Prez asks Swaziland to attract Indian investments

Image
Press Trust of India New Delhi
Last Updated : Mar 10 2017 | 7:13 PM IST
President Pranab Mukherjee today asked Swaziland to attract Indian investments in that country and offered India's affordable technologies and finance.
"India values its friendship with Swaziland. India appreciates the support that Swaziland has consistently extended to India in multilateral forums," Mukherjee said after meeting His Majesty King Mswati-III of Swaziland at Rashtrapati Bhavan.
The President hosted a lunch in his honour.
Mukherjee said India and Swaziland traditionally enjoy a friendly and co-operative relationship.
He said India offers Swaziland a large market, affordable technologies and finance. The President called on the King to create conditions to attract Indian investments in areas of interest of Swaziland, a press release issued by Rashtrapati Bhavan said.
Welcoming the King, the President recalled their last meeting when the King visited India in October 2015 to participate in the India-Africa Forum Summit.
"India has been happy to partner Swaziland in its development through scholarships and capacity-building," Mukherjee said.
The President said he was delighted to know that the Royal Science and Technology Park is now near completion. It is a symbol of the King's progressive vision and commitment to the development of Swaziland, he said.
Another collaborative project for enhancing maize productivity has had very good results. Potentially, this project will help Swaziland become self-reliant in maize, the President said.
Mukherjee also assured him that India would be happy to assist Swaziland achieve its developmental goals.
Reciprocating the President's sentiments, King Mswati said India's expertise was very valuable for the countries of Africa and they are grateful to India for its willingness to transfer the same.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Mar 10 2017 | 7:13 PM IST

Next Story