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

Where did Tahawwur Rana spend his first night? What has happened to the terrorist since he arrived in India?

Mumbai terror attack mastermind Tahawwur Rana was finally brought to India on Thursday evening. R

Pakistan: Ready to talk to army chief for the betterment of Pakistan- Imran Khan

On one hand, the sword of arrest is hanging on the former Prime Minister of Pakistan and PTI Chie

European countries have softened their opposition to India-Russia relations, now giving importance to increasing bilateral relations

After the Ukraine war, the European countries which had turned a blind eye to the decades-old rel

AUS vs. PAK: What did David Warner do after leaving batting? A repeated feat in ODI cricket after 11 years

Before the start of the ICC World Cup 2023, Australia is facing Pakistan in a warm-up match. Batt

Virat Kohli Birthday: From scoring a half-century of centuries in ODIs to becoming a world champion, know Kohli's records

Former Indian team captain and star batsman Virat Kohli is celebrating his 36th birthday today. K

US: Hearing in the US Parliament regarding China, MPs told Dragon a threat to the existence of the country

Top US lawmakers have described China as a threat to America's existence in the Republican-majori

30 thousand children will be born without a female womb: what is 'baby pod' and how will the newborn be born through it?

In 1999, the Hollywood film 'Matrix' came out, in which it was shown that humans are being prod

Transfer of non-Hindus, ban on political speeches, crowd control by AI..., Tirupati Temple Board took many more big decisions

The first meeting of Tirumala Tirupati Devasthanam (TTD) was concluded recently. In this meeting,

Pankaj Udhas: 'Will always be alive in our hearts...' Shatrughan Sinha expressed grief over the demise of Pankaj Udhas

Pankaj Udhas Passes Away: Famous ghazal singer Pankaj Udhas passed away on Monday 26 February. He

Repo Rate: 68,625 crore burden on MSME and retail customers due to increase in repo rate by 2.25%

An SBI report states that 47 percent of the total borrowers in the country are linked to the loan