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RWANDA IS READY FOR BUSINESS, KAGAME TELLS INDIAN INVESTORS


President Kagame with Indian Prime Minister Narendra Modi in India, yesterday. The President, who was speaking at the opening ceremony of the 8th Vibrant Gujarat Summit, a global business forum in India, emphasised Rwanda's readiness to discuss and engage in business with investors from all across the world as the country seeks to be a business hub. / Village Urugwiro


President Paul Kagame has emphasised Rwanda’s readiness to discuss and engage in business with investors from all across the world as the country seeks to be a business hub.

The President made the remarks, yesterday, while speaking at the opening ceremony of the 8th Vibrant Gujarat Summit, a global business forum in India.

The Head of State said that Rwanda was ready to engage in business with India and the rest of the world and had gone ahead to put an attractive investment code to the effect.

While positioning itself for business, Kagame noted that Rwanda was part of a wider vibrant region, the East African Community and is involved in regional infrastructure development that have seen it become more appealing to the private sector.

In a rapidly changing world, he noted that Rwanda and Africa in general, have the opportunity to diversify exports to India and the rest of the world beyond traditional exports such as minerals and oil.

He expressed optimism on increased trade between Rwanda and India especially with the launch of direct flights between the two nations with the national carrier RwandAir.

“We look forward to more activities, including the launch of direct flights to Mumbai by RwandAir in a few weeks, which will connect Rwanda to the region,” he said.

Kagame observed that trade and investments between the two countries had grown significantly in recent years but still bear potential for investments, joint ventures and partnerships.

Over the five-year period between 2011 and 2015, bilateral trade between Rwanda and India is valued at $526 million.

Read More: www.newtimes.co.rw/section/article/2017-01-11/207002/



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