed measures to strengthen bilateral economic ties through:
- Improved trade connectivity and logistics
- Greater institutional cooperation
- Enhanced investment flows
- Stronger business-to-business engagement
- Better integration of complementary sectors into policy planning
India and Latin American countries have increasingly explored cooperation in areas such as pharmaceuticals, information technology, renewable energy, agriculture, mining, critical minerals, automobiles, and digital services.
However, geographical distance, limited direct shipping routes, and insufficient institutional mechanisms have often been cited as barriers to expanding economic engagement.
CRF emphasized that overcoming these challenges could unlock significant opportunities for both regions, enabling them to diversify trade partnerships and strengthen economic resilience amid evolving global supply chains.