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Our Bureau

New Delhi , Dec. 16

THE Union Government has urged Indian companies to strengthen distribution networks in Common Market of Eastern and Southern Africa (COMESA) countries for reaping the full benefits of trade.

Inaugurating the Indo-COMESA conference on economic cooperation, organised by the PHD Chamber of Commerce and Industry, Mr E.V.K.S. Elangovan, Minister of State for Commerce and Industry, noted that Africa is still an unchartered territory for Indian business. He held that the consolidation of Indo-COMESA economic cooperation at the bilateral and multilateral level could usher in a new era of South-South cooperation.

India's trade with COMESA countries (comprising 19 African States such as Angola, Burundi, Kenya and Zimbabwe ) is worth $1.642 billion.

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