Malawi seeks Indian help in 'greenbelt initiative'

Inspired by India’s “Green Revolution”, Malawi has sought Indian assistance in its “Greenbelt initiative” aimed at raising agricultural output. The southeast African nation is looking to India to tap its huge uranium deposits. Malawi is also negotiating to sign Double Taxation as well as Investment Promotion and Protection agreements with India. Malawi, a country of 14 million people, one of the world’s most densely populated nations, is mainly dependent on rain-fed agriculture but the recent climatic changes has affected its production. The “Greenbelt initiative” has been brought about by the Malawian government to counter climatic unpredictability. India and US joint projects discussed during US President Obama’s visit also sees great agricultural opportunities in Sub—Saharan Africa. India and Malawi will exceed the two-way trade target of $300 million within three years. India—Malawi bilateral trade at present is $185 million.