‘India, Tanzania to sign 15 agreements with eye on USD 10 billion trade’

‘India, Tanzania to sign 15 agreements with eye on USD 10 billion trade’

• India and Tanzania are set to boost their bilateral cooperation as Tanzanian President Samia Suluhu Hassan visits India after an eight-year gap. The visit aims to elevate their relations to a strategic partnership and enhance trade and investment ties. Tanzanian Foreign Minister January Yusuf Makamba anticipates the signing of 15 agreements covering various areas of cooperation.
• Expectations of 15 agreements spanning government-to-government and private sector collaborations.
• Potential announcement of an extension of an Indian-assisted water project in Tanzania.
• India’s substantial contribution of USD 1 billion for water projects in Tanzania.
• Tanzanian President to address a business forum in New Delhi.
• Aiming to sign new deals and partnerships between Tanzanian and Indian companies.
• Objective: Enhance trade volumes and expand bilateral trade to USD 10 billion in the next three years.

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Published date : 10 Oct 2023 03:41PM