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Home » News » Business » India, Africa trade target pegged at $75 billion

India, Africa trade target pegged at $75 billion

NEW DELHI: India and Africa have set a trade target $75 billion by 2015 on the back of increasing economic engagement between the two sides.“

The trade target is to reach $75 billion by 2015. I am sure, we will reach it before that,” Union Commerce and Industry Minister Anand Sharma said on Monday even as visiting Mozambique’s Prime Minister Aires Bonifacio Baptista Ali invited Indian Inc to participate in the economic resurgence of Africa.

Inaugurating a conclave on India-Africa Project Partnership “Creating Possibilities: Delivering Value”, organised jointly by Confederation of Indian Industry (CII) and Exim Bank here, Sharma said noted that the India-Africa relationship and economic cooperation will be a defining element of the 21st century.

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