India-Africa Forum Summit to be held late May: India is Africa's 4th largest trading partner

India is set to host the fourth India-Africa Forum Summit (IAFS-IV) in New Delhi from May 28-31, a crucial gathering designed to deepen the already robust and historic ties between the two continents. This event underscores India's commitment to a partnership based on mutual respect and shared development goals, as articulated by H.E. Ms. Swati Vijay Kulkarni, the Indian Ambassador to Algeria.

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relations are qualified as 'deeply rooted and historical'.

The summit's agenda is structured to facilitate high-level discussions, starting with senior officials on May 28, followed by foreign ministers on May 29, and culminating with heads of state and government on May 31. A key outcome expected is the adoption of the New Delhi Declaration, which will formalize a partnership that prioritizes capacity building, local opportunity creation, technology transfer, and advancements in education, agriculture, and health.

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key partner

Economically, India stands as Africa's fourth-largest trading partner, with bilateral trade surpassing $100 billion and cumulative investments exceeding $80 billion. India's role in facilitating the African Union's permanent membership in the G20 highlights its dedication to empowering African nations on the global stage. The summit will also feature a significant business dialogue and exhibition, encouraging participation from Algerian chambers of commerce and industry, further cementing the economic cooperation that benefits both regions.

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based on a solid partnership and a commitment to every man, woman and child in Africa.