India- Zambia bilateral trade increases by 25

Posted on : 10-11-2017 | Back | Print

PRESS STATEMENT ON LATEST INDIA –ZAMBIA BILATERAL TRADE (PRINT)

 

Bilateral trade between India and Zambia has increased by 25%, nearly One Billion US Dollars.

 

Ministry of External Affairs Joint Secretary for Eastern and Southern Africa Division Neena Malhotra said figures stood at $773 million between 2015- 2016 which had now increased to $9. 80 Million between 2016- 2017 reflecting a 25% increase.

 

Dr. Malhotra said the Indian Government was happy about the increase in the latest bilateral trade.

 

She disclosed this when Zambia’s High Commissioner to India, Judith Kapijimpanga, called on the Joint Secretary in New Delhi, India.

 

And Mrs. Kapijimpanga said she was glad to learn that bilateral trade had continued to grow from strength to strength.

 

“Zambia High Commission in India foresees an increase of the trade volume to over $1 billion by the end of the year,” Mrs. Kapijimpanga said.

 

This was contained in a statement made available by First Secretary Press and Tourism at the Zambian Mission in New Delhi, India, Bangwe Naviley.

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And Mrs. Kapijimpanga urged the company to work with water utilities in Zambia in providing solar water pumping solutions in view of the energy deficit that was affecting water supply.

 

Mrs. Kapijimpanga said Zambia had over 3 million hectares of land for irrigation potential but that only 3% was under irrigation.

 

“There is need for solar pumping technology in Zambia to increase dry season irrigation to achieve food sufficiency,” She said.

 

Mrs. Mrs. Kapijimpanga had since invited the company to travel to Zambia to explore business opportunities.

 

This was contained in a statement made available by First Secretary Press and Tourism at the Zambian Mission in New Delhi, India, Bangwe Naviley.



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