Mozambique, Malawi in pulse export deal with India

Published 2021년 9월 22일

Tridge summary

India has signed deals with Malawi and Mozambique to import pulses and is in talks with other African countries to meet its domestic demand. The country is also exploring opportunities to invest in Africa and has extended concessional loans to African countries for agriculture and allied sectors. The Indian government has executed 119 projects in 41 African countries, with a total outlay of over USD 12 billion. India has also extended support for the development of the cotton sector in 11 African countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Minister of State for External Affairs Muraleedharan said on Tuesday that India has signed deals to import pulses from Malawi and Mozambique and that it is in talks with other African countries to acquire pulses to suit its domestic need. In his opening remarks at the India-Africa Agriculture and Food Processing Summit 2021, he noted that India is Africa’s fourth-largest trading partner and has grown to become the continent’s fifth-largest investor, with a total investment of USD 70.7 billion. India could explore the possibility of increasing its economic and commercial ties with Africa, the minister said. Stating that food security is a common thread that binds both India and Africa, Muraleedharan said India has donated food aid worth USD 15.8 million to various African countries under humanitarian assistance. “India has entered into agreements with Malawi and Mozambique for imports of pulses to meet growing domestic demands. Currently, we are negotiating MoUs with some other ...
Source: Moz-agri

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