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India, COMESA trade stands at $15bn


THE value of trade between India and the Common Market for Eastern and Southern Africa (COMESA) member states stood at US$15 billion in 2021.
Indian High Commissioner to Zambia Ashok Kumar said India’s exports to the COMESA region were valued at US$10.63 billion while imports from the economic grouping stood at US$4.4 billion. Mr Kumar said the country will continue to keep its market open to Africa and make it attractive for trade. “The government of India has charted 10 principles, which are a guiding light for our engagement with Africa. India will continue to open its market for trade and make it easy for African countries to trade,” he said. Mr Kumar was speaking in Lusaka on Wednesday when he presented his credentials to COMESA as its accredited permanent representative. He said India’s rich experiences in digital revolution will be harnessed to support Africa’s development in public service delivery in the area of health and education. Mr Kumar said the COMESA region forms the largest market for trade and investment in Africa because of its population of 586 million and CLICK TO READ MORE