The conference, co-chaired by Commerce Secretary Rajesh Agrawal and Tanzanian Permanent Secretary Samwel William Shelukindo, reported that bilateral trade increased to $9.02 billion in 2025-26 from $8.64 billion the previous year. Both sides emphasized the importance of strengthening trade procedures, such as researching local currency settlements and simplifying long-term visa processes for businesspeople, as well as resolving market access issues like tariffs and regulatory hurdles.

 

The discussions included a wide range of sectors, with a special emphasis on mining, infrastructure, water, timber, agriculture, pharmaceuticals, healthcare, education, and digital collaboration. India provides assistance with capacity building, regulatory coordination, and talent development, as well as emphasizing prospects for gemstone value addition and geological investigation. The importance of IIT Madras Zanzibar as a rising hub for scientific and technology education was also acknowledged

 

India's development relationship with Tanzania, particularly through Lines of Credit totaling over $1.1 billion for water infrastructure projects, was cited as a significant contribution. These programs are estimated to impact more than 6 million people in 24 locations. Both parties also considered collaboration in renewable energy, natural gas, and hybrid power solutions, as well as shipbuilding, port development, and railway modernization.

 

Business executives also attended the gathering, with a group from the Confederation of Indian Industry attending a combined business meeting on the sidelines. Both Indian and Tanzanian speakers emphasized the rising convergence of their economies and the significance of increasing private sector participation.

 

The discussion ended with both parties resolving to strengthen institutional procedures and hasten the implementation of ongoing efforts. The next Joint Trade Committee meeting will be held in New Delhi on mutually agreed-upon dates.