India Granted USD15 Million to Niger for holding African Union Summit

Prelims level : Bilateral Cooperation Mains level : GS2Q – Bilateral Regional and Global Grouping and agreements involving India and / or affecting India’s Interests
No Set Found with this ID
  • India  has  extended  USD  15  million  assistance  to  Niger  for  organising  the  African  Union (AU) summit scheduled to be held in Niamey from July 7-8.
  • The support of grant assistance was in response to a specific request made by the Niger government.
  • This year, Niger is hosting an AU summit for the first time.
  • In this AU summit, the historic African Continental Free Trade Area (AfCFTA) is likely to be launched.

Background:

  • Bilateral ties between India and Niger have expanded significantly since the opening of the Indian Resident Diplomatic Mission in Niamey in 2009.
  • India has provided Lines of Credit worth USD 96.54 million to Niger for projects in transport, electrification, solar energy, and potable drinking water.
  • India is also establishing the Mahatma Gandhi International Convention Centre (MGICC) in Niamey under grant assistance.
Share Socially