India–Rwanda relations

India-Rwanda relations

India	Rwanda

Indo-Rwandan relations are the foreign relations between the Republic of India and the Republic of Rwanda. India is represented in Rwanda through its Honorary Consulate in Kigali. Rwanda has been operating its High Commission in New Delhi since 1998 and appointed its first resident High Commissioner in 2001.^[1]

Commercial and economic relations

Rwanda sought GOI-supported EXIM Bank Line of Credit for construction of a 27.5 MW hydroelectric project on the Nyabarongo River to be executed by BHEL and Angelique International. A credit of US$ 80 million was approved and effectively been disbursed. The project is on schedule and is likely to be completed by the end of 2012. The main items of Indian exports to Rwanda are pharmaceuticals, vehicles, plastics and machinery. Bilateral trade between the two countries stood at 210 million dollars and have seen a growth of over 350% in the time period between 2005 and 2009.^[2] The Rwandan High Commissioner to India in an event organised by the Indian Council for World Affairs in July 2012 stated that in the year 2011 alone projects by Indian entrepreneurs worth over $US 200 million were registered in Rwanda. He further stated that other projects by Indian entrepreneurs valued at over US$1.0 billion are in the pipeline.^[3]

References

1. "India-Rwanda Relations". Ministry of External Affairs. Retrieved 3 August 2012.
2. "Rwanda-India Further Bilateral Relations". Ministry of Foreign Affairs and Cooperation, Rwanda. Retrieved 3 August 2012.
3. "Rwanda courts India support for UNSC seat". The New Times. Retrieved 3 August 2012.