"We have two seperate models. China broadly has a commerical model....Good for Africa. I don't think we can complain, because we don't offer anything similar. But what we offer is an interesting model," the Union Minister said.
"It is more promising...And that is the partnership model. The partnership model is what we are attempting to do", he said addressing a conference on 'Africa- A Land of Opportunities' organised by PBD Chamber and MEA and attended by diplomats of over 30 countries from the continent.
"A friendly neigbourhood shop is where you get what you want, whenever you want....You are greeted with a smile and treats like a part of your family. An ATM is very cold, it looks beautiful but it doesn't talk to you, it doesn't respond to you, doesn't smile to you", he said.
Referring to the Chinese model meant for doing business, the Union Minister said "other model is doing business for deal but that's not partnership. Partnership is not about doing a deal. It obiviously helps both sides in doing the deal."
He stressed on a relationship that is mutually benefical for both India and Africa.
"One is get yourself rooted in Africa, take nourishment from that soil and give back to the soil in terms of fruits that yeilds and become an important part of the landscape of Africa," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
