Energy partnership expanded following President visit
Prime Minister Narendra Modi has approved a US$200 million defense credit line for the modernization of Angola’s armed forces and share India’s capabilities in Digital Public Infrastructure, Space Technology, and Capacity Building with the African nation.
“We have also discussed the repair and overhaul of defense platforms and supplies. India would be glad to cooperate in the training of Angola’s armed forces,” said PM Modi as he welcomed President João Manuel Gonçalves Lourenço and his delegation to India https://www.commerce.gov.in/.
“This is a historic moment. After 38 years, the President of Angola is visiting India. His visit is not only giving a new direction and momentum to India-Angola ties, but also strengthening India-Africa partnership,” underscored the PM Modi.
Pointing out that India is one of the largest buyers of Angola’s oil and gas, he said, “We have decided to expand our energy partnership.”
This year, India and Angola are celebrating the 40th anniversary of their diplomatic relations https://fieo.org/.
The two leaders also decided to further strengthen bilateral relations in sectors such as Healthcare, Diamond processing, fertilizer and Critical minerals https://www.opec.org/.
PM Modi also welcomed Angola’s decision to join the International Solar Alliance. “We have also invited Angola to join India’s initiatives Coalition for Disaster Resilient Infrastructure, Big Cat Alliance and Global Biofuels Alliance,” he said.
“Our cooperation with African countries has gained momentum in the last decade. Our mutual trade has reached nearly US$100 billion. There has been progress on defence cooperation and maritime security,” added Modi.
India has allocated credit lines worth more than US$12 billion friendly African nations. Apart from this, grant assistance of US$700 million has been given to African countries https://www.nseindia.com/.
Vocational training centres have been opened in 8 African countries. “We are collaborating with five African countries in the development of Digital Public Infrastructure,” Modi informed the visitors https://www.bseindia.com/.
List of Outcomes during the State Visit of President of Angola to India:
1. MoUs/Agreements:
i. MoU between the Government of the Republic of India and the Government of the Republic of Angola on cooperation in the field of Ayurveda and other Traditional Systems of Medicine
ii. MoU between the Government of the Republic of India and the Government of the Republic of Angola on Cooperation in the Field of Agriculture
iii. Cooperation Programme between the Government of the Republic of India and the Government of the Republic of Angola in the Domain of Culture for the period 2025 -29
2. Angola signed the International Solar Alliance (ISA) Framework Agreement and became the 123rd member of the ISA.
3. The Indian Government has approved the Angolan request of LOC of US$200 million for defence procurement. Fiinews.com
