THE PRIEST

During first summit in 2008 in Delhi a “Delhi Declaration” was adopted for enhanced cooperation . It has been decided to enhance our partnership with new initiatives for the mutual benefit of Africa and India, In recent years, this has included substantial financial flows from India to Africa in terms of grants, Foreign Direct Investment (FDI) and concessional loans that continue to contribute to capacity building in the socio-economic sectors, particularly in the human resource development, the development of the private sector, increasing support to infrastructure, agriculture and SMEs, leading to a substantial expansion of Indian investment in Africa and of trade between Africa and India. Climate change Developed countries have been urged to take steps towards reducing the green house gas effect . Stressing upon the importance of Bali action plan 2007 , the declaration appealed to the developed counties to operationalise all the institutional arrangements included in the Ca...