Despite very low trade between India and Mauritania, New Delhi has approved letters of credit worth $65.68 million for a solar-diesel hybrid rural electrification project in the north African country, the Embassy of Mali, which is also accredited to the country, has said.
The aid, which is in line with India’s policy of assisting African countries, has also another two lines of credit — $15 million for developing agro-industries and $6.8 million to support a drinking water project. Read more
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