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India extends $ 92 mn Line of Credit to Tanzania

PTI Dar-es-Salaam | Updated on January 17, 2018 Published on July 10, 2016
Prime Minister Narendra Modi and Tanzania President John Magufuliwi witness signing of an agreement in Dar-es-Salaam, Tanzania on Sunday.

Prime Minister Narendra Modi and Tanzania President John Magufuliwi witness signing of an agreement in Dar-es-Salaam, Tanzania on Sunday.   -  PTI

Prime Minister Narendra Modi receives ceremonial welcome at at the State House in Dar es Salaam. Photo credit: @MEAIndia

Prime Minister Narendra Modi receives ceremonial welcome at at the State House in Dar es Salaam. Photo credit: @MEAIndia

The visit will be aimed at giving an impetus to ties with Tanzania, a valued friend in Africa, Modi had said ahead of his visit.

Seeking to enhance its ties with resource-rich Tanzania, India today extended its full support to it to meet its development needs and signed five agreements, including one for providing a Line of Credit of USD 92 million in the water resources sector.

Describing India as a trusted partner in meeting Tanzania’s development priorities, Prime Minister Narendra Modi said he along with President John Pombe Joseph Magufuli “agreed to deepen our overall defence and security partnership, especially in the maritime domain“.

“Our in-depth discussions on regional and global issues reflected our considerable convergence on issues of common interest and concern,” he said.

“India’s cooperation with Tanzania will always be as per your needs and priorities,” Modi said at a joint press interaction after his bilateral meeting with President Magufuli.

The two sides signed an agreement under which India will provide a Line of Credit of USD 92 million for rehabilitation and improvement of Zanzibar’s water supply system.

Other agreements signed include an MoU on water resource management and development, MoU for establishment of vocational training centre at Zanzibar, MoU on visa waiver for diplomatic/official passport holders and an agreement between National Small Industries Corporation of India and Small Industries Development Organisation Tanzania.

Prime Minister said the two countries are also working on a number of other water projects for 17 cities in Tanzania. “For this India is willing to consider an additional USD 500 million line of concessional credit,” he said.

Describing Public Health as another important area of bilateral engagement, Modi said India is ready to meet the healthcare priorities of the Tanzanian government, including of supply of medicines and equipment. “I am told that an Indian radio-therapy machine is being installed at Bugando medical centre to treat cancer patients,” he said.

He said during his meeting with President Magufuli, they detailed discussions on the full spectrum of bilateral partnership. "Our focus was to shape an action oriented agenda of cooperation, so that we talk less of potential and more of achievements on the ground. We agreed that our common desire of economic prosperity for our societies is creating new opportunities for expanding our cooperation,” he said.

To achieve this, the two nations agreed to deepen partnership in agriculture and food security, including through enhanced export of pulses from Tanzania to India.

They also decided to work together in development and use of natural gas.

India agreed to partner Tanzania in building of industrial economy, capacities and institutions. The two leaders also decided to deepen bilateral trade and investment partnership by encouraging greater industry to industry ties.

Ceremonial welcome

The Prime Minister was accorded a ceremonial welcome when he arrived at the State House here. “A ceremonial welcome, the East African way. PM’s Tanzania engagements begin at the State House in Dar es Salaam,” External Affairs Ministry Spokesperson Vikas Swarup tweeted.





The Prime Minister, who arrived here late last night on the third leg of his four-nation Africa tour, also played the drum along with the Tanzanian President for nearly one minute. “New beats to the #IndiaAfrica rhythm! PM @narendramodi and President @MagufuliJP play the drum,” Swarup said.





Prime Minister Modi and President Magufuli first held restricted talks before holding delegation-level parleys, “PM @narendramodi and President @MagufuliJP in restricted talks following the welcome,” Swarup tweeted.





The visit will be aimed at giving an impetus to ties with Tanzania, a valued friend in Africa, Modi had said ahead of his visit.

He will also be meeting ‘Solar Mamas’, a group of rural women solar engineers from Africa who have been trained under Government of India-supported programmes to fabricate, install, use, repair and maintain solar lanterns and household solar lighting systems in their villages.

He visited Mozambique and South Africa before arriving here. He will also visit Kenya.

The focus of the African tour is on deepening cooperation in areas of hydrocarbons, maritime security, trade and investment, agriculture and food.

Published on July 10, 2016
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