DELEGATION OF INDIAN ECONOMIC TRADE ORGANIZATION MEETS AMBASSADOR OF ZIMBABWE FOR BILATERAL DISCUSSIONS
IETO meeting held with the Ambassador of Zimbabwe HE Mr Godfrey Majoni Chipare at the Zimbabwe Embassy in New Delhi to explore possibilities to expand relations between both countries.
The discussion was attended by the IETO Chairman, Dr S. Krishna kumar, IETO President Dr. Asif Iqbal and IETO Director for International Cooperation Mr Mohit Srivastava while from the embassy’s side along with Ambassador Chipare, the trade Attache Lovemore Ncube was present.
Amb. Chipare discussed the key issues of the connection and briefed the IETO’s representation about the past MOUs signed during the visit of the Vice President of India to Zimbabwe and area of further scope. Amb. Chipare invited IETO Chairman, Former Indian Federal Minister, to form a bilateral body India Zimbabwe Trade Council between the two friendly countries to boost ties with domain experts. He explained the key sectors to do business in Zimbabwe with target in mining, agriculture and setting-up of small scale enterprises. Apart from which Amb. Chipare said, “Youngsters in my country are big admirers of Indian Bollywood and thus I would like to invite you to organise connect film industry”, saying so he expressed interest to bond strong the Cultural ties of both countries.
During the meeting it was also proposed to have ‘Bilateral Trade and Investment Treaty’ to be signed to secure possibilities of expanding business relations and to protect interest of Indian investors intending to invest in Zimbabwe. Thus to foster this relationship, it was jointly proposed to establish ‘India Zimbabwe Trade Council (IZTC)’ to consolidate all bilateral activities. To the first of its attempt, the IZTC board would be connecting the Zimbabwe Embassy to the rural areas in India and would be participating in a high level business dinner in the month of October this year to make a grand announcement.