India-Africa Current Affairs

India, Ethiopia sign agreements on trade, communication

India and Ethiopia have signed agreements on trade, communication and media to boost bilateral ties. The agreements were signed after wide ranging talks between President Ram Nath Kovind and his Ethiopian counterpart Mulatu Teshome at Addis Ababa in Ethiopia.

The agreement was signed during President Ram Nath Kovind’s second leg of his maiden visit abroad to Djibouti and Ethiopia

Singed Agreements

  • Trade Agreement
  • Agreement in field of Information, Communication and Media.

India-Ethiopia Relations

Bilateral partnership between India and Ethiopia rests on civilizational ties and cultural bonds. Historical linkages between both countries go back about 2,000 years of recorded history. India is amongst top trade, investment and development partner of Ethiopia.

India’s is third most important trading partner for Ethiopia. India’s exports to Ethiopia in 2012 amounted to US $ 890 million i.e. 11% of all of Ethiopia’s imports. It mainly comprised primary and semifinished iron and steel products, drugs and pharmaceuticals, machinery and instruments, metal, plastic chemicals, transport equipments, electrical materials etc. India’s annual imports from Ethiopia have stagnated in range of US $ 30million. These mainly consist of cotton, pulses and spices.

Ethiopia continues to be largest recipient of India’s concessional Lines of Credit in Africa, with commitment of over one billion dollar. India is second largest foreign investor in Ethiopia with approved investment of US $ 4.78 billion. About 40% of Indian investment is in field of commercial agriculture. India is actively playing important role of capacity building in Ethiopia in field of ITEC, education, Science and Technology and Defence etc

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India, Somali sign agreement on transfer of sentenced persons

India and Somalia have signed an agreement for transfer of sentenced prisoners in each other’s country. The agreement was signed in New Delhi during the ongoing visit of the Somalia’s Foreign Minister to India.

During the visit, both countries discussed entire gamut of bilateral relations, including the issue of piracy and maritime security. They also discussed regional issues pertaining to developments in the Gulf region and India’s neighbourhood.

The agreement opens a new front for collaboration in anti-piracy operation in Eastern Africa as the incidents of piracy originating from Somalia have affected Indian interests in the Indian Ocean region near the Horn of Africa.

Background

Somalia is situated near the Horn of Africa with the Gulf of Aden to its north. It is among the partner countries of India’s Pan African e-Network project. India-Somalia bilateral trade stood at $391.05 million in 2014-15, a more than 51% increase over the figure of $257.27 million in 2013-14.

Diplomatic contacts between India and Somalia have been infrequent, however, Somalia had participated in the 2015 India-Africa Forum Summit in New Delhi. Somalia plays important role in containing China’s presence in Indian Ocean region. China opened its first overseas military base in Djibouti. Somalia shares border with Djibouti on the west.

India also offers Indian Technical and Economic Cooperation (ITEC) training scholarships and Indian Council for Cultural Relations (ICCR) scholarships to Somalia. In recent years, India also has extended development assistance which included mini buses to the war-battered country.

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