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India and Tanzania have a bilateral trade of $6.4 billion. Tanzania majorly imports spices, cashew nuts, avocado and pigeon peas, among other agri products from India. ....
External Affairs Minister S Jaishankar on Saturday said that India and Tanzania have started trade settlements in local currencies and this new initiative will help in promoting commerce between the two countries. Addressing industry leaders at a function, the minister said India-Tanzania bilateral trade has seen very strong growth, and stood at USD 6.4 billion in 2022-23. ....