India and Panama on May 9, 2018 signed an agreement on the exemption of visas for the holders of diplomatic and official passports. The two nations also signed an agreement on strengthening cooperation in the field of agriculture.
The agreements were signed in the presence of Panama’s President Juan Carlos Varela Rodrigues and Vice President and Foreign Minister Isabel de Saint Malo and Indian Vice President M Venkaiah Naidu during his visit to the nation.
| Joint Statement |
| India’s Vice President and Panama’s President said that India and Panama have always shared cordial relations. The leaders said that the ties between the two nations are based on their common values and a shared commitment to democracy, pluralism, multi-culturalism and the rule of law. |
| Terrorism | |
| India has reiterated its zero tolerance level for terrorism and resolves to combat terrorism in all its forms and manifestations.
| Panama has extended a helping hand by consolidating Latin America’s support against the global menace of terrorism.
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Key Details
• Naidu praised Panama for including India for strengthening relations for its Falcon policies.
• He also said that two centres for Biodiversity and Innovation will be setup by India in Panama worth US $10m and US $15m each.
• Naidu also implied on having support from Panama for the following:
i. India’s candidature to the Human Rights Council (HRC) for the term 2019-2021, for which elections will be held in October 2018.
ii. India’s candidature to the Council of International Telecom Union (ITU), the elections for which will be held in October – November 2018 in Dubai, UAE.
Further, in order to boost cooperation in key areas, both the countries also agreed to strengthen cooperation in tax information, economic cooperation, air services, traditional medicines, culture and space.
Objective of the visit
The Vice President’s visit to the three Latin American nations - Guatemala, Panama and Peru mainly aims to strengthen India’s relations for enhanced engagement at higher levels in order to improve bilateral relations for mutual benefit.
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