In Chennai (Tamil Nadu) [India], January 22 (ANI/NewsVoir): India Africa Trade Council was inaugurated in Hotel Crowne Plaza, Chennai for building up business relations between both the countries of India and the African Region.
- Inaugurated by the Additional Secretary (Africa) Ambassador Nagma Mallick (IFS) Ministry of External Affairs, Govt. of India and the Ambassador of Ethiopia in India Dr Tizita Mulugeta Yimam.
- They have a huge interest in India as Africa is an emerging region having a great scope for multilateral business opportunities.
- India Africa Trade council has decided to open 13 Trade offices in Major Metro cities of India to facilitate Indian Businessmen wanting to do Trade in African countries.
- Dr Asif Iqbal during the Inauguration said “ Africa will be at the top of our priorities as per the Prime Minister’s Vision, through the council we will continue to intensify and deepen our engagement with Africa which will be sustained and regular. Our development partnerships will be guided by Africa’s priorities”
- B Ramakrishan, Founder of Corporate Clinic in Chennai who is appointed as the Director of the India Africa Trade Council said “ The goal is to build stronger multilateral relations and reach new heights between Tamilnadu companies and the African region”
- A 30-member delegation from South India of the India Africa Trade Council will visit COMESA region of Ethiopia, Djibouti, Zimbabwe, Botswana and Namibia in the month of April 2021 and various MOUs in Health sector, Skill development, Agriculture are expected to be signed with various companies and organizations in this region.
- Organizations like COMESA, ECOWAS, WAEMU, SADC and SAHEL help to improve multilateral relations with India
Credit lines were extended for African countries in areas of education, skill development, healthcare, agriculture, and regular talks are held between Indian and African governments by the Indian government.
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