India strengthens ties with SICA countries, focuses on trade and digital payments: EAM

Speaking at the Indian-Icic Foreign Minister meeting in New York, Jaishankar expressed his increasing interest in investing Indian companies in SICA economies, especially agriculture, renewable energy, pharmaceutical and information technology sectors.
“We have been very encouraged to the SICA countries of Indian companies, SICA economies, especially in agriculture, renewable energy, drugs, and investing in it.”
The Minister underlined his commitment to developing economic ties closer with SICA countries with SICA countries and emphasized cooperation in the key sectors of vital sectors for sustainable growth in the region.
A significant portion of India’s digital transformation has been the success of the United Payment interface (UPI), a revolutionary system in cash -free transactions. “At the same time, our so -called UPI payments, our digital payment interface, in fact, we have achieved great success in providing a real -time and secure method in transferring funds. Today, more than half of the world’s cash payments are therefore in India.”
He added that UPI, a low -cost, high -efficiency system, can be adapted to the economies of SICA countries to improve payment ecosystems. “If there is such an interest, we would be very happy to work with SICA partners to see how this digital payment system can be applied to your economies.” For the past decade, India’s relations with SICA countries have accepted this growing cooperation, and Jaishankar has shown that for the last decade, SICA demonstrated that SICA has deepened, and we have shown that we obeyed India’s deepening of SICA in a deepest way. America, “he said.
While accepting the difficulties of the current geopolitical and economic climate, Jaishankar expressed his desire to visit the region in the near future.
“I went to Panama and the Dominican Republic. I aimed to visit the region this year. Unfortunately, most of our attention went to concerns about trade that is understandable in the current situation. But I’m definitely looking forward to doing this next year.”
In addition, Foreign Minister Pabitra Margherita’s visits to many SICA countries, including the Dominican Republic, Guatemala, El Salvador, Panama and Nicaragua, reflecting India’s commitment to strengthen the bilateral bonds.
“But his assistant Pabitra Margherita visited the Dominican Republic, Guatemala, El Salvador, Panama and Nicaragua in the last two years … I will come to you.
Futher, Jaishnkar, emphasized that India sees SICA as a key partner in the context of South-South Cooperation, which is an approach that recognizes the common challenges faced by countries in the global South.
“India sees SICA as a key partner within the framework of South-South cooperation.
He described the meeting as the “opportunity to exchange perspectives on development”.
“Today’s meeting gives us the opportunity to change the perspectives on our development, worldview and the possibility of cooperation between us.”
The Minister also referred to the mechanism of political dialogue and cooperation that was established in 2023 and strengthened the desire to deepen cooperation. “At the Political Dialogue and Cooperation Mechanism meeting held in Panama City on April 2023, we confirmed the value of our partnership again and agreed to deepen cooperation.” He said.
Jaishankar, Panama’s Foreign Minister Javier Martinez-AC
Jaishankar X. “FM @javiererachapmaof Panama and India-SICA FMM’nin nice to meet.
Jaishankar, who shared another task, said, “Today, FM @javiererachapma from Panama in New York is very pleased to host the Indian-Icic Foreign Minister meeting.”
“SICA is a key partner within the framework of South-South cooperation. By improving the momentum of the 2023 dialogue in Panama City, we look forward to advanced cooperation in digital transformation, renewable energy, food and health safety and climate action.”
In addition, Guatemala Foreign Minister Carlos Ramiro Martinez, Costa Rica Foreign Minister Arnoldo Andre Tinoco, Egyptian Foreign Minister Badr Abdelaty, United Kingdom Foreign Minister Yette Cooper and Malaysia’s Foreign Minister Mamad Haji Hasan.
Previously, Jaishankar also spoke at the G20 Foreign Ministers meeting between the 80th session of the UN General Assembly of South Africa (UNGA 80).
He emphasized the responsibility of G20 members to strengthen the global stability through the fight against dialogue, diplomacy and terrorism as well as increasing energy and economic security.
“Political and economically variable international situation, Jaishankar,” G20 members, strengthening the stability and more positive direction to give a certain responsibility to emphasize. “
“The best can be done in the best way: dialogue and diplomacy, strict struggle with terrorism and appreciate the need for stronger energy and economic security.”



