India extends $92 m credit to Tanzania |
India today extended its full support to it to meet its development needs and signed five agreements, including one for providing a Line of Credit of $92 million in the water resources sector.Describing India as a trusted partner in meeting Tanzania’s development priorities, Prime Minister Narendra Modi said he along with President John Pombe Joseph Magufuli “agreed to deepen our overall defence and security partnership, especially in the maritime domain”. He said, our in-depth discussions on regional and global issues reflected our considerable convergence on issues of common interest and concern. India’s cooperation with Tanzania will always be as per your needs and priorities. Modi said at a joint press interaction after his bilateral meeting with President Magufuli. Modi arrives in Tanzania on the third leg of his visit to Africa. Other agreements signed include an MoU on water resource management and development, MoU for establishment of vocational training centre at Zanzibar, MoU on visa waiver for diplomatic/official passport holders and an agreement between National Small Industries Corporation of India and Small Industries Development Organisation Tanzania.Prime Minister said the two countries are also working on a number of other water projects for 17 cities in Tanzania.
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