India & 14 African nations to strengthen mutual trade:
Addis Ababa, May 21 (PTI) India and 14 key African nations today vowed to strengthen mutual trade, taking note of the potential provided by the combined population of 2.2 billion and a GDP of USD 3 trillion.Expressing confidence that the India-Africa trade would reach USD 70 billion by 2015 from USD 46 billion, a joint statement of African Union Commission (AUC) and India said the economic ties can be improved by an agreement between New Delhi and African regional Economic Communities.
The statement was issued after a meeting of trade ministers and officials of India and AUC countries. As many as 14 African countries were represented at the meeting also attended by India's Commerce and Industry Minister Anand Sharma.Media agencies
Addis Ababa, May 21 (PTI) India and 14 key African nations today vowed to strengthen mutual trade, taking note of the potential provided by the combined population of 2.2 billion and a GDP of USD 3 trillion.Expressing confidence that the India-Africa trade would reach USD 70 billion by 2015 from USD 46 billion, a joint statement of African Union Commission (AUC) and India said the economic ties can be improved by an agreement between New Delhi and African regional Economic Communities.
The statement was issued after a meeting of trade ministers and officials of India and AUC countries. As many as 14 African countries were represented at the meeting also attended by India's Commerce and Industry Minister Anand Sharma.Media agencies
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