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India strengthens relations with Caribbean, Latin American nations

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NewsGram Staff Writer

New York: With External Affairs Minister Sushma Swaraj holding separate dialogues with leaders of the Caribbean and Latin American nations on Wednesday, India looks to have bolstered its relations  with the two major blocs of the region.

Sushma Swaraj attended the India-CELAC quartet ministerial meeting and hosted the India-CARICOM foreign ministers’ meeting here on the sidelines of the UN General Assembly.

The Caribbean Community (CARICOM) is an organisation of 15 Caribbean nations and dependencies to promote economic integration and cooperation among the members.

The Community of Latin American and Caribbean States (CELAC) is a regional bloc of 33 Latin American and Caribbean states.

Quite a few of the nations in both groups, including Guyana, Suriname, Trinidad and Tobago, have a substantial Indian-origin population, of Indians who migrated here in the 19th and early 20th century to work in the sugarcane fields.

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“India’s ties with the Caribbean region are historic,” Sushma Swaraj said in her address at the India-CARICOM ministerial meeting, according to tweets posted by external affairs ministry spokesperson Vikas Swarup.

“India and Caricom share similar concerns & common aspirations for accelerated economic development and eradication of poverty,” she said at the meeting.

“India offers assistance to Caribbean countries in capacity building, IT, agriculture, pharmaceuticals, SMEs, and many other areas,” she said.

She also called for partnership with CARICOM on text-based negotiations for UN Security Council reform.

She then attended the India-CELAC Quartet Ministerial Meeting.

“Our two-way trade with CELAC is $46 billion. We should boost cooperation in energy, Science & Technology, health care, agro chemicals,” she said at the meeting.

She also called for India-CELAC coordination on global issues like international terrorism, climate change and UN Security Council reform.

(With inputs from IANS)

 

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Rapid Netflix Subscriber Growth in Asia and Latin America: Report

Netflix Seeing Strong Subscriber Growth in Asia, Latin America

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Netflix witnesses the highest number of subscribers in Asia and Latin America. Pixabay

Netflix is seeing rapid subscriber growth in regions including Asia and Latin America as it girds for tougher competition in the streaming market, newly detailed figures show.

In a regulatory filing this week, the OTT platform offered the first detailed look at its finances from various regions around the world.

The figures showed nearly 14.5 million subscribers in the Asia-Pacific region at the end of September, representing growth of more than 50 percent over the previous 12 months.

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The region including Europe, the Middle East and Africa had some 47 million paid subscribers, up 40 percent year-over-year, in the largest segment outside North America.

Latin America included some 29 million subscribers, a rise of 22 percent over the past year, the OTT platform said in the filing.

North America is the largest market Netflix with some 67 million subscribers but growth over the past year was just 6.5 percent.

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Netflix is the leader in streaming television, operating in some 190 countries, but it is facing new offerings from deep-pocketed rivals including Disney, Apple, Comcast’s NBCUniversal and AT&T’s WarnerMedia. (VOA)