India, Suriname underscore need for strengthening business, investment ties
The two countries have acknowledged the importance of undertaking developmental projects under concessional conditions
India and Suriname on Wednesday underscored the importance of deepening political dialogue, reviewing bilateral ties, and exchanging views on regional and multilateral cooperation.
Such views emerged during the 7th India-Suriname Joint Commission Meeting (JCM), Co-Chaired by the Minister of State for External Affairs, V. Muraleedharan and the Minister of Foreign Affairs, International Business and International Cooperation of the Republic of Suriname, Ambassador Albert R. Ramdin.
Held in a virtual format, the two ministers, as per joint press release, noted with satisfaction that India-Suriname relations, which have strong cultural and historical bonds, are marked by cordiality and a high degree of understanding and convergence of views on a range of issues.
The two sides also agreed to add new momentum to the bilateral relations in the fields of Business and Investment with the aim to enhance, among others, the cooperation towards the establishment of creative industries, Health, Traditional System of Medicine, Agriculture, Mining, Energy, Defense, Culture and Education, Consular Cooperation and Development Partnership and strengthen people to people ties.
The two ministers acknowledged the importance of undertaking developmental projects under concessional conditions, including through Lines of Credits, in the spirit of South-South cooperation. They noted that India’s development partnership with Suriname covers a wide range of sectors including the power generation and transmission network, general supply and water supply.
They looked forward to the early implementation of projects in the pipeline which aim to contribute to energy security, energy efficiency and energy mix of Suriname.
The Ministers reiterated their commitment to provide mutual support in international fora, including United Nations Security Council Reforms.
The Ministers resolved to continue to work closely together, through the mechanism of the Joint Commission, on various issues in order to further strengthen and expand the bilateral relations.
It was agreed that the next JCM Meeting would be held in 2022 in Paramaribo on a mutually convenient date.