The visit is special because this is the 40th anniversary year of independence of Mozambique and the 40th anniversary year of the establishment of our diplomatic relations.
Africa and the Indian Ocean are among the highest priorities for our foreign policy. Mozambique is crucial for both.
Mozambique and India have centuries-old trade ties. 20,000 people of Indian origin in Mozambique are an important link between us. Our colonial experiences and development aspirations have shaped a shared vision and a strong partnership.
Mozambique can be a large and a proximate source of natural gas, coal and other minerals that are so important to drive our growth. It also offers huge opportunities in agriculture sector.
I am pleased that Indian investments in these sectors have grown significantly in recent years. Mozambique hosts nearly 25% of Indian investments in Africa. Our trade has multiplied five times in the last five years.
We are delighted to be a development partner for Mozambique in several areas, including agriculture, healthcare, energy, infrastructure and human resource development.
So, as we seek to deepen our relations with Mozambique and enhance our engagement in the Indian Ocean Region and Africa, we are pleased that President Nyusi is visiting us now.
In my discussions today, I have conveyed the importance that we attach to Mozambique as our regional partner. I have also stressed our commitment to our development partnership, in accordance with Mozambique’s priorities.
We spoke of our economic synergies and cooperation. I expressed hope that Mozambique would continue to provide an encouraging environment for investments from India, including in the areas of hydrocarbons, minerals and infrastructure. We have agreed to explore ways to speed up the implementation of power supply project in Maputo, being funded by Indian line of credit.
Africa and the Indian Ocean are among the highest priorities for our foreign policy. Mozambique is crucial for both.
Mozambique and India have centuries-old trade ties. 20,000 people of Indian origin in Mozambique are an important link between us. Our colonial experiences and development aspirations have shaped a shared vision and a strong partnership.
Mozambique can be a large and a proximate source of natural gas, coal and other minerals that are so important to drive our growth. It also offers huge opportunities in agriculture sector.
I am pleased that Indian investments in these sectors have grown significantly in recent years. Mozambique hosts nearly 25% of Indian investments in Africa. Our trade has multiplied five times in the last five years.
We are delighted to be a development partner for Mozambique in several areas, including agriculture, healthcare, energy, infrastructure and human resource development.
So, as we seek to deepen our relations with Mozambique and enhance our engagement in the Indian Ocean Region and Africa, we are pleased that President Nyusi is visiting us now.
In my discussions today, I have conveyed the importance that we attach to Mozambique as our regional partner. I have also stressed our commitment to our development partnership, in accordance with Mozambique’s priorities.
We spoke of our economic synergies and cooperation. I expressed hope that Mozambique would continue to provide an encouraging environment for investments from India, including in the areas of hydrocarbons, minerals and infrastructure. We have agreed to explore ways to speed up the implementation of power supply project in Maputo, being funded by Indian line of credit.
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