Hyderabad, Oct 28 (KNN) A branch of India- Common Market for Eastern and Southern Africa (COMESA) Trade Council has been set up in Hyderabad.

Ambassadors of Ethiopia, Malawi, Djibouti, Zimbabwe, Madagascar and Sudan were present at the launch. 

The council office is expected to play a key role in helping bolster trade and business ties between Telangana and the COMESA which has 21 African countries as members. 

Speaking on the occasion, Chairman of India-COMESA Trade Council A.V.N .Reddy highlighted the opportunities and pledged to push up for a COMESA Park in the State to enable African businessmen to collaborate with Indian business groups. 

To explore the various opportunities in agriculture and mining sector a business delegation from the State will be visiting the COMESA region.

Chairman Of India Africa Trade Council Asif Iqbal said the delegation during the visit in February will explore opportunities in areas of contractual farming, poultry industry, meat processing, gold trade and agricultural collaborations and also identify other opportunities for building up robust infrastructure.

Iqbal further spoke about the huge interest in India for COMESA countries for bilateral trading opportunities in IT sector, skill development, affordable housing etc. (KNN Bureau)