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Argentinian President Cristina Fernandez to visit India October 13-15

File photo of the Argentinian President Cristina Fernández.
File photo of the Argentinian President Cristina Fernández.

Argentinian President Cristina Fernandez will pay a State Visit to India from October 13 to 15 during which she will hold talks with the Indian leadership on ways of renewing and carrying forward the bilateral relationship to a higher level.

Dr Fernandez will be accompanied on the visit by a high-level delegation including the country's Foreign Minister and a large team of businessmen.

The two sides are expected to sign several agreements during Dr Fernandez' visit in areas such as sports, science & technology, industrial research, hydrocarbons, trade promotion and business visas.

An official press release from the Ministry of External Affairs said the visit was being made at the invitation of President Pratibha Patil.

Prime Minister Manmohan Singh will hold discussions with Dr Fernandez while Vice-President M Hamid Ansari, ruling United Progressive Alliance (UPA) Chairperson Sonia Gandhi, Leader of the Opposition Lal Krishna Advani and External Affairs Minister S M Krishna will call on her.

On October 15, Dr Fernandez will visit Agra and Mumbai, the release said.

The release said that the visit is taking place during the 60th anniversary of the establishment of diplomatic relations between India and Argentina.

This will also be the first Presidential visit from Argentina in 15 years; the last visit was by President Carlos Menem in 1994. The last visit by an Indian Prime Minister to Argentina was in 1995 by Mr Narasimha Rao for the G-15 Summit.

According to the release, India and Argentina traditionally share friendly and close ties. Bilateral trade has been increasing steadily in recent years; it has reached $ 1.3 billion in 2008 from $ 694 million in 2003.

Of this, India's exports totalled $ 492 million and imports were valued at $ 836 million in 2008. Indian exports to Argentina consist mainly of organic chemicals, engineering goods, auto parts and synthetic fibres. Its imports from Argentina are mainly edible oils - soya oil and sunflower oil.

The release said Indian companies had made investments in the IT, pharmaceuticals, agro-chemicals and mining sectors in Argentina. The total Indian investments in Argentina are about $ 119 million.

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