Thursday, 29 November 2018

India, Mozambique explore investment avenues

India, Mozambique explore investment avenues

New Delhi: External Affairs Minister (EAM) Sushma Swaraj and the Foreign Minister of Mozambique Jose Condungua Antonio Pacheco co-chaired the 4th India-Mozambique Joint Commission meeting here on Thursday, where the two leaders held a discussion on co-operation in commercial, investment, defense, development, and social sectors.

“Forging strategic and special relationship. EAM @SushmaSwaraj and Foreign Minister of #Mozambique Jose Condungua co-chaired the 4th India-Mozambique Joint Commission Meeting. Held detailed discussions on cooperation in commercial, investment, defense, development & social sectors,” Raveesh Kumar, the Ministry of External Affairs’ Spokesperson, tweeted.

The African nation’s Foreign Minister is on an official visit to India from November 28 to December 2. He is slated to address the Indian Council of World Affairs (ICWA) on the morning of November 30, following which he shall be attending the India-Mozambique Business Forum at The Oberoi in New Delhi. The Foreign Minister of Mozambique is scheduled to depart for his country on December 2.

India and Mozambique share close relations which date back to the pre-colonial period. India lent its support to the nation during its freedom struggle, leading to Mozambique achieving its independence in 1975. India has previously offered credit assistance of USD 500 million to Mozambique during the state visit of the Mozambican President to India in 2010, apart from several grants and scholarships.



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