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Exports: India sees Tanzania as a big market in Africa

Fiinews by Fiinews
October 12, 2023
in Exports
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PM Narendra Modi attends delegation level talks with the Tanzanian President, Samia Suluhu Hassan at Hyderabad house, in New Delhi on 9 Oct 2023.

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Goyal list potential of partnership in various fields  

Tanzania is the biggest export destination of India in Africa with potential to work on expanding bilateral trade, Commerce and Industry Minister Piyush Goyal has told an investment forum.

“We look forward to making this another fast-growing story,” he said, welcoming the President of Tanzania Samia Suluhu Hassan at the India Tanzania Investment Forum on 10 Oct 2023.

Elaborated Goyal, “We can work together to ensure mutual food security, as well as in pharma sector and the new and emerging space sector.

India has offered lines of credit to ensure infrastructure development and ensure creation of utilities in Tanzania, he pointed out.

He listed the partnership potential for India and Tanzania in different sectors like education, skill development, capacity building, culture, energy, climate action, trade settlement in local currencies and in technology.

Goyal shared Prime Minister Narendra Modi views on partnership between two modern, vibrant nations as a very defining and substantial relationship that will work for the good of two billion people of Africa and India for inclusive and sustainable growth. fiinews.com

Tags: Ministry of Commerce and Industry
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