Africa India Bilateral Trade
India signs trade cooperation pact with Zambia to boost cooperative exports
India has signed an agreement with Zambia to promote trade alliances between cooperatives of both nations, Cooperation Minister Amit Shah said on Tuesday. The cooperation ministry is working to strengthen India's cooperative export ecosystem through Indian missions abroad, Shah said in a written reply to the Lok Sabha. A memorandum of understanding was signed with Zambia on July 18 to promote cooperatives and provide facilities for trade alliances between cooperatives of both countries, he said. The ministry is working through Indian missions abroad to provide market information to National Cooperative Exports Ltd (NCEL) and connect with importers from specific countries, Shah added. NCEL has also signed memoranda of understanding (MoUs) with Senegal and Indonesia-based entities Sinton Vantage Trading and PT Sinton Surini Nusantara, he said.
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PM Modi thanks Trinidad and Tobago, says 'visit will cement bilateral ties'
PM Modi was welcomed with a ceremonial Guard of Honour at Piarco International Airport, where he was received by PM Kamla Persad-Bissessar, 38 ministers and four MPs of the Caribbean nation
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Year in review: India strengthens strategic ties with South Africa
South African President Cyril Ramaphosa was the chief guest at the Republic Day parade in New Delhi on January 26
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Africa, India bilateral trade expected to touch $100 bn in 2 years: AfDB
The bilateral trade between India and Africa is set to touch $ 100 billion (roughly Rs 6,50,000 crore) in next two years, said Akinwumi A. Adesina, President, African Development Bank (AfDB). The development bank will holding its five day annual meetings of the group at Mahatma Mandir in Gandhinagar from May 22, 2017 onwards. Commenting on the bilateral trade, Adesina said, "In 2005-06 the total bilateral trade between India and Africal stood at US $ 11.7 billion, which has reached to US $ 56.9 billion by 2015-16. Now we expect the bilateral trade to exceed US $ 100 billion in the next two years, helped by Prime Minister Narendra Modi's push for India-Africa partnership."Among the sectors, AfDB expects power, especially solar, apart from pharma, ICT and services sectors to contribute to the growth of bilateral trade to $100 billion in two years. Further, AfDB, which is investing into infrastructure to connect landlocked countries in the African continent to coastal regions, expects ..
 "Africa, India bilateral trade expected to touch $100 bn in 2 years: AfDB")
