UNO: India will give $ 2 billion 'soft loan' to Central Africa, know what else the Indian ambassador said?

Posted on 9th Dec 2022 03:30 pm by rohit kumar

India has decided to provide a $2 billion 'soft loan' for projects in Central Africa. India's Permanent Representative to the United Nations, Ambassador Ruchira Kamboj, on Thursday underlined New Delhi's cordial and friendly bilateral relations with the regions of Central Africa.

 

During the UNSC briefing on UNOCA/LRA (UN Regional Office for UNOCA), Ambassador Kamboj said, "India enjoys cordial and friendly bilateral relations with the countries of Central Africa. We have increased our diplomatic presence in the region. Developments in the region Our assistance and coordination have been abiding. “We have extended USD 2 billion of ‘soft loans to countries in the region for projects related to agriculture, transport, power, and water supply,” he said.

 

India's top ambassador to the United Nations said the country's Duty-Free Tariff Preference (DFTP) scheme applies to several Central African countries as well. He assured that India will continue to actively engage with countries in Central Africa to advance peace, security, and development for their people.

 

In his address, Kaboj noted that political developments in the countries of the Central African region have been positive, marked by electoral processes, regular exchanges, and cooperation between the countries. The Indian envoy underlined that the socio-economic and humanitarian situation in the Central African region presents multidimensional challenges, which are affected by historical injustices and the struggle for development.

 

Also Read: India At UNSC Meeting: India is concerned about the safety of citizens and the condition of children in Ukraine

Other news

TDP leader's statement regarding demands in Modi Government 3.0, he also said this about Muslim reservation

NDA has chosen Narendra Modi as its leader. He can take oath as PM on 9th June at 6 pm. This time

Delhi Blast: There was a plan to carry out blasts at four locations; gangs of two were formed; this dispute was between Umar and Muzammil; new revelations

Another new revelation has emerged in the Delhi bomb blast case. Approximately eight suspects had

MS Dhoni: Defamation case filed against MS Dhoni, case to be heard in Delhi High Court on January 29

The Delhi High Court has adjourned till January 29 the hearing in the defamation case filed again

Trump's tariff bomb will be a dud! India resets diplomacy, Chinese foreign minister is coming to Delhi to formulate a new strategy
Chinese Foreign Minister Wang Yi will arrive in Delhi on Monday (August 18) for a two-day visit, hol

Credit Suisse: How the 166-year-old bank reached this condition, 10 key things about the deal with UBS

Credit Suisse, a 166-year-old Swiss bank that has become a threat to the global banking system, h

Abhishek Bachchan: Big B was overjoyed to see the success of his son Abhishek, shared the post and wrote- 'The word pride fell short'

Abhishek Bachchan is in the news these days for his film 'Be Happy'. The film has been released o

IPL 2023: Big blow to RCB, this English fast bowler out of the whole season, former CSK star got a chance

The team of Royal Challengers Bangalore (RCB) is also struggling to reach the playoffs this seaso

IND vs. BAN Weather: Will rain become the villain in India's last Super Four match? Know how the weather is in Colombo today

The teams of India and Bangladesh will face each other in the Super-Four round today. With this m

Uttarkashi Tunnel: The company will bear the expenses of the Silkyara Tunnel rescue operation, NHIDCL is preparing the details.

Navyuga, the company constructing it, will bear the expenses of the rescue operation to safely ta

Sri Lanka: Crisis on democracy due to lack of funds, issue of postponement of local elections in Sri Lanka heats up

The issue of postponing the local elections in Sri Lanka continues to be a hot topic. Opposition