(PTI)
Solar energy, infrastructure, military cooperation and startup ecosystem are four critical areas where India can be a valuable partner to African nations, Commerce and Industry Piyush Goyal.
The trade between India and African countries has been pretty balanced with exports of trade and services of about USD 40 billion and imports of USD 49 billion, Goyal said while speaking at the inauguration of 17th CII-Exim Bank conclave here. “And we would like to continue this engagement and partnership where both African nations and India support each other in an endeavour to support each other’s economic growth.
“India gives 27 Less Developed Countries from Africa the benefit of duty free tariff preference. It’s time we also look at further deepening and strengthening the trade partnership and possibly look at giving greater trading access to both African continent and to India so that we can expand this trade in a much faster and greater way,” the minister said.
