Africa wants true partnership with India

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By Beletu Bulbula

Ethiopian Foreign Affairs Minister Hailemariam Dessalegn said “It is the hope and expectation of Ethiopia and, indeed of Africa, that our partnership will enable us to draw important lessons from India's development success so that Africa also becomes one growth pole of the world”.  The Minister made these remarks when he addressed the Second India-Africa Foreign Affairs Ministers' meeting at the AU headquarters in Addis Ababa.

He said the development partnership that Africa has established with India has already begun to bear fruits. “This is evident from the substantial financial flows from India to Africa in the form of grants, foreign direct investment or concessional loans”, he added.

Hailemariam who is also Deputy Prime Minister of Ethiopia explained that the cooperation in the field of capacity is also very encouraging through which 21 capacity building institutions are being established in various African countries, including Ethiopia.

Stressing on the benefits of India-Africa partnership, the Minster said “The Duty Free Tariff preference scheme offered by India holds great potential to increase African exports to India”. Thus, the speedy and thorough implementation of the partnership would promote the socioeconomic development goals of the two sides, Hailemariam added.

According the Minister, the objective of Africa's partnership with India is not limited to the very important assistance of direct economic, financial, trade, capacity building and promotion of regional integration but also geared towards working together to address other global challenges.

“In all areas of cooperation, we need to work together with India so that a conducive global environment that will enhance the achievement of our quest for economic and social development is created”, the Minister added.

The Minister further indicated that India-Africa partnership that is based on the principles of equity, mutual respect and benefit, as well as the historical understanding amongst the peoples will also continue to be guided by the same principles for the independence, sovereignty and territorial integrity of states.

Currently, African continent is estimated to grow on average by about five per cent in 2011 while India's economy continues to develop into one of the world's growth poles,  Hailemariam elaborated citing UNECA.

Meanwhile, the memorandum of understandings has been signed by India and AU to establish 14 capacity building institutions in different African countries so as to clearly manifest the desire to implement the decisions made on the 1st India-Africa Forum summit in 2008.

 

  • Africa-India Summit
  • Africa-India Summit
  • Africa-India Summit
  • Africa-India Summit
  • Africa-India Summit
  • Africa-India Summit
  • Africa-India Summit
  • Africa-India Summit
  • Africa-India Summit
  • Africa-India Summit