Africa, India vow to strengthen cooperation in security, economy

09:29, May 26, 2011      

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India and Africa on Wednesday pledged to further strengthen their cooperation in regional and global peace and security, as well as economic and trade areas.

The overture was made by the two neighbors across the Indian Ocean in a deceleration at the 2nd Africa-India Forum Summit.

According to the Addis Ababa Declaration, India and Africa will further strengthen international cooperation to combat global terrorism.

"We strongly condemn the kidnapping and hostage taking as well as the demands for ransom and political concessions by terrorist groups," the 32-point declaration said.

India and Africa also decided to cooperate in combating and eradicating the menace of piracy, as Africa said it welcomes India' s support to safeguard shipping in the Gulf of Aden, Arabian Sea and the Indian Ocean from piracy.

In the fields of economic cooperation, the two sides underline the importance of supporting stable, long-term capital flows to developing countries to stimulate investment, especially in infrastructure.

The declaration, along with the Framework of Enhanced Cooperation, was adopted on Wednesday at the conclusion of the two- day summit.

Source: Xinhua
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