Union Minister Mr. Piyush Goyal emphasized the potential for collaboration between India and Tanzania in various sectors at the India-Tanzania Investment Forum hosted by FICCI. Tanzania holds a significant position as India’s primary export destination in Africa, and Mr. Goyal aims to foster robust growth in this partnership. President of Tanzania, Ms. Samia Suluhu Hassan, also attended the event.
The collaboration between the two nations encompasses a wide spectrum, including education, skill development, capacity building, climate action, trade settlement in local currencies, and technology. India has extended lines of credit to support Tanzania’s infrastructure development and utility establishment.
Mr. Goyal highlighted Prime Minister Mr. Narendra Modi’s commitment to uniting the Global South on a common platform. This commitment has borne fruit in the form of the thriving India-Africa alliance. Notably, Prime Minister Mr. Modi’s persistent efforts to integrate the African Union as a full member of the G20 have met with success.
