Trade Promotion Council of India is organizing a webinar on Trade and investment opportunities between India and Africa on July 7, 2021 at 3:00 pm IST.
India’s total imports from Africa were recorded at US$ 38.76 billion in 2019, falling to US$ 27.5 billion in 2020. Exports stood at US$ 29.59 billion in 2019, which fell to US$ 26 billion in 2020. Major products of exports from India to Africa include mineral fuels, pharmaceutical products, vehicles, cereals, machinery, plastics, sugar and chemicals. Total trade has seen a huge transition from US$ 6.8 billion in 2003 to US$ 68.35 billion in 2019, before the onset of the COVID-19 pandemic.
India is Africa’s third largest trading partner and is also the seventh largest investor in the continent. India has used concessional lines of credit as a major instrument of development partnership to finance various development projects like railway lines, electrification, irrigation, farm mechanisation, etc. The relationship also extends beyond trade to numerous capacity building initiatives that include technology transfer, training programmes, ICT development, education, agriculture and healthcare.
The discussion will focus on the progress and potential of the bilateral relationship between India and Africa, and key potential business opportunities between the two partners.
Following is a detail of the esteemed participants in the webinar:
• HE Amb. Ms. Grace Akello, High Commissioner of Uganda to India
• Amb. Ismail Alatise, Deputy High Commissioner of Nigeria to India
• Mr. Ernest Nana Adjei, Minister-Counsellor, Political and Economic, Ghana High Commission, New Delhi
• Mr. Suresh Makhijani, Joint Director General, Trade Promotion Council of India
To register for the session, click https://zoom.us/webinar/
Date: July 7, 2021
Time: 3:00 pm IST
Duration: 60-90 minutes (tentative)
For further details and other clarifications, contact Virat Bahri – +91-96671-82697.