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PM asks Tanzania to open up for more investment from India

Source: PIB, Government of India. The Prime Minister, Narendra Modi (right) giving his statement to the media with the President of the United Republic of Tanzania, Mr. Jakaya Kikwete, at the Joint Press Briefing, in New Delhi on June 19, 2015. Source: PIB, Government of India.   With trade over $4 billion heavily in India's favour, Prime Minister Narendra Modi urged Tanzania President Kikwete to open up more sectors in his country for investments and exports from India. "Indian investments in Tanzania exceed $3 billion and cover many areas. Indian investors are ready to invest more in Tanzania that would support Tanzania's development and trade," said the PM, adding "I offered our cooperation in the development of the potentially rich natural ...