June 6, 2023
India is currently the fifth largest economy in the world and aspires to become the third largest in the near future
Jaishankar expressed the government's support for Indian companies to invest and operate abroad
Jaishankar offered India's assistance in Namibia's digitization efforts
The transformation of India-Africa relations emphasizes India's reputation as a reliable and responsible partner
India’s rise is unstoppable and the country is taking its place in the world, according to External Affairs Minister S. Jaishankar during his visit to Namibia. This marked the first visit by an Indian external affairs minister to the African nation.
Jaishankar stated that India’s economy is currently the fifth largest in the world and aspires to become the third largest in the near future. Reflecting on Prime Minister Narendra Modi’s 2018 Africa visit, Jaishankar reiterated the Indian government’s commitment to being a responsible partner who listens to the needs and priorities of African nations. He noted the transformation of India-Africa relations, emphasizing India’s reputation as a reliable and responsible partner.
Regarding investment opportunities, Jaishankar expressed the government’s support for Indian companies to invest and operate abroad. He emphasized the importance of bilateral investment protection agreements and expressed his intent to discuss the matter with Namibia’s leadership.
Additionally, Jaishankar offered India’s assistance in Namibia’s digitization efforts, underscoring India’s willingness to support and collaborate with the African nation in this endeavour.
While acknowledging the challenges that lie ahead, Jaishankar affirmed that India is heading in the right direction. He attributed India’s rise to its strong relationships, the contributions of Indians residing abroad, and domestic growth.
Source: Economic Times