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India to Strengthen Economic and Trade ties with Mozambique

India to Strengthen Economic and Trade ties with Mozambique

India’s Minister for Petroleum and Natural Gas, Dardeep S. Puri, said today in Maputo that Mozambique and his country “have the potential to increase economic ties”, based on the “excellent bilateral relations” that the two states have.

Puri was speaking to journalists after a meeting with Mozambican President Filipe Nyusi.

The two countries, he continued, could expand co-operation in areas such as agriculture, agribusiness, railways and biofuels.

“India is part of the new global biofuels alliance initiative with Brazil, the United States of America and other countries and Mozambique can be part of this initiative,” he emphasised.

The friendly relationship between Filipe Nyusi and the Indian head of state, Narendra Modi, can be used as an important pillar for intensifying economic and trade relations between the African country and the Asian country, continued the Indian Oil and Gas Minister.

Dardeep S. Puri pointed out that India has investments of up to 11 billion dollars (10.3 billion euros) in the energy sector in Mozambique, a country with which it has trade totalling four billion dollars a year (3.7 million euros).


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