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India inks 3 MoUs with Malawi, announces over USD 215 mn loan to 18 water projects

Press Trust of India  |  Lilongwe 

on Monday extended a new line of credit of USD 215.16 million for 18 water projects in landlocked and signed three MoUs in areas like extradition and cooperation in as Vice Venkaiah met Malawian Arthur here.

During the meeting between the two leaders, also offered specialised training programmes for defence forces, T S Tirumurti, (Economic Relations) in the Ministry of External Affairs, said.

An MoU on cooperation in the field of for peaceful purposes was signed between the Global Centre for and Malawi's Ministry of Natural Resources, Energy and Mining, he said.

The two sides also signed an MoU for an extradition treaty between the two countries and a visa waiver agreement for diplomatic and official passport holders, said.

"The Vice also conveyed our agreement to extend the new line of credit of USD 215.16 million for 18 water projects in Malawi," he said.

will also construct a Mahatma Gandhi Convention Centre in It will also gift a machine to the in Malawi.

India has agreed to allow import of mangoes from Malawi, said, adding that the country will also set up a pan-African training institute in agriculture under grant assistance in the landlocked nation.

Malawi has also ratified the framework agreement of the International Solar Alliance, he said.

arrived here on Sunday on the concluding leg of his six-day three-nation tour to Africa, which aims at deepening India's strategic cooperation with Botswana, and Malawi.

Underling that India and Malawi shared cordial relations and a similar colonial past, recalled the president Mutharika, who was also the brother of the of the African nation.

Bingu, an economist, was the president of Malawi from May 2004 till his death on April 2012. He was also an alumnus of the Delhi University, where he studied in the 1960s.

Mutharika said he consider Naidu "as a brother".

Naidu reached here on Sunday from on the last leg of his six-day three-nation tour to Africa, which aims at deepening India's strategic cooperation with Botswana, and Malawi. He concluded the trip on Monday.

On Sunday, addressing a gathering of the Indian community here, Naidu said the strong bilateral ties between the two nations are cemented by a common vision of developing the citizenry.

According to the here, there are about 8,500 Malawians of Indian origin who predominantly originated from and are concentrated in major cities like Lilongwe, Blantyre, Limbe, and

The number of Indian nationals (NRIs) in the African country at present is about 2,500. Most of them hail from Andhra Pradesh, Karnataka, Maharashtra, Telangana, Kerala, and They are primarily engaged in trading, agriculture and agro business, pharmaceutical and hospitality.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 06 2018. 00:00 IST
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