This monograph comparatively examines the content and country focus of high-level diplomacy for each of the two actors, as well as the volume and patterns of trade, the activities of Indian and Chinese companies in the region, and their relationship to their respective governments in eight sectors: (1) petroleum and mining; (2) agriculture; (3) construction; (4) manufacturing and retail; (5) banking and finance; (6) logistics and port operations; (7) technology such as telecommunications, space, and high technology; and, (8) military sales and activities.
This monograph finds that Indian engagement with the region is significantly less than that of the People’s Republic of China (PRC), and concentrated on a more limited subset of countries and sectors. In the commercial and military sector, it finds that the efforts by the Indian government to support their companies in the region are generally more modest and less coordinated than those of the PRC. Nonetheless, despite such limitations, the nature of Indian companies and their engagement with the region create opportunities for significant advances in the future, in a manner that is relatively well received by Latin American governments and societies.
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