New Delhi: Vice President of India, Shri M. Venkaiah Naidu was paid a visit to Paraguay from 5-7 March 2019.
Vice President was accompanied by a high-level delegation including Minister of State for Tourism Shri K.J. Alphons, Members of Parliament and senior officials from the Government of India.
Vice President Shri M Venkaiah Naidu is on an official tour to Paraguay. Vice President Naidu had a meeting with the President of Paraguay, H.E. Mr. Mario Abdo Benitez and Vice President H.E. Mr. Hugo Velazquez. Vice President also had a meeting with President of the National Congress (Senate), H.E. Mr. Silvio Ovelar.
This was the first high level visit from India to Paraguay since the establishment of diplomatic relations in 1961.
The meetings were warm and friendly and there was commitment on both sides to strengthen and deepen relations.
India and Paraguay traditionally share warm and friendly ties. Trade is one of the main drivers of our relationship. Bilateral trade has increased almost ten-fold over the last ten years and reached USD 334 million in 2017-18 from USD 40 million in 2008-09. Main export items from India to Paraguay include iron and steel, plastics, chemicals, vehicles and auto parts; while Paraguay’s exports to India are composed mainly of vegetable oil, oils and resinoids, and aluminum. Brand India in the automobile sector has a strong presence in Paraguay.