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04/02/2014 08:02pm

India, Zimbabwe to cooperate in pharma, health, infra & SME sectors

image India, Zimbabwe to cooperate in pharma, health, infra & SME sectors
New Delhi, Feb 4 (KNN) India and Zimbabwe will enhance their cooperation in the priority sectors of pharmaceuticals, infrastructure, health sector, small and medium industries.

This was agreed during a bilateral meeting between Commerce and Industry Minister Anand Sharma and Zimbabwe’s Vice President Joice Mujuru and Industry and Commerce Minister Michael Bimha in Harare yesterday.

During the discussion, it was decided to speed up the implementation of various projects being executed under the India-Africa Forum Summit Programme, which include a food testing laboratory, a rural training park and a vocational training centre.

India is mulling the setting up of a USD 2 million food testing laboratory in Zimbabwe under the India-Africa Forum Summit-II.  The country is in the process of setting up Rural Technology Park and a Vocational Training Centre (VTC) or Incubation Centre, it said.

Sharma offered to organize a special dedicated programme to train the Zimbabwean Government officials and private sector executives in international trade.

Expressing India’s commitment to deepen and diversify trade and investment ties between the two countries, he offered India’s full assistance in implementing the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (ZIMASSET) programme in the areas of infrastructure, agriculture, food production, mining, capacity development.

India exports drugs, pharmaceuticals and chemicals, machinery and instruments, electronic goods and plastic and linoleum products as major commodities to Zimbabwe.
On the other hand, Zimbabwe exports cotton, tea, non-ferrous metals and spices to India as principal commodities. (KNN/ST)
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