Making a strong pitch for Indian investments, Lt. General Mompati S Merafhe, Vice President, Botswana, said at an interactive session organised by Confederation of Indian Industry (CII) in New Delhi, today , that “the event is a wake up call for us to put more effort and emphasis on exploring and utilising investment opportunities to their full potential."
To strengthen the bilateral business engagements, Lt. Gen Merafhe will open the BEDIA liaison office in Mumbai on June 18. “This office will serve as a one-stop information centre for all your enquires on trade and investment in Botswana, and it will also help in cementing the foundation for long lasting commercial relations between our two countries," he said.
The two governments are also signing two agreements in the fields of science and technology and micro, small and medium enterprises (MSMEs) the same day. Lt. Gen Merafhe mentioned that the Local Enterprise Authority (LEA) in Botswana and National Small Industries Corporation in India have just signed a memorandum of understanding (MoU) to facilitate cooperation between SMEs in both countries.
Earlier, Gurjit Singh, Joint Secretary (E&SA), Ministry of External Affairs, Government of India, said in his introductory remarks that there is significant scope for building India-Botswana bilateral trade ties on the plank of strong complementarity. He said that in terms of investments, both Indian government and private sector companies could play a key role in leveraging the opportunities in Botswana in the banking and financial services sector. Read the full report here.
Source: India Infoline News Service
