New Delhi [India]Sep 08 (ANI): India has always stood by Madagascar and will continue to work for the SAGAR vision, External Affairs Minister S Jaishankar said as Indian Ambassador Abhay Kumar donated 5,000 tons of rice in Antananarivo.
Taking to Twitter, the External Affairs Minister said India will continue to work towards the vision of Security and Growth for All in the Region (SAGAR) for a secure and prosperous Indo-Pacific.
“India has always stood alongside Madagascar, our Indian Ocean neighbour. Will continue to work for our SAGAR vision for a safe and prosperous Indo-Pacific,” he said in a tweet.
Earlier, India’s Ambassador to Madagascar, Abhay Kumar, presented 5,000 tonnes of rice to Madagascan President Andry Rajoelina at the presidential palace in Antananarivo.
Taking to Twitter, the Indian Embassy in Antananarivo, Madagascar and Comoros said, “Ambassador Abhay Kumar today presented 5,000 tons of rice to HE Andry Rajoelina, Honorable President of Madagascar during a donation ceremony held at the presidential palace in Antananarivo. President @SE_Rajoelina thanked the government. and the people of India for this generous donation.
India and Madagascar enjoy cordial bilateral relations. Madagascar generally supports India’s candidacy in multinational forums. On contentious issues, such as UNSC reforms, he toed the line of the African Union.
In addition to the United Nations Security Council, Madagascar has always supported in the recent past India’s candidacy for various international organizations such as the non-permanent seat of the United Nations Security Council (2021-2022), the entry of India as an observer to the Indian Ocean Commission, India’s proposal to become an observer to the Djibouti Code of Conduct among others.
As a least developed country, Madagascar benefits from India’s preferential duty-free tariff regime. The main products exported by India to Madagascar are cereals; mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes; pharmaceutical products; cotton; sugars and sweets. The main products imported by India from Madagascar are coffee, tea, maté and spices; essential oils and resinoids, perfumery, cosmetics or toiletries, salt, sulphur, earth and stone, plasters, lime and cements; edible vegetables and some roots and tubers.
Regarding investment, Indian companies have made significant investments in the mining, oil and gas, telecommunications and healthcare sectors. Airtel is the leading player in mobile telephony and Aggarwal’s Eye Hospital in the healthcare sector. Airtel purchased mobile and internet service from Zain Madagascar in June 2010. Tirupati Carbons & Chemicals (P) Ltd was granted a license to set up a graphite processing facility in Brickaville in December 2015 and they began operations in March 2019. Tata Sons Ltd also made a minor investment in the mining sector. (ANI)
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