M Venkaiah Naidu Current Affairs

India, Peru signs agreement in field of Renewable Energy

India and Peru signed agreement in field of Renewable Energy. The pact was signed after bilateral meeting between Vice President M Venkaiah Naidu and Prime Minister of Peru Cesar Villanueva Arevalo in Lima. Vice President’s visited Peru was last leg of his first state visit to three Central American nations Guatemala, Panama and Peru. This was very important visit as it will help to enhance and strengthen India’s bilateral relations with these nations and will increase trade, investments and cooperation among these countries.

Key Facts

During the meeting, India and Peru discussed various bilateral and international issues of mutual interest. The discussions were held in field of pharmaceuticals, space, defence, supply of LPG, clean energy, agriculture and science & technology.

They also discussed possibility of collaboration in Quinoa cultivation and processing with Peru. Peru is important country for multilateral issues for India and it supported India’s candidature for permanent seat in United Nations Security Council (UNSC). Both countries agreed to work together to combat menace of terrorism.


India, Panama sign two agreements

India and Panama have signed two agreements on exemption of Visas for holders of Diplomatic and Official Passports and in the field of Agriculture. These agreements were signed in the presence of Vice President M Venkaiah Naidu and President of Panama Juan Carlos Varela Rodrigues in Panama city. It was second leg of Vice President M Venkaiah Naidu’s his first official foreign visit to three countries Guatemala, Panama and Peru to strengthen India’s relations with them.

Key Facts

India and Panama always had cordial relations. These ties are based on our common values and shared commitment to democracy, pluralism, multi-culturalism, and the rule of law. During Vice President M Venkaiah Naidu’s visit, both countries resolve to combat terrorism in all its forms and manifestations. India will set up two centres for Biodiversity and Innovation in Panama worth US $10 million and US $15 million each. Both countries have agreed to boost cooperation in key areas by strengthening cooperation in tax information, economic cooperation, air services, traditional medicines, culture and space.