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Indian vice president calls for enhanced trade with Rwanda

Xinhua, February 22, 2017 Adjust font size:

Indian Vice President Shri Hamid Ansari on Tuesday said more could be done to enhance trade with Rwanda while encouraging Indian companies to seize opportunities that Rwanda presents.

"Rwanda has a dynamic economy and ranks highly in the ease of doing business, providing many incentives for investors. We share with Rwanda this strong desire to provide stable democratic governance and opportunities for growth and prosperity of our people," Ansari said.

He made the comments while addressing Rwandan students at the University of Rwanda's College of Science and Technology on Tuesday.

Over the last six years, a total of 66 Indian-owned projects were registered in Rwanda valued at about 317.5 million U.S. dollars, according to Rwanda Development Board.

India has also pledged 50,000 scholarships for Africans in the next five years.

Ansari arrived in Kigali on Sunday, heading a delegation of 27 people.

Rwanda and India signed three agreements on Monday, the second day of Ansari's visit to the east African nation.

The agreements include a bilateral air service agreement, a Memorandum of Understanding on the establishment of an Entrepreneurship Development Centre in Rwanda as well as one on the exemption of visa requirements for diplomatic and service passport holders. Endit