PM Modi announces $200 mn for modernisation of Angolan armed forces
Prime Minister Narendra Modi announced a USD 200 million defence credit line for Angola to bolster its defence capabilities. During talks with Angolan President Joao Manuel Goncalves Laurenco, both leaders committed to strengthening bilateral ties...

In his media statement, the prime minister said Laurenco's visit to India not only gives a new direction to the bilateral relations but also strengthens the India-Africa partnership.
"I am pleased to announce India's USD 200 million defence credit line to support modernisation of Angola's defence forces," he said.
The prime minister also said that there was a discussion on repair, overhaul and supply of defence platforms as well.
India will also share its capabilities with Angola in the areas of digital public infrastructure, space technology and capacity building, Modi said. "We have also decided to further strengthen our relations in areas of healthcare, diamond processing, fertiliser and critical minerals."
The prime minister also said, "We are committed to taking firm and decisive action against terrorists and those who support them."
Highlighting the importance of ties between India and the African Union, he said, "We are partners in progress, We are pillars of the Global South."
Laurenco arrived in Delhi on Thursday on a four-day trip.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.