Business

India, Zambia sign 6 pacts; strengthen cooperation in defence, mineral resources

India and Zambia signed six agreements in key sectors such as mineral resources and defence after Prime Minister Narendra Modi and Zambian President Edgar Chagwa Lungu held wide-ranging talks to strengthen ties.

The two leaders also deliberated upon enhancing trade and investment, as well as deepening development cooperation.

‘Reliable partner’

Prime Minister Modi, at a joint press statement with President Lungu, said as a reliable partner in development cooperation, India has been sharing its developmental experiences with Zambia. He noted the progress made in projects related with health, power generation as well as easing traffic in Zambian capital Lusaka, with cooperation from India.

Modi said that both the countries will increase their participation in the fields of healthcare, tourism, agriculture, food processing and mining.

After the delegation-level talks, Memorandum of Understandings (MoUs) were signed between the two sides on cooperation in the field of geology and mineral resources, defence, and arts and culture.

A MoU was signed between between Foreign Service Institute of India and Zambian Institute of Diplomacy and International Studies. Also, two agreements were inked on ‘E-VBAB Network Project’ (e-education) as well as between Election Commission of India and Electoral Commission of Zambia. Continue reading…

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