The Indian reality is a kaleidoscope of colours and patterns.
Its social fabric is bewildering to most outsiders, and is difficult to encapsulate for presentation even by its own representatives abroad.
India’s economic reality has undergone profound changes under the influence of global trends and forces, and on account of its own spectacular dynamism and versatility over the past two decades.
Latin America is even more complex.
Most of us Indians tend to view the region through a translucent prism of historical developments we seldom understand fully.
The social and economic diversity, and the rapid pace of developments within the mega-region, also contribute to our confused perception.
Despite all this, however, there is no denying that India and Latin America have emerged, more or less simultaneously, in the new economic geography that now defines the global order.
Both have overcome the recent – some would say ongoing – international economic and financial crisis, demonstrating admirable rates of economic growth and reduction of poverty.
Key Latin American economies are counted among the big global players, as is India.
This emergence is bound to have a significant impact in redefining the political paradigm of international relations in this century.
It is therefore important for us to understand what mutual opportunities will arise and how we can avail of these to enhance a beneficial relationship free of contention with a part of the world with which India has no conflict.
(The article continues in the link)
