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Business Delegation to Cuba and Panama (29th October -3rd Nov 2017)


PXL/HO/Cir-046/2017-18                                                                                                                             Date: 25.08.2017



All the Members of Council,


Dear Sir/Madam,


Subject: Business Delegation to Cuba and Panama (29th October -3rd Nov 2017)


We are pleased to inform that FIEO with the support of Ministry of Commerce and Industry, Government of India is mounting a Multi Product Business Delegation to Cuba and Panama. The delegation will be led by Hon'ble Commerce and Industry Minister, Government of India.


Pharma sector has been identified as one of the focus sector for exploring opportunities for export in Latin American Markets. Over the years Pharmexcil with the support of Ministry of Commerce and Industry has been carrying out numerous promotional schemes besides taking up the regulatory concerns and challenges emerging at different points of time in LAC region often impacting export potential of Indian pharma products.


Members are kindly aware that Cuba is opening up its market and furthermore traditionally India has always shared a very warm and close relation. Cuba is keen to associate with Indian pharma sector to meet its needs and requirement and also identify areas of collaboration Cuba has huge opportunity for investment in Biotechnology sector as well.


Panama too offers a unique opportunity due to its strategic locations.


The proposed delegation of select Indian companies is coinciding with FIHAV-35th Havana International Fair scheduled from 30th October-3rdNov 2017 at Havana, Cuba.


We take this opportunity to kindly request to be a part of the Minister led business delegation. Series of meetings with key stakeholders in Government, Ministry of Health, Ministry of Trade and Commerce and Regulatory Authorities are being finalized. In view of the Ministerial level delegation, you may also consider nominating your top official stationed in Latin American markets as well.


Your participation will go a long way in complementing the efforts of Ministry of Commerce and Industry to create business opportunities and facilitate trade.


Looking forward to receive a line of confirmation on  with a copy to .


Please find the relevant details as attached.


With best regards


Udaya Bhaskar

Director General








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