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On areas of co-operation
To my mind some of the areas which are expected offer opportunities are
service sectors like hotel and tourism, oil and gas sector - both upstream
and downstream, infrastructure development, trade and technology cooperation.
Eco-tourism in Africa has tremendous potential and this is well known.
It's a continent with abundant flora and fauna. India has already developed
quite a lot of expertise. Our hotel industry has been able to reach out
beyond India. As regards oil and gas, we can cooperate with Nigeria, a
major oil producing country. Another area is infrastructure development.
In the past we have participated in the export of projects in the middle-east
and it should be possible for India to enter into collaborative arrangements.
Trade co-operation is another area. Already there is a move for a free
trade agreement between South Africa and India. This bilateral agreement
would help in enlarging our presence in the trade blocs of Africa. Technology
is another area where we can possibly offer our assistance in respect
of IT, communication, biotechnology where we can enter into collaborative
operations.
On 'Focus: Africa' programme
This policy for a 'Focus: Africa' campaign is a useful one, particularly
because the results that have been achieved from the 'Focus: Latin America'
campaign have been found to be encouraging. The countries that have been
chosen have got a lot of potential. Indian share is not too high at present
and that is why we should start a new drive. A number of seminars have
already been organized, money has been provided for market development
studies. Some of export development councils have also held comprehensive
seminars regarding their respective products. There is now expectation
of greater involvement of our Indian missions in promoting this cooperation.
A huge sum of money has been earmarked for market studies, essentially
to work out the strategies. We should remember that any policy initiative
of the government in respect of trade can only be for facilitating export
in particular and trade as a whole. It will really depend upon exporters
to make use of these facilities to expand their horizons. I have always
maintained that the decent export growth achieved by India in the last
decade, has been because of two factors which have complemented one another:
one is the policy framework of the government for facilitating exports
and the other is increasing competitiveness of India's exports alongwith
new initiatives by the exporters.
On WTO
Each country has got its own national interest; at the most it's a question
of collaborative approach for projecting matters of common interest. In
fact in Doha, we had a very close cooperation and understanding with African
countries. Even today, that is continuing in issues like special and differential
treatment and trade barriers. There is unanimity of interest vis-à-vis
the developed countries. It's a question of exchanging our views and providing
united front in the multilateral discussion.
Expectations
In, 'Focus: Africa', the main thrust is on trade promotion. Trade and
investment are interrelated; there is no doubt that all those areas, which
I have mentioned will attract investment - today, tomorrow or day after.
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