India and Zambia have formalized a trade cooperation agreement aimed at enhancing the cooperative sector and opening new export opportunities. Both nations signed a memorandum of understanding (MoU) to promote partnerships between cooperatives and develop stronger business links.
Union Home Minister and Minister of Cooperation, Amit Shah, announced the deal in the Lok Sabha, highlighting the government’s broader mission to boost India’s cooperative export ecosystem. According to Shah, the Ministry of Cooperation is actively working through Indian missions overseas to connect National Cooperative Exports Ltd (NCEL) with potential importers. These missions also provide market intelligence to help Indian cooperatives tailor their offerings to meet international demand.
The partnership with Zambia is part of India’s larger strategy to position cooperatives as a strong pillar of the country’s export economy. By leveraging diplomatic channels, India aims to ensure its cooperative products and services gain a stronger foothold in foreign markets, thereby increasing global competitiveness.
In addition to the Zambia pact, NCEL has expanded its reach by securing similar agreements with international partners in other regions. It has signed MoUs with Senegal-based Sinton Vantage Trading and Indonesian firm PT Sinton Surini Nusantara. These collaborations are expected to diversify India’s cooperative export destinations and enhance product accessibility in Africa and Southeast Asia.
Through these initiatives, the Ministry of Cooperation is not only fostering trade ties but also supporting rural and community-led enterprises in accessing new growth avenues. The approach reflects India’s commitment to promoting inclusive economic development while strengthening its presence in the global trade network.
