I have already directed my team to prepare a strategy paper for Africa and Latin America,' Sharma said.
At the same time, he spoke about the disturbing new trend of protectionism among Western countries as a reaction to the global recession.
'Similarly, we have seen the imposition of non-tariff barriers to free trade. Our consignments of pharmaceuticals bound for Africa are repeatedly held up in EU. I will urge our missions to remain vigilant to such trends to enable us to prepare an effective response,' said Sharma.