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Swaraj holds talks with her Mozambican counterpart

Press Trust of India  |  New Delhi 

and Thursday held talks reviewing the spectrum of bilateral ties and explored ways to intensify the relationship between the two countries, the said.

The India-Joint Commission on Economic, Cultural, held here also discussed the growing defence cooperation between the two nations and the potential such collaboration offers for enhancing security in the Region.

In particular, the commission highlighted the importance of working together to prevent non-traditional threats like smuggling, terrorism, piracy, poaching, a statement said.

"The two governments agreed to consider new bilateral agreements for promoting cooperation in defence and security, judicial and consular systems, traditional medicine, and exchanges," it said.

The joint commission expressed satisfaction at the growing trade and investment links between the two countries, and noted that last year was the largest destination for Mozambican exports, accounting for about 35 per cent of its total export revenue.

The two sides also reviewed the large Indian investments in coal and in Mozambique, noting that the African nation was among the largest destinations for Indian outward investment in

They also discussed ways to expedite progress of these investments, while noting the potential for greater Indian investment in areas like agriculture, agro-industry, infrastructure, mining, energy, and tourism.

"The joint commission reviewed the entire spectrum of bilateral relations, and noted the excellent government-to-government ties, strong business exchanges, growing trade and investment ties, vibrant development partnership, and long-standing people-to-people links between the two countries," the statement said.

Filipe Jacinto Nyusi, the of Mozambique, visited in August 2015 while had visited the African nation in July 2016.

The joint commission appreciated that the India-development partnership, particularly through Lines of Credit and grant-assistance, was helping to enhance the capacity of Mozambican institutions in areas like food security, small and medium enterprises, electricity, roads, drinking water availability, and

It also expressed satisfaction over the recent progress in implementation of important projects such as the being funded through an Indian credit-line of about USD 150 million, and also other major LOC projects in areas of and housing.

Both sides agreed to further deepen and widen the ambit of their development cooperation, the statement said.

An MoU was signed between the National Archives of and the National Documentation and of Mozambique, for enhancing cooperation in the area of archival management.

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

First Published: Thu, November 29 2018. 21:45 IST