India is ready and willing to assist in development in southern African countries like Botswana, Swaziland, Lesotho and Mozambique.
The aim is not to offer one solution, but something meant for each of the countries in the southern African region.
India’s commitment to trade relations with Africa is very strong and efforts are on to find out how the credit extended for project financing in some of these countries can be further improved. The steps would further benefit the countries where these projects are going to be implemented.
India as a country is much larger than its African partners. A joint study group would be set up to explore these ideas further. The relationship at the political level is very high and very good, but a similar relationship is needed in the economic sphere, which will benefit the populations.
India has had colonial struggles similar to Africa’s. So Africa considers this a win-win situation based on mutual interest and is keen to partner with India in various sectors of the economy.
India’s exports to South Africa account for 15.4 per cent of India’s total exports to Africa. India’s other major export partners are Kenya, Egypt, Tanzania and Nigeria. These regions together account for around 34 per cent of total Indian exports to Africa.
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