India-Africa bilateral trade grew 9.26% in 2022-23: Piyush Goyal

By IANS | Published: June 15, 2023 11:15 PM2023-06-15T23:15:04+5:302023-06-15T23:40:27+5:30

New Delhi, June 15 Bilateral trade of India with Africa grew by 9.26 per cent in 2022-23, reaching ...

India-Africa bilateral trade grew 9.26% in 2022-23: Piyush Goyal | India-Africa bilateral trade grew 9.26% in 2022-23: Piyush Goyal

India-Africa bilateral trade grew 9.26% in 2022-23: Piyush Goyal

New Delhi, June 15 Bilateral trade of India with Africa grew by 9.26 per cent in 2022-23, reaching almost $100 billion, Commerce Minister Piyush Goyal said while addressing the CII-EXIM Bank conclave on "India-Africa Partnership".

Goyal expressed confidence in achieving the goal of doubling bilateral trade to $200 billion by 2030.

"Blessed with demographic dividend, India-Africa partnership can drive the global progress in this century," the minister said further.

Goyal said that the exports and imports were approximately balanced with exports being $51.2 billion and imports being $46.65 billion in 2022-23.

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