Modern India

BRIC COUNTRIES: THE 4 RIDERS OF HOPE

Bric are called the economies of Brazil, Russia, India and China together.

According to most sources, the term BRIC was coined by an economist of Goldman Sachs.

It is estimated that by 2050 the BRIC economies will reach almost 50% of Gross World Product and the 4 countries together will have almost 40% of the population of the world.

When we look at the sectors with the greatest future we can say without fear of error that we must focus on Telecommunications, Biotechnology, Renewable Energy (hydrogen, etc..) Health care (stay young and healthy), Eco-Care system, articles premiun or luxury and BRIC countries.

BRIC countries are generating demand and thus may set the price of commodities. It also automatically creates an attraction for investors who will move there.

Within the BRIC countries, India has an increasingly close tie with Argentina

At present trade between India and Argentina reached about 1.3 billion dollars.

Argentina sells to India U$S 1.002 billion (edible oils, food, copper technology for CNG, etc..), While India sells U$S 328 million (chemicals, raw material for pharmaceuticals, textiles, handicrafts,etc).

On a more regional view, bilateral trade between Latin America and India reached U.S. $ 11 billion.

Argentina has an important opportunity to further strengthen its ties with India and triple in the next 3-5 years bilateral trade.

Since last year India has a new representative in Argentina: Ambassador R. Viswanathan who was until the end of 2007 the Secretary for Latin America and the Caribbean of the Minister of External Affairs of Indian Government

During the last visit to New Delhi of the Consul General Dr. Sergio Lais-Suarez., in March 2008, commented to him in a meeting at the Chancellery that Amb Viswanathan is the man who knows most of Latin America and for that reason sent him as head of the diplomatic delegation in Buenos Aires.

From this perspective, without a doubt we must take advantage of the current bilateral ties and create a constant flow of outward and return journeys of culture, science, philosophy and healthy technology for the “good life”, economics, tourism, by delegation and representative to India and try to become BRICA with A as ARGENTINA

Republic of India: The large numbers of India is the second most populous country in the world after China, with 1.1 million inhabitants. It is also the largest democracy.

Languages: Hindi and English languages and 21 official language in several states in the country: Asami, Bengali, Gujarati, Kannada, Kashmiri, Malayalam, Marathi, Oriya, Panjabi, sindhi, tamil, telugu and urdu. The English is the working language in the administrative and judicial matters.

There are over 1000 dialects.

The Prime Minister is Mr. Manmohan Sing

The President is Mrs. Pratibha Patil

The currency is the rupiah ($1 about 43 rupees)