ANI
25 Mar 2026, 15:02 GMT+10
New Delhi [India], March 25 (ANI): Argentina's Ambassador to India Mariano A. Caucino has termed India's strategy to diversify its energy imports amid global disruptions caused by the West Asia conflict as a 'very wise' move, adding that Argentina could emerge as a key partner in supplying energy resources to the country.
Speaking to ANI on Wednesday, Caucino said India has been expanding its network of energy suppliers, and Argentina has the potential to contribute to that effort as bilateral cooperation grows.
'I think the Indian government has been working in this strategy of diversifying the natural resources and the provision of energy in the last years. And I think that's very positive, it's very wise from your side,' he said.
The envoy noted that India, under the leadership of Prime Minister Narendra Modi, has been pursuing a policy of securing energy supplies from a wide range of countries.
'And I think a couple of days ago, the Prime Minister even in the Parliament, he said that you are developing a strategy in order to get provision of energy from, I think, more than 40 countries,' he said.
Caucino said Argentina could play a growing role in India's energy security as cooperation between the two countries expands beyond agriculture and minerals to the energy sector.
'Argentina can be, of course, one of them. It's already working in a starting cooperation in this field,' he said.
Referring to reports of rising Indian energy imports from Argentina, he said the South American country has significant capacity to supply global markets due to its large territory and relatively small population.
' Argentina is the eighth largest country in the world, India is the seventh, but at the same time, we have a relatively small population--we are only less than 50 million. So the domestic consumption of food and energy is relatively small, and in that sense, it's a country that can provide to India and other Asian countries big provision in this sense, and we hope we are in the start of a cooperation in the time,' he said.
According to the ambassador, this allows Argentina to export large quantities of resources such as food, minerals and potentially energy to growing markets like India and other Asian economies.
On the broader geopolitical situation, the envoy described the ongoing hostilities in the Middle East as part of a complex set of overlapping conflicts rather than a single confrontation.
He said the Argentine government has expressed support for the United States and Israel while also hoping that diplomatic efforts will lead to a resolution that ensures regional stability.
'We hope that some sort of agreement or situation might be achieved for the good of the people there, for the good of the region and the stability of the region that is so important in the world,' he said.
Caucino also noted that while Argentina has so far avoided major energy disruptions due to domestic reforms aimed at achieving energy sustainability, the interconnected nature of the global economy means that prolonged instability could eventually affect countries worldwide.
'The world today is too interconnected, so we require stability for countries to achieve their national goals,' he added. (ANI)
Get a daily dose of Illinois Intelligencer news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Illinois Intelligencer.
More InformationNew Delhi [India], March 25 (ANI): Argentina's Ambassador to India Mariano A. Caucino has termed India's strategy to diversify its...
New Delhi [India], March 25 (ANI): Former Indian diplomat Gurjit Sigh on Wednesday said the phone call between Prime Minister Narendra...
New Delhi [India], March 25 (ANI): Congress MP Amarinder Singh Raja Warring on Wednesday said that if the government's All-Party Meeting...
Pyongyang [North Korea], March 25 (ANI): North Korean Supreme Leader Kim Jong Un has defended his country's decision to maintain nuclear...
New York [US], March 25 (ANI): Israel's Envoy to the United Nations Danny Danon has denied any knowledge of possible peace talks between...
Tehran [Iran], March 25 (ANI): Iran's Islamic Revolution Guards Corps (IRGC) has announced carrying out the 80th wave of its retaliatory...
PARIS, France: After a naval officer's use of the Strava exercise app inadvertently allowed journalists to geolocate the French aircraft...
WASHINGTON, D.C.: A federal judge on March 20 agreed with The New York Times that the Trump administration's move to limit access of...
FORT LAUDERDALE, Florida: Former reality TV star Joseph Duggar is being extradited from Arkansas to Florida to face a child molestation...
SAN FRANCISCO, California: Elon Musk has been found liable by a U.S. federal jury for defrauding Twitter shareholders during his US$44...
American President Donald Trump says the U.S. has held two days of talks with Tehran on a plan to end the war and has scrapped a 48-hour...
NEW YORK CITY, New York (ANI) - A major aviation tragedy struck LaGuardia Airport late Sunday local time when a commercial flight collided...
