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CII-Exim Bank conclave: Goyal calls for deepening trade ties with Africa

The trade between India and African countries has been balanced with exports of trade and services of about $40 billion and imports of $49 billion, Goyal said

MAY 31, 2022** New Delhi: Union Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles Piyush Goyal addresses the ‘Garib Kalyan Sammelan’ in Shimla through a video conference, in New Delhi. (PTI Photo)(
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He said India was ready to help African nations in areas of physical and digital infrastructure.

Shreya Nandi New Delhi
Commerce and Industry Minister Piyush Goyal on Tuesday called for expansion and diversification of India-Africa economic relations and inclusion of emerging areas, such as solar energy, start-ups, and digital infrastructure for partnership.

Goyal identified four major focus areas for the India-Africa partnership: solar power, military exchanges in the context of the security of the Indian Ocean, physical and digital infrastructure, health care, pharma and vaccines, and start-up ecosystem.

The trade between India and African countries has been balanced with exports of trade and services of about $40 billion and imports of $49 billion, Goyal said at the inauguration of 17th