09-10-2023 04:15 PM | Source: Reuters
India discussing local currency trade with Tanzania

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

India is discussing trade in local currencies with Tanzania, a foreign ministry official said on Monday adding that New Delhi has pushed for trade in rupees.

Tanzania has also sought additional lines of credit from India in defence and other sectors, above the $1.1 billion offered by India previously, Dammu Ravi, a secretary at the foreign ministry, told reporters at a briefing on the visit of Tanzanian President Samia Suluhu Hassan to India.