He particularly highlighted the concept of Rupee trade as a potential solution, stating, “To address these challenges, we are exploring the concept of Rupee trade.”
Tata underlined the importance of building mutual trust between financial institutions in India and Africa, stressing that this would pave the way for broader private-sector participation.
“Our goal is to build mutual trust between our (India and Africa) financial institutions and expand private sector participation, thereby facilitating the implementation of innovative financial solutions,” he added.
Tata further articulated India’s long-term vision of strengthening its economic partnerships within multilateral frameworks like the African Continental Free Trade Area (AfCFTA).
Bu hikaye The Business Guardian dergisinin August 22, 2024 sayısından alınmıştır.
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Bu hikaye The Business Guardian dergisinin August 22, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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