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LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

October 24, 2024

Will India Fortify its Latin American & Caribbean Ties?

Jamaican Prime Minister Andrew Holness visited India earlier this month for talks with Prime Minister Narendra Modi. // Photo: Jamaican Government.

Q

  • Jamaican Prime Minister Andrew Holness visited India from Sept. 30 to Oct. 3, where he held bilateral talks with his Indian counterpart, Narendra Modi, and discussed Indian technology companies’ potential relationship with Jamaica with Indian officials. What is the significance of Holness’ trip in the context of India’s relationship with the region? What does the visit suggest about Jamaica’s geopolitical posture? What is the appetite among Indian business and policy leaders for increasing their interaction with Latin America, even if it might entail encroaching on U.S. or Chinese strategic interests?

A

Hari Seshasayee, co-founder of Consilium Group and visiting fellow at the Observer Research Foundation: “Andrew Holness’ trip to India was the first bilateral visit by a Jamaican prime minister to India. Two developments underscored his visit: the opening of the Jamaican High Commission in New Delhi and a technology transfer agreement. The technology agreement provides a road map for how Jamaica can create its own version of India’s Unified Payments Interface, which enables instant payments in the form of peer-to-peer and person-to-merchant transactions. The trip should be seen through two lenses. First, this outreach lends credibility to India’s role in being a development partner, as a country with similar developmental challenges that has found solutions that can be replicated in other parts of the world. The second is India’s rising ambition…”

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.
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