DP World and the Indian Government Have Announced the Launch of the ‘Bharat Africa Setu’ – Described as a Transformative Trade Initiative Designed to Double India-africa Trade and Strengthen It's Cooperation. India's Ministry of External Affairs and Ministry of Commerce and Industry Are Supporting the Project. India's Ministry of External Affairs and Ministry of Commerce and Industry are Supporting the Project. Through a Completely Integrated Trading Ecosystem, It Will Provide Indian Exporters With Access to 260,000 Places of Sale in 53 African Countries, Including East African Nations Like Kenya, Tanzania, and Others, According to DP World. In Africa, DP World Runs More Than 200 Warehouses, 10 Ports and Terminals, and Three Economic Zones. It specialises in Freight Operations, Logistics Management, and Market Access. By Combining Value-added Services With Physical Infrastructure, the Bharat Africa Setu Aims to Establish a Smooth Trading Environment Between the Two Regions.
Government of India and DP World Launch New Trade Initiative Connecting India With Africa
Africa has the Potential to Become a Major Player in the Global Economy, With Trade and Strategic Partnerships Acting as Catalysts for the Continent's Growth and Prosperity, Stated Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World. Our Collaboration With the Indian Government to Create the Bharat Africa Setu Will Increase Market Access and Bilateral Trade Efficiency, Opening Doors for Indian Exporters to the Enormous Opportunities across all sectors - construction, mining, medical, water Infrastructure & Logistics in Africa. India's Minister of Industry and Commerce, Shri Piyush Goyal, Said "Africa Has Great Potential as a Key Trading Partner for India. Strengthening Connectivity, Removing Trade Barriers, and Enabling Indian Companies to Enter and Prosper in Africa's Vibrant Marketplaces Are All Necessary to Realise This Promise. A Significant Stride in This Approach is the Bharat Africa Setu. In Order to Promote Prosperity and Growth on Both Sides of the Arabian Sea, We are Dedicated to Creating an Effective, Future-ready Commerce Corridor That Enables Smooth Export Flows Between India and Africa by Utilising Private Sector Innovation and Investment.
Add Comment