We are LIVE tweeting the discussion - South Rising: The Decade for New America with @chilemfa, Raul Cano-Ricciardi, @JulianVenturaV, @rivagdas, @SunjoyJ. Participate with #Raisina2021 #RaisinaDialogue
.@SunjoyJ: The countries in #LatinAmerica have the combined GDP of India and the ASEAN. However, prior to the pandemic, these countries were going through a very difficult period and the pandemic now threatens to wipe out years of human and economic development progress.
.@SunjoyJ: Inequality and lack of cohesion have become triggers across the world for social protest, giving rise to the question - how do we built an inclusive society post the pandemic given the deep social fractures it has exposed within all our societies.
.@chilemfa: Projections for the new decade even prior to the pandemic were not promising for Latin America. Latin America and Caribbean have only grown at 1.6% per annum in the past decade, which is way behind the developing nations of the world, including Sub Saharan Africa.
.@chilemfa: Post Pandemic, Chile suggests four focus areas for global action – open trade & cooperation between countries, a commitment towards democracy, emphasis on digital solutions & trade and finally, a green economic recovery.
.@JulianVenturaV: Latin America is a geo-politically relevant region given its economic & geographical size & heterogeneity. While there is not a ‘one size fits all’ solution, there are many challenges similar to the region, which can be worked together.
.@JulianVenturaV: Inequality and lack of inclusion are two main challenges that every country in the post pandemic world faces and only by tackling these issues can we progress towards a sustainable economic global recovery.
.@JulianVenturaV: Structural decisions that individual governments take internally, regarding public delivery of services, education, poverty, innovation, amongst others will determine the future of world action and multilateralism.
Raul Cano-Ricciardi: Free and open trade is extremely important for multilateralism and integration of Latin America in the global economy.
Raul Cano-Ricciardi: Trade is a route of great development for Paraguay. We are building regional value chains, taking advantage of being surrounded by big markets and using our competitive advantage for stepping up global trade.
.@rivagdas: The Latin America is not only one of the most dynamic regions of the world, but it also holds a strong relevance for India with the relationship between the two regions seeing constant upgradation and great potential.
.@rivagdas: India engages with countries of Latin America in a political, social, diplomatic, & economic manner - with a five-fold increase in business between the two. Additionally, India has deep relations with regional groups working on inclusion & climate action in the region
.@chilemfa: #IndoPacific is a reality, and this is evident by the increasing relevance given to the region by the world.
Raul Cano-Ricciardi: #SouthSouthCooperation is the way to move forward to fight the economic and social challenges that have emerged out of the pandemic.
.@rivagdas: India’s credibility as a partner in providing vaccines & medicines were fleshed out in the pandemic. While our pharma companies are established in Latin America, India is extremely interested in entering Latin America via the government public procurement process.
We come to a close for the discussion - South Rising: The Decade for New America with @chilemfa, Raul Cano-Ricciardi, @JulianVenturaV, @rivagdas, @SunjoyJ. Thank you for joining us! #Raisina2021 #RaisinaDialogue

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