International Finance
In the News

Narendra Modi and Cyril Ramaphosa meet to strengthen bilateral ties

South Africa, India, Prime Minister Narendra Modi, President Cyril Ramaphosa, MoU, Memorandum of Understanding, bilateral ties, trade, investment, agriculture, food processing, IT, defence, Gandhi-Mandela Centre of specialisation, agricultural research, education
“Saluting the enduring legacy of Mahatma and Mandela! Prime Minister Narendra Modi and South African President Cyril Ramaphosa jointly released a stamp commemorating the two iconic personalities," tweeted External Affairs Ministry spokesperson Raveesh Kumar

India’s Prime Minister Narendra Modi met South African President Cyril Ramaphosa to discuss matters on bilateral ties across sectors including trade and investment, information technology and defence.

External Affairs Ministry spokesperson Raveesh Kumar  said: “Prime Minister Narendra Modi and President Cyril Ramaphosa discussed expansion of our relationship in trade and investment, agriculture and food processing, IT, defence and people-to-people contacts.”

Three Memorandums of Understanding (MoUs) were signed after the meeting. According to The Hindu, the MoUs are based on “on cooperation in exploration and use of outer space for peaceful purposes, the setting up of a Gandhi-Mandela Centre of specialisation for artisan skills, and agricultural research and education.”

Raveesh Kumar said in a tweet: “Kicking off a series of bilateral meetings on the sidelines of BRICS! PM Narendra Modi meets the host South African President Cyril Ramaphosa.”

During the meeting, President Ramaphosa  exclaimed that “India-South Africa relations may be new in terms of re-establishment of diplomatic relations but are in fact very deep-rooted in history.” This year, India and South Africa are celebrating 21 years of strategic partnership. “India and South Africa are proud inheritors of legacies of Mahatma Gandhi and Nelson Mandela,” Kumar added.

What's New

Blockchain technology is vital to Smart Dubai implementation

International Finance

Citi, Goldman Sachs, HSBC and Samba likely to be part of Aramco IPO

International Finance Desk

Tesla sued by Walmart over faulty solar panels

International Finance Desk

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.