India had committed $10 billion worth LoC to Africa: M J Akbar
Aamir H Kaki Minister of State for External Affairs, M J Akbar said on Friday that under the leadership of Prime Minister Narendra Modi, India had made a commitment of providing $10 billion worth lines of credit (LoC) to Africa between 2015 and 2020. “Out of this, projects worth $1.1 billion have already been cleared this year. India would like to implement these projects as soon as possible,” he added. He was speaking at the 12th CII-EXIM Bank Conclave on India–Africa Project Partnership – two day event held in New Delhi on March 9-10. Akbar stated that open economies are moving towards protectionism while emerging economies have now become the torchbearers of free trade. Africa and India can come together for knowledge sharing and ...
India pushes for strengthening ties with Central European countries
Source: PTI Projecting "unquestionable" stability of the economy, strong economic fundamentals and administrative reforms brought in by the Modi government, India on Monday pushed for taking the relationship with Central European countries forward in various fields. “As I look at it, there is a great scope to take things forward between our two areas in various fields,” Minister of State for External Affairs V K Singh said at the inauguration of the second edition of India-Central Europe Business Forum (ICEBF) in Bangalore. “Last few years have proved to be defining in the way India and Central European economies have worked to re-energise and redefine the trade and economic ties,” he said. Organised by Federation of Indian Chambers of Commerce and Industry in partnership ...
