India–Tanzania Bilateral Trade Crosses $9 Billion
- 02 May 2026
On 29th–30th April 2026, India and Tanzania reaffirmed their commitment to deepening bilateral trade and economic cooperation during the 5th session of the India–Tanzania Joint Trade Committee (JTC) held in Dar es Salaam.
Key Points
- Trade Milestone Achieved: Bilateral trade between India and Tanzania rose to $9.02 billion in 2025–26, up from $8.64 billion in the previous fiscal year.
- 5th Joint Trade Committee Session: The JTC meeting in Dar es Salaam reviewed progress since the previous 2017 session and explored new trade and investment opportunities.
- Trade Facilitation Measures: Both nations discussed local currency settlement mechanisms, easing long-term business visa processes, and resolving tariff and regulatory barriers.
- Sectoral Cooperation: Key sectors identified for expansion included pharmaceuticals, healthcare, mining, agriculture, education, digital infrastructure, and skill development.
- Digital Partnership: India and Tanzania explored cooperation in digital public infrastructure, including India Stack, real-time payments, DigiLocker, and e-commerce frameworks.
- Development Assistance: India’s Lines of Credit exceeding $1.1 billion for Tanzanian water infrastructure projects are expected to benefit over 6 million people across 24 towns.
- Energy and Infrastructure Collaboration: Discussions included renewable energy, natural gas, hybrid power, shipbuilding, railway modernisation, and port development.
- Healthcare Focus: Both sides prioritised telemedicine, oncology partnerships, and collaborative research on malaria, tuberculosis, and HIV/AIDS.
- Agricultural Cooperation: Technology transfer, agro-processing, micro-irrigation, dairy, livestock, and pulse trade were key agricultural priorities.
- Business Engagement: Confederation of Indian Industry (CII)-led business participation highlighted rising private-sector synergy between the two countries.
