Mozambique and India intend to intensify economic and trade relations

Moçambique e Índia pretendem intensificar relações económica e comercial

India's Minister of Petroleum and Natural Gas, Dardeep S. Puri, said this Monday in Maputo that Mozambique and his country "have the potential to increase economic ties", based on the "excellent bilateral relations" that the two states maintain.

Dardeep S was speaking to journalists after a meeting with the President of the Republic, Filipe Nyusi.

The two countries, he continued, could expand cooperation in areas such as agriculture, agribusiness, railways and biofuels.

"India is part of the new global biofuels alliance initiative with Brazil, the United States of America and other countries and Mozambique can be part of this initiative," said Dardeep S, quoted by Lusa.

The friendly relationship between Filipe Nyusi and the Indian head of state, Narendra Modi, can be used as an important pillar for intensifying economic and trade relations between the African country and the Asian country, continued the Indian Minister of Oil and Gas.

Dardeep S. Puri pointed out that India has investments of up to 11 billion dollars in the energy sector in Mozambique, a country with which it trades up to four billion dollars a year.

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