Current Affairs

India extends $15 mn assistance to Niger for holding AU summit

India has for the first time extended $15 Million financial support to Niger as a support for organizing the African Union (AU) Summit scheduled to be held in 7-8 July 2019 in Niamey (Capital of Niger).
India extends $15 mn assistance to Niger for holding AU summit
  • This will be the 1st time that Niger will be hosting an AU summit.

Details:

  • India's grant assistance to Niger for organizing the AU Summit will further contribute towards enhancing bilateral ties between the two countries.
  • This grant assistance is also reiteration of India's firm commitment to its developmental partnership with Africa.
  • This is more important at a time when India is competing for influencing the continent with China.

One must know:

  • AU Summit is also expected to launch the historic African Continental Free Trade Area (AfCFTA).
  • The AfCFTA is the largest free trade area in the world in terms of participating countries since the formation of the World Trade Organization (WTO), outlined in African Continental Free Trade Agreement among 52 out of 55 African Union (AU) nations.

Question:

Q. India has for the first time extended $15 Million financial support to which country as a support for organizing the African Union (AU) Summit?
a. Niger
b. Congo
c. Gabon
d. Rwanda
India extends $15 mn assistance to Niger for holding AU summit India extends $15 mn assistance to Niger for holding AU summit Reviewed by Neha on June 22, 2019 Rating: 5

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