Wednesday, 12 August 2015

 

India-Mozambique Relations: Towards Fresh Opportunities? PDF Print Email
Wednesday, 12 August 2015 09:08 Experts Policy Center

India-Mozambique Relations: Towards Fresh Opportunities?

NEW DELHI, India, August 12, 2015 (IDSA) -- India’s historic ties with Mozambique have got a boost in recent years with several high level visits from the country including that of Mozambican President in 2013 and the Mozambican Foreign Minister Oldemiro Baloi in November 2014. These visits are important in terms of India’s growing interest in Mozambique’s energy sector. India is the fourth largest energy importer in the world and has been involved in seeking cooperation with several African countries to meet the growing domestic energy demand. During Baloi’s visit, besides the $ 216.4 million Line of Credit agreement to support development activity in Mozambique, the two countries also signed a Memorandum of Understanding (MOU) to enhance cooperation in the field of natural gas and oil.1


 

 

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