External Affairs Minister S Jaishankar and Panama Foreign Minister Janaina Tewaney held a joint press conference on Monday after holding discussions on several bilateral issues related to health and trade.
Addressing the joint briefing, EAM Jaishankar said India and Panama discussed what can be done to expand the cooperation and how Indian Pharmaceuticals can be brought to Panama.
"In the last three years, Indian pharmacy has made a change in the world. In covid we supplied vaccines, and we exported medicines to most of the developed world," Jaishankar said.
"Covid has taught us not to be dependent on very limited centres of production, on supply chains that can be disrupted so it is very important that there are more regional capacities, it is particularly important in health. It is not just trading, as research goes into it, we discussed how we can bring Indian pharmaceuticals to India," the EAM added.
Jaishankar said further that India sees Latin America as a region that is not too far as the trade is heading towards 50 billion dollars.
"Our companies are doing big projects in Latin America, we have large operations of Indian companies, we have daily exchanges, we have a capacity building and we have a diaspora here," the EAM added.