Jaishankar woos Paraguayan companies by flagging Indian Embassy in Asuncion

External Affairs Minister S. Jaishankar on Monday said the establishment of a resident Indian Embassy here will spur an expansion of economic engagements between India and Paraguay, as he wooed Paraguayan companies to invest in the country. Jaishankar, who is on his first-ever official visit to South America aimed at boosting overall bilateral ties with the region, is also the first Indian Foreign Minister to visit Paraguay, coinciding with the 60th anniversary of the beginning of diplomatic relations between the two countries. He also inaugurated a resident Indian Embassy in Paraguay and said its establishment will take bilateral ties to a higher level. The Indian Embassy in Paraguay began functioning from January this year. The establishment of a resident Indian Embassy will spur an expansion of our economic engagement. Trade and investment will be the focus of our bilateral activities, Jaishankar said while addressing a business gathering here in the presence of Paraguay's Minis

from News https://ift.tt/RW0GSKt