Why in News?
During Venezuelan Vice-Minister Raul Hernandez’s visit to India, both nations agreed to launch pilot projects in agriculture, pharmaceuticals, AI training and digital public infrastructure (Aadhaar, DigiLocker, Bhashini). Talks also covered space, tourism and livestock, aiming to expand India-Venezuela bilateral cooperation beyond $1.8 billion trade.
Description:
| Aspect | Details |
| Pilot Projects | India to launch pilot projects in Venezuela in priority sectors: agriculture, pharmaceuticals, digital public infrastructure. |
| Capacity Building | Training & courses for Venezuelan personnel in AI & related areas. |
| Institutions Engaged | NISG, UIDAI (Aadhaar), NeGD (DigiLocker), AI Bhashini. |
| Other Sectors Discussed | Space cooperation, tourism, livestock, bilateral trade. |
| Trade Data (2024–25) | Bilateral trade ≈ $1.8 bn → Indian exports $216 mn, imports $1.6 bn (mostly crude). |
Significance:
- Strengthens India’s engagement with Latin America beyond oil trade.
- Promotes India’s Digital Public Infrastructure (DPI) globally → Aadhaar, DigiLocker, AI Bhashini.
- Helps diversify Venezuela’s economy beyond hydrocarbons.
- Enhances South–South cooperation & technology diplomacy.
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