Business / Economy
India lauds trade prospects with Zimbabwe, projects implementation
4 hrs ago | Views
The Indian Ambassador to Zimbabwe, His Excellency, Mr Bramha Kumar, has lauded trade prospects between Zimbabwe and India while reminding that he looks forward for Zimbabwe to implement agenda items agreed during the Joint Trade Commission (JTC) meeting in May last year.
Speaking this Thursday morning after meeting with Dr Thomas Wushe who is the Permanent Secretary for Ministry of Industry and Commerce, Ambassador Bramha Kumar emphasised on the need to enhance bilateral trade and investments between the two countries.
"We discussed ways and means to enhance bilateral trade and investments between India and Zimbabwe. We also highlighted the prospects of doing business with Zimbabwe for Indian traders and investors which are enhancing gradually whilst reflected by the growing number of expatriates in Zimbabwe," Ambassador Bramha Kumar added.
Ambassador Kumar added that the authorities of the two countries need to push forward to implement the agenda items agreed during the Joint Trade Commission (JTC) meeting in May 2024.
Some of the important areas which were discussed include, pharmaceuticals and healthcare, mining sector, agriculture and agri-tech, textiles, science and technology; and capacity-building.
He also briefed on India’s ongoing ITEC scholarship programmes in which more than 250 Zimbabwean Government officers are availing fully sponsored scholarships to upgrade and enhance their skills in areas of their work.
"I look forward to the implementation of major investment projects in Zimbabwe such as between Jindal Steel and Power and ZESA Holding; and also between RITES and NRZ," Ambassador Bramha Kumar said.
Meanwhe, Dr. Thomas Utete Wushe applauded Indian Ambassador for his country’s ongoing support to the Government of Zimbabwe in multiple sectors.
Ushe appreciated the long-standing relationship and recognise India as a key strategic partner under ‘Look East Policy’ and excited about the immense potential for mutual growth and prosperity. He also assured Zimbabwe’s commitment to creating an investor-friendly environment, improving the ease of doing business, and providing incentives for Foreign Direct Investment.
He also encouraged Indian businesses to use Zimbabwe as a gateway to the African market.
Speaking this Thursday morning after meeting with Dr Thomas Wushe who is the Permanent Secretary for Ministry of Industry and Commerce, Ambassador Bramha Kumar emphasised on the need to enhance bilateral trade and investments between the two countries.
"We discussed ways and means to enhance bilateral trade and investments between India and Zimbabwe. We also highlighted the prospects of doing business with Zimbabwe for Indian traders and investors which are enhancing gradually whilst reflected by the growing number of expatriates in Zimbabwe," Ambassador Bramha Kumar added.
Ambassador Kumar added that the authorities of the two countries need to push forward to implement the agenda items agreed during the Joint Trade Commission (JTC) meeting in May 2024.
Some of the important areas which were discussed include, pharmaceuticals and healthcare, mining sector, agriculture and agri-tech, textiles, science and technology; and capacity-building.
He also briefed on India’s ongoing ITEC scholarship programmes in which more than 250 Zimbabwean Government officers are availing fully sponsored scholarships to upgrade and enhance their skills in areas of their work.
"I look forward to the implementation of major investment projects in Zimbabwe such as between Jindal Steel and Power and ZESA Holding; and also between RITES and NRZ," Ambassador Bramha Kumar said.
Meanwhe, Dr. Thomas Utete Wushe applauded Indian Ambassador for his country’s ongoing support to the Government of Zimbabwe in multiple sectors.
Ushe appreciated the long-standing relationship and recognise India as a key strategic partner under ‘Look East Policy’ and excited about the immense potential for mutual growth and prosperity. He also assured Zimbabwe’s commitment to creating an investor-friendly environment, improving the ease of doing business, and providing incentives for Foreign Direct Investment.
He also encouraged Indian businesses to use Zimbabwe as a gateway to the African market.
Source - Byo24News
