Monday 11 July 2016

India gives SUVs to Mozambique, completes delivery of $4.5 mn grant


Occurring with Prime Minister Narendra Modi’s visit to Mozambique, India has handed over 30 Mahindra SUVs to Mozambique, completing the delivery of Dollars 4.5 million grant assistance. The vehicles were handed over by Amar Sinha, Secretary (Economic Relations) in the External Affairs Ministry, to an official of Mozambique’s Interior Ministry.  Prime Minister Narendra Modi, who was
on a bilateral visit to Mozambique, also handed over 4 buses (financial grant $122,000) to Centre for Innovation and Technological Development (CIDT) as donation.

The Prime Minister went around the campus of the CIDT and interacted with students who have studied in India under ITEC and other programmes.
Filipe Nyusi said that about 25% of the investment that India applies in Africa is destined for Mozambique, “which shows the importance that the country has in the investment strategy of Indian companies”.
Mozambique

Mozambique is a southern African nation whose long Indian Ocean coastline is dotted with popular beaches like Tofo, as well as offshore marine parks.
.It’s also a diving and snorkeling destination, as is Bazaruto Archipelago farther south, with reefs protecting rare marine life including dugongs.
Capital: Maputo
Currency: Metical
Official language: Portuguese
India–Mozambique relations

India–Mozambique relations refers to the current and historical relationship between India and Mozambique. India has a high commissioner in Maputo and Mozambique has a high commissioner in New Delhi.
A Memorandum of Understanding regarding cooperation in the area of renewable energy was signed during Mozambique President Filipe Jacinto Nyusi’s visit to India on 5 August 2015
Mumbai-based Videocon Industries is part of a consortium of companies exploring for hydrocarbons off the coast of Mozambique’s northern Cabo Delgado Province.

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