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Thursday, May 30, 2024

Zimbabwe – India relations deepen

Story by Oleen Ndori, Foreign Editor

ZIMBABWE is hoping to take advantage of the 18th Edition of the Confederation of Indian Industry-Exim Bank Conclave on India-Africa Growth Partnership to drive the country’s economic diplomacy.

From the 14th to the 16th of this month, 42 African countries and 800 business executives are converging in New Dehli, India for the 18th Edition of the Confederation of Indian Industry (CII)-Exim Bank Conclave on India-Africa Growth Partnership that looks at ways of diversifying areas of cooperation in different fields, ranging from health to infrastructure development as well as trade.

Zimbabwe’s top envoy to India, Dr Godfrey Chipare says such platforms feed directly into the vision of the Second Republic’s National Development Strategy One.

“India is the fifth largest economy in the world it is the most populous in the world the opportunities are abundant, so we need to identify target areas and locating Zimbabwe as a key partner for India will be carried in a targeted manner,” he noted.

“India is a key player in the pharmaceutical area, there are also companies interested in setting up a diagnostic centre across urban medical centres as well as areas of infrastructure development, hence the involvement of the NRZ to this conference,” he added.

He added that as Africa is pushing for increased intra-continental trade under the African Continental Free Trade Area, the conclave also presents opportunities for African countries to engage and discuss areas of further cooperation.

Dr Chipare also said, “AcFTA is a great opportunity. In this conclave, for the first time, there is an element of trilateral cooperation and this presents a continental opportunity for increased cooperation for the growth of Africa.”

Organised by the Confederation of Indian Industry (CII), which is one of the largest industry associations in India, the Conclave is an annual event that brings together thought leaders, policymakers, entrepreneurs, innovators, and investors from various sectors to discuss key issues and opportunities in India-Africa development.

Previous Conclaves have provided a platform to deepen the bilateral relations between Zimbabwe and India and helped in creating synergies among sectors of health, information and communication technology, finance, and agriculture as well as higher and tertiary education.

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