India extends $200-mn credit lines to Rwanda, announces new diplomatic mission

IANS  |  New Delhi 

has extended lines of credit (LoCs) worth $200 million to as Modi announced that the first Indian diplomatic mission will be opened in the East African nation.

and signed an agreement of $100 million for development of industrial parks and expansion of Special Economic Zones, and a similar amount for an agriculture irrigation scheme in that African nation, following delegation-level talks between Modi and Rwandan on Monday in

Stating that and were looking forward to further elevate their ties, Modi, while addressing the media with Kagame, said: "Today, we signed agreements for $200 million for lines of credit and in the area of training."

Modi reached on Monday evening in the first leg of his three-nation tour of that will also take him to and South

This is the first ever Prime Ministerial visit from India to Rwanda.

Modi also announced that India will open a new in what can be seen as yet another manifestation of India's increasing engagements with

"This will not only facilitate close communication among our governments, it will also help in consular, passport, visa and other facilities," he said.

India's to Rwanda has residence in

In his address, Modi appreciated the steps for peace that have been adopted in Rwanda following the mass genocide in that country in 1994.

Around 500,000 to one million people were killed in the mass genocide against the Tutsi people by the majority of that time.

"For us, it is a matter pride that India is a trusted development partner of Rwanda," Modi said.

"We have been helping Rwanda in capacity building, infrastructure development and ICT," he said.

Following Monday's bilateral talks, the two sides signed eight agreements, including in the areas of defence, agriculture and dairy production, trade and leather and allied sectors.

On his part, Kagame, in his address to the media, said that both sides discussed a range of bilateral, regional and global issues.

He also thanked India for its development aid cooperation with Rwanda.

This is Modi's second visit to mainland Africa after he visited Mozambique, South Africa, and in 2016.

Over the last few years, there has been significant engagement in various fields with African countries. There have been 23 outgoing visits to Africa by the President, Vice and in the last four years.

--IANS

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First Published: Tue, July 24 2018. 01:08 IST