Jamaica ready to open talks with friend India over wheat and fertilizer imports

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Kingston: President Ram Nath Kovind meets with Governor General of Jamaica Patrick Allen, in Kingston, Jamaica. First Lady Savita Kovind is also seen.

Photo: PTI

During President Ram Nath Kovind’s ongoing visit to the Caribbean, Jamaica’s Minister of Industry, Investment and Trade Aubyn Hill said on Tuesday that the island nation is looking forward to inviting Indian investors and pharmaceutical companies.
“As we emerge from the pandemic, we are considering inviting Indian investors and pharmaceutical companies…we are preparing to be a logistics hub for your pharmaceutical companies,” Hill said, while talking about the first stage of the trip of President Kovind. . Kovind is in Jamaica until Wednesday 18, after which he will travel to Saint Vincent and the Grenadines.
The Jamaican minister also said his country was opening talks with its “friend” India, seeking to import wheat, fertilizers and agricultural equipment. Jamaica currently has ample stocks of commodities, but Russia’s invasion of Ukraine has made the market volatile, he added.

“We have enough wheat imports today, but we don’t know what will happen tomorrow because the world changed on February 24; Russia now has a war commitment with Ukraine. So we are opening talks with our friend, India,” Hill said, according to the India news agency.

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Speaking in more detail about trade relations between the countries, Hill added, Jamaica is also looking to establish distribution for Indian trucks and buses.

“Discussions with India to sell not only wheat but fertilizers and agricultural equipment. We are looking to establish a distribution for Indian Trucks and Buses…seeking a trade and investment relationship to benefit both countries,” he added.

President Kovind is the first Indian prez to visit the island nation. The year 2022 marks the establishment of 60 years of India-Jamaica diplomatic relations.

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