Overview

• Prime Minister Modi and President Pena held wide-ranging talks to review bilateral relations and identify new opportunities in trade, agriculture, health and information technology.
• India and Paraguay agreed to set up a Joint Commission Mechanism at the vice-ministerial level as a platform to monitor and drive joint initiatives.
• Both leaders condemned the April 22 Pahalgam terror attack and vowed coordinated action against terrorism, cybercrime and organised crime.
• Discussions covered expansion into digital technology, critical minerals, renewable energy, railways and potential space cooperation under forthcoming memorandums of understanding.
• Officials noted that two-way trade reached $477 million in 2022-23 and pledged to enhance market access through the India-MERCOSUR preferential trade agreement.