Dominican ambassador parades investment opportunity
Indian entrepreneurs have been encouraged to see the Caribbean as an investment opportunity with potential for capital growth.
Speaking at a day-long seminar organised by the Confederation of Indian Industry (CII), ten representatives from Latin American and Caribbean countries made presentations on the opportunities for business within their nations.
Hans Dannenberg Castellanos, ambassador for the Dominican Republic and coordinator of the Group of Latin American and Caribbean Countries (GRULAC), was among those present, who expressed that that India must do more to encourage business and tourism in the region.
Virendra Gupta, joint secretary of Investment and Trade Promotion for the ministry of external affairs, added: "The Latin American and Caribbean countries are becoming increasingly important to a globalising India, to Indian businessmen as well as to the apex shapers of trade and commerce like the Confederation of Indian Industries."
He added that the government was keen for "Indian entrepreneurs to undertake long-term capacity building in these countries".
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