April 11, 2018 8:26 AM

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President Ram Nath Kovind asks Indian diaspora in Zambia to become partners in India's growth

<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">''<div>President Ram Nath Kovind has asked Indian Diaspora in Zambia to become the partner in India's growth and asked them to take advantage of Overseas Citizen of India, OCI programme. He was interacting with the Indian community in Lusaka, Zambia where he reached yesterday in the last leg of his three African nation tour.</div>''<div></div>''<div>President called the expatriates, the cultural ambassador of India. He said Indian investment has created jobs for the locals and Indian community and business netted into the mutual benefits of the people in Zambia.&nbsp;</div>''<div><br />''</div>''<div>Mr Kovind said India is the fastest growing economy in the world and one day it will be a superpower. He invited the expatriates to Rashtrapati Bhawan. President arrived at the Kenneth Kaunda International Airport in Lusaka. He was received by President of Zambia Edgar Chagwa Lungu.</div></div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"><br />''</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">Four MOUs will be signed between the two countries which include, the establishment of Entrepreneurship Development Institute in Zambia, taxation, visa exemption on diplomatic passports and judicial cooperation. The President will also address India-Zambia business forum. Private investment in Zambia by Indian companies currently stands at over 5 Billion US dollars in sectors such as mining, infrastructure, manufacturing and pharmaceuticals.&nbsp;</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"><br />''</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">There has been a steady increase in bilateral trade during last 10 months which stands at 1.2 billion US dollars. Mr Kovind and his Zambian counterpart will also participate in foundation stone laying ceremony of&nbsp; Lusaka city roads de-congestion project which is being implemented with the Indian support.&nbsp;''<div class="yj6qo"></div>''<div class="adL"><br />''</div></div>

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