India stood by Madagascar and will continue to work for Sagar Vision: Jaishankar
8 September, 2022 | Simran Turak
The Indian Ambassador Abhay Kumar presented 5,000 tonnes of grains to Antananarivo while stating that India has always supported Madagascar and will continue to support the SAGAR vision. The Extern...
The Indian Ambassador Abhay Kumar presented 5,000 tonnes of grains to Antananarivo while stating that India has always supported Madagascar and will continue to support the SAGAR vision.
The External Affairs Minister said on Twitter that India will keep pushing for the SAGAR (Security and Growth for All in the Region) goal of a stable and prosperous Indo-Pacific.
“India has always stood with Madagascar, our Indian Ocean neighbour. Will continue to work for our SAGAR vision for a secure and prosperous Indo-Pacific,” he said in a tweet.
Earlier, at the Presidential Palace in Antananarivo, President Andry Rajoelina of Madagascar received 5000 tonnes of rice from Indian Ambassador Abhay Kumar.
The Indian Embassy in Antananarivo, Madagascar, and the Comoros posted the following on Twitter: “Ambassador Abhay Kumar presented 5000 tonnes of rice to H.E. Andry Rajoelina, Hon’ble President of Madagascar today at a donation ceremony held at the Presidential Palace in Antananarivo. President @SE_Rajoelina thanked the Govt. and the people of India for the generous donation.”
Madagascar and India have cordial bilateral ties. Madagascar generally backs India’s bid for membership in international fora. It has adhered to the African Union position on divisive matters like UNSC changes.
Aside from the UNSC, Madagascar has continuously backed India’s bids in recent years for membership in a number of international organisations, including the Djibouti Code of Conduct, the Indian Ocean Commission, and the UNSC non-permanent seat (2021–2022).
Madagascar is a beneficiary of India’s Duty-Free Preferential Tariff Scheme because it is a Least Developed Country. Cereals, bituminous materials, mineral waxes, pharmaceutical items, cotton, sugars and sugar confections are among the main exports from India to Madagascar, along with mineral fuels, mineral oils, and products derived from their distillation. Coffee, tea, mate, spices, essential oils and resinoids, perfumery products, cosmetics, and toiletries, salt, sulphur, earth and stone, plastering supplies, lime, and cement, edible crops, as well as certain roots and tubers, are the main goods that Madagascar exports to India.
Indian businesses have made significant investments in the mining, oil and gas, communications, and health industries. In the mobile phone industry, Airtel dominates, and Aggarwal’s Eye Hospital dominates the healthcare industry. In June 2010, Airtel acquired the mobile and internet business of Zain Madagascar. In December 2015, Tirupati Carbons & Chemicals (P) Ltd received approval to build a graphite processing factory in Brickaville. In March 2019, they began operating. In the mining industry, Tata Sons Ltd. has also made a small stake.