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President Kovind offers assistance to set up Entrepreneurial Development Centre in Equatorial Guinea

Updated: Apr 09, 2018 06:04:18am
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President Kovind offers assistance to set up Entrepreneurial Development Centre in Equatorial Guinea

New Delhi, Apr 9 (KNN) Eyeing at strengthening the relations between India and Equatorial Guinea, the President of India Ram Nath Kovind who is on a state visit said that India is willing to offer assistance to set up Entrepreneurial development centre in the African country.

“India is keen to enhance its development cooperation partnership with Equatorial Guinea. It is in that spirit India has offered assistance to set up an Entrepreneurial Development Centre and an English Language Laboratory in Equatorial Guinea. It will also do its best to support Equatorial Guinea in agriculture, mining, health, telecommunications and Information Technology”, the President said.

Kovind’s visit to Equatorial Guinea is the first ever visit of a Head of State from India to the country. Earlier in the day, The President was received at the Malabo airport by Teodoro Obiang Nguema Mbasogo, the President of Equatorial Guinea, along with his cabinet colleagues and other dignitaries.

President Kovind in his official remarks appreciated President Obiang on Equatorial Guinea achieving the highest per capita GDP for any country in the African continent. He stated that India is ready to partner Equatorial Guinea which is diversifying its economy and reducing its dependence on oil and gas exports.

Making a case for acceleration of relations, President said that India and Equatorial Guinea have complementing interests.

“Equatorial Guinea is endowed with hydrocarbons and mineral resources, and India with human and financial capital and low-cost technical expertise. The full potential of our bilateral engagement is far from realised. India looks forward to partnering with Equatorial Guinea in facilitating government-to-government development cooperation as well as business-to-business contacts”, an official release said. (With PIB Inputs) (KNN/DA)

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