They welcomed the landmark achievement of India-CELAC bilateral trade reaching $50 billion in 2025-26, while emphasizing the immense potential for further growth

They welcomed the landmark achievement of India-CELAC bilateral trade reaching $50 billion in 2025-26, while emphasizing the immense potential for further growth

They welcomed the landmark achievement of India-CELAC bilateral trade reaching $50 billion in 2025-26, while emphasizing the immense potential for further growth

• Minister of External Affairs S. Jaishankar co-chaired the India-CELAC Expanded Troika Meeting on the sidelines of the 81st session of United Nations General Assembly (UNGA) in New York.

• CELAC is a regional forum that brings together all of Latin America and the Caribbean countries.

• The meeting saw strong participation of foreign ministers of 30 out of 33 CELAC members.

• They welcomed the landmark achievement of India-CELAC bilateral trade reaching $50 billion in 2025-26, while emphasizing the immense potential for further growth.

• The discussions further focused on strengthening India-CELAC cooperation, enhancing trade and development partnerships, and addressing global challenges through multilateralism.

What is CELAC?

• The Community of Latin American and Caribbean States (CELAC) is a regional political coordination mechanism, which gathers all 33 Latin American and Caribbean countries.

• The CELAC was initiated in February 2010 at the Rio Group-Caribbean Community Unity Summit.

• It was then formally established on December 3, 2011 with the signing of the Declaration of Caracas in Venezuela.

• CELAC is the successor of the Rio Group and the Latin American and Caribbean Summit on Integration and Development (CALC).

• As stipulated in the Caracas Declaration, CELAC pledged to promote the implementation of the action plans or work programmes of its two predecessor groups.

• The current membership of CELAC comprises 33 member states in the Americas that represents approximately 600 million people.

• CELAC members states are: Antigua and Barbuda, Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, Ecuador, El-Savador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Saint Lucia, Saint Kitts and Nevis, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, Uruguay, and Venezuela.

• CELAC aims to unite all Latin American and Caribbean States in order to create a political, economic and sociocultural integration to advance social welfare, the quality of life, economic growth and promote independent and sustainable development.