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Botswana to benefit from Indian expertise
21/07/10
Botswana to benefit from Indian expertise

GABORONE - Botswana has found the Indian business environment compatible and seeks to benefit from expertise in areas such as information technology, health care, transport and education.

Assistant Minister of Trade and Industry, Mr Maxwell Motowane said this during a business meeting between BEDIA and a delegation from the Confederation of Indian Industry (CII) in Gaborone on recently. Mr Motowane paid tribute to businesses from both countries for continuing to explore business opportunities for better markets in the face of serious economic challenges. He mentioned that the repeated business engagements between BEDIA and the Indian private sector resulted in the holding of the workshop.

These engagements, he highlighted, bore testimony to the importance Botswana attached to India as a meaningful development partner.

He urged representatives of different sectors to share with the visiting delegation information on the investment climate in Botswana and give motivation as to why they should consider investing in the country. Botswana and India, he noted, shared cordial bilateral relations and explained that what has been lacking was regular interaction between the officials in the trade and business sectors.

However, he said he was pleased to note that BEDIA recently opened a representative office in Mumbai, which would be a one stop centre for information regarding business and investment opportunities.

The two chambers of commerce, he hastened to say, should collaborate to share trade intelligence, through the exchange of visits that could increase trade and investment volumes between the two countries.

He urged the Indian investors to take advantage of the many investment opportunities in Botswana and Batswana in turn take advantage of the well established markets in India. Government, he highlighted, continued to review policies geared not only towards attracting quality foreign investment to Botswana but also towards retaining the investors.

This, he noted, was critical for a young and developing economy competing for the same pool of investors with many industrialised countries. Botswana, he mentioned, has taken a deliberate stance of placing a high national priority on creating a modern infrastructure for facilitating continued socio-economic growth through a strong partnership with the private sector.

For his part, the leader of the business delegation of CII, Mr Arun Mull encouraged the two business delegations to step up economic relations explaining that India recently focused attention towards industries in Southern Africa.

He said he was happy that Botswana wanted to build firm economic relations with India.

\This, he noted, would be a step in the right direction as the two governments have signed agreements covering health and information technology.

Furthermore, he explained that the Indian business community had identified Botswana as a destination for business process outsourcing. BOPA

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