PM Modi’s Strategic Push For Energy And Resources: Key Deals In Ghana, Trinidad, And Namibia
Prime Minister Narendra Modi is on a five-country visit. His first stop was Ghana, where he signed major agreements. Some key deals to watch include LNG contracts from Trinidad and Tobago, uranium and critical mineral deals from Namibia, and positioning Indian fintech and services to enter West Africa through Ghana. The tour will then move to Argentina and Brazil, but more on that later. The Ghana leg of the trip has already concluded, and the Prime Minister is now en route to Trinidad and Tobago in the Caribbean.
Each nation, before landing on the Latin American mainland, holds significant importance.
Prime Minister Modi’s visit to Ghana, the first by an Indian premier in over three decades, represents a calculated move to establish a strategic beachhead in West Africa. The agreements inked in Accra are foundational, aiming to position India not merely as a trading partner but as an indispensable force in the region’s digital and developmental future. Ghana is being cultivated as a crucial launchpad for Indian commercial and technological influence into the wider Economic Community of West African States (ECOWAS).
The immediate deliverables are clear. Four Memoranda of Understanding (MoUs) covering culture, standards, traditional medicine, and a Joint Commission lay the institutional groundwork for deeper engagement. More significantly, however, is the stated ambition to double bilateral trade from its current level of approximately USD 3 billion within five years.
........© News18
