India-Latin America relations are being powered by economic diplomacy
India’s equation with Latin America is based squarely on economic diplomacy, which brings balance and stability to the bilateral relationship.
US Development Finance Corporation to invest $350mn in India
The investment is a part of DFC’s $1 billion commitment for several countries including Latin America, Africa, and other emerging markets.
India-Venezuela relations: A case study in oil diplomacy
A Latin America analyst explains why it would be ill-advised for India to take any political policy position vis-à-vis Venezuela, especially regarding the ongoing political crises in the country. In light of US sanctions imposed on Venezuelan state-owned oil and natural gas company Petróleos de Venezuela SA (PDVSA) in January this year, Venezuelan oil exports to the United States have dried up. It has left a shortfall of up to 500,000 bpd that Venezuela exported to the United States before [...]