Vice President M. Venkaiah Naidu and his Guatemalan counterpart Dr. Jafeth Ernesto Cabrera Franco witnessed the signing of the MoU after the delegation-level talks.
Later, the Guatemalan Vice President hosted a lunch in honour of Vice President Naidu. The latter was seen trying his hands in playing Guatemala's traditional musical instrument, 'Miramba' at the Presidential Palace in Guatemala City.
Earlier, the two leaders participated in bilateral discussions where agreements in areas like culture, agriculture and wildlife protection were under consideration between both the countries.
He added that Guatemala was one of India's important trading partners in Latin America and the Caribbean (LAC) region.
Vice President Naidu further underscored that there was a tremendous scope for intensifying bilateral trade and investment partnership in pharmaceutical, automobile, textile and apparel, education, Information Technology (IT), infrastructural-building and port development sectors.
Earlier, he met Guatemalan President Jimmy Morales, while stressing on his agenda of maintaining strong bilateral ties with the country. He also met the President of the Congress of Guatemala Alvaro Arzu Escobar.
Guatemala is the first country that Vice President Naidu is visiting in his present capacity and it is the highest level visit between the two countries since the establishment of diplomatic relations in 1972.
Vice President Naidu is on a five-day visit to Latin America's Guatemala, Peru and Panama commencing from May 6. This is the Vice President's first overseas visit after assuming office last year.
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