India signs trade cooperation pact with Zambia to boost cooperative exports

India and Zambia signed a memorandum of understanding (MoU) on July 18 to promote cooperatives and facilitate trade alliances between the two nations. Union Home Minister and Minister of Cooperation, Mr. Amit Shah, informed the Lok Sabha that the Cooperation Ministry is working to strengthen India's cooperative export ecosystem through Indian missions abroad. The ministry is using Indian missions to provide market information to the National Cooperative Exports Ltd (NCEL) and connect it with importers in specific countries. These efforts are part of a broader strategy to boost cooperative exports. In addition to the pact with Zambia, NCEL has also signed MoUs with entities based in Senegal and Indonesia, specifically Sinton Vantage Trading and PT Sinton Surini Nusantara, respectively.

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