The bilateral trade between India and Africa jumped from $30 billion in 2008 to $72 billion in 2015.
India Minister of State for External Affairs, Gen. V K Singh, made this known on the first day of the 11th CII-EXIM Bank Conclave on India-Africa Project Partnership held in New Delhi, India.
Singh noted that the relations between India and Africa had thrived for a long time “because of our commitment.”
The minister added that the strength of the friendship had been on partnership in capacity building in the countries.
“We trust each other to be able to build capacity that will stand the test of time. I hope we will take decision in this conclave that will help us all. We are looking towards sustainable development, joint efforts and collaboration is needed and we must commit ourselves to work together, we must strengthen our bond of trade and friendship” Singh said.
On his part, the Nigeria’s Minister of Industry, Trade and Investment, Okechukwu Enelamah said it had become imperative for increased relations between Nigeria and India.
