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Third Session of the India-Namibia Joint Trade Committee (JTC)

News and Press Release - Dated:- 7-9-2016 - The Third Session of the India-Namibia Joint Trade Committee was held in New Delhi, 07th September, 2016. The Indian delegation was led by Hon ble Minister for State for Commerce and Industry (Independent C .....

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ries were highlighted. It was also recalled that during the visit of the President of India to Namibia in June 2016, the Indian and Namibian sides agreed inter-alia to convene the next meeting of the Joint Trade Commitee at an early date. The Hon ble .....

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uring 2015, India was the seventh largest country from whom Namibia sourced its imports . JTC further noted that five rounds of India-Southern Africa Customs Union(SACU)Preferential Trade Agreement (PTA) negotiations have been held so far. The fifth .....

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ing goods like electrical and mechanical appliances are sectors that India can cooperate with Namibia to meet Namibia s requirements. Metals and mineral from Namibia was sought for the Indian requirement. The Namibian side encouraged Joint Ventures i .....

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y to encourage local value addition and employment opportunity in Namibia. Namibia also expressed willingness to utilise $100 million of line of Credit for them. Water management related infrastructure development was also discussed in the meeting. I .....

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nt items in the agenda. Co-operation in development of Micro, small and medium enterprises also found a prominent place in the discussions held. The Indian side also communicated the willingness of the National Industries corporation Limited to set u .....

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