Mozambique Agriculture Minister Jose Pacheco Tuesday praised India for its “non-interfering stand” while providing lines of credit meant for the development of his country’s agriculture and infrastructure sectors.
“India does not impose anything on us while granting the line of credit. India respects the priorities of our government,” Pacheco said.
“The inflow of lines of credit has helped people in rural areas and now they have access to water and electricity.”
He said the lines of credit received from India were directed at development of energy, infrastructure, roads and agriculture, especially in improving laboratory capacity and seed production,” Pacheco told IANS in an interview.
India had offered credit assistance of $500 million to Mozambique during the state visit of President Amando Guebuza to India in 2010. India has provided Mozambique a total of over $600 million over the last four-five years, out of which 10 percent has gone to agriculture.