Khurshid visits Latin America, to talk trade

In a bid to reach out to Latin America, External Affairs Minister Salman Khurshid on Monday set out for a visit to Chile and Argentina. He was also scheduled to go to Peru, but the visit was cancelled due to "scheduling issues".

Sources said Khurshid's visit is aimed at "strengthening and deepening relations with Latin America and Caribbean". "Our trade investments with the region are estimated to have crossed $30 billion in 2012 and cumulative investments in the region is estimated to be $16 billion," they said.

During his visit to Chile from February 5 to 7, Khurshid will meet his counterpart Alfredo Moreno Charme. Chile is the only country in the region with which India has a preferential trade agreement. Trade between the two countries is over $2 billion. Later, Khurshid will travel to Argentina, an important partner in India's long-term food security strategy, sources said.

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