Bilateral trade between India and Africa will cross USD 100 billion : Naqvi

Vastavam web: Union Minister Mukhtar Abbas Naqvi today said the bilateral trade between India and Africa will cross USD 100 billion mark in next two years, owing to improvement in business environment in India and better connectivity across the African continent.The bilateral trade between India and the African nations was recorded around USD 57 billion in 2015-16.He observed that India is attracting business leaders and investors from across the globe as the government has been able to build a conducive business environment aimed at inclusive growth, according to a press release issued by Assocham.
The minority affairs minister also said it is due to the various reforms ushered in by the Centre that even global rating agencies and noted economists have impressed upon India as a very ‘safe and strong’ investment destination.