Following the two previous India-Africa Forum Summits, India has given around $7.4 billion of concessional credit, which has been used to enhance the fields of infrastructure, agriculture, industry, energy and water.
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Though he didn’t give the precise variety of heads of presidency and state who shall be coming, he stated that even countries that had elections or the place new governments have been shaped can be represented on the highest degree. “India and Africa have a tradition and it is in their culture not to pollute or to damage the environment”, stressed Modi. We will explore new areas like a sustainable blue economy. “Since April 2014, the scheme has been further expanded and as of now India provides duty free market access on about 96% of India’s tariff lines”, she said.
Every member of African Union – 54 nations – would be attending the summit.
Swaraj, who opened an India-Africa peace park here, also stressed the importance of India, Africa and other developing countries to cooperate closely in the two upcoming global meets – the climate change conference in Paris and the WTO meeting in Kenya. In more than 40 countries today there are more than 100 projects, being implemented through Indian aid.
In the written interview, he said the relationship was beyond strategic considerations and had strong emotion link.
“India is the fastest-growing major economy”.
A productive summit will benefit both India and Africa. We have complementary resources and markets; and, the power of our human capital.
He has also issued calls for a  ” new Africa” and said the continent should focus on its potential to emerge as a pole of global growth.
“Our economic partnership is gathering momentum”.
“This third India-Africa Forum Summit, to which 54 African countries are invited, is expected to result in a deeper engagement between India and Africa”.
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However, despite the rise, the bilateral trade still lags behind China’s trade with Africa, which now stands at $200 billion. Delegations from India and African counties discussed on the Duty Free Tariff Preference (DFTP) Scheme, Services Waiver for LDCs and Cotton Technical Assistance Programme (TAP). It is inconceivable that the Security Council today does not have any permanent representation from Africa, which is the largest continent in terms of number of countries.
