India and Burundi signed 3 Major Agreements and issued a Joint Statement

President of the Republic of Burundi visited India from 17 to 19 September 2012. During this visit, India and Burundi signed three agreements-(i) Exchange Programme for Cooperation in the field of Education, (ii) Memorandum of Understanding on Cooperation in the field of Rural Development and (iii) Memorandum of Understanding on Cooperation in the field of Health and Medicine.  Besides, India also announced a Line of Credit of 42.38 million US dollars for Farm Mechanisation and Integrated Food Processing Complex in Burundi.

India and Burundi issued a joint statement on that occasion. The major highlights of the joint statement are as following:
• India and Burundi agreed to further enhance the bilateral cooperation in view of the considerable untapped potential.
• Burundi thanked India for approval of a concessional line of credit of 80 million US dollars for the Kabu – 16 Hydro-electric project.
• Both nations agreed to continue strengthening cooperation in the areas of economy, trade and investment, finance, human resource development, culture, etc. while striving to expand cooperation into other potential areas such as agriculture, food processing, ICT, science & technology, health, mining etc.
• Burundi conveyed its support for India’s candidature for Permanent Membership in an expanded United Nations Security Council.