Embassy of India
Conakry
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India-Guinea Bilateral Relations
Relations between India and Republic of Guinea have been cordial and friendly. India had opened an Embassy in Conakry earlier but closed in 1988 after more than 2 decades. Guinea opened its Embassy in New Delhi in April 2012. Subsequent to the Cabinet approval for opening of 18 new Missions in Africa by 2021, India opened its Embassy in Guinea in 2019. India has extended developmental assistance under various schemes to Guinea over the years. Guinea too has been very supportive of India’s line on various International issues and candidates at multilateral International bodies. The Government of Guinea acknowledges India’s contribution and increasingly looks forward to further strengthening its relationship with India. Bilateral relations between India and Guinea are strengthening continuously.
Bilateral Agreements between India and Guinea:
i) MoU on Foreign Office Consultations (2014)
ii) Establishment of Joint Commission between the Foreign Ministries of India and Guinea (2014)
iii) MoU on Co-operation in the Field of Traditional System of Medicine and Homeopathy (August 2019)
iv) MoU on Co-operation in the Field of Renewable Energy (August 2019)
v) MoU for participation in the e-VBAB Network Project (Technology Up-gradation of Pan Africa e-Network Project (August 2019)
Bilateral visits:
Major visits from India to Guinea:
ii. The Hon’ble President of India, Shri Ram Nath Kovind accompanied by Shri Pratap Chandra Sarangi, MoS for Micro, Small and Medium Enterprises and Animal Husbandry, Dairying and Fisheries and Shri Dilip Gosh, MP, Lok Sabha paid a State visit to Guinea from 1-3 August 2019. During the President’s visit to Guinea, following three MoUs were signed in Conakry on 2 August 2019:
S.N |
TITLE |
DATE OF SIGNATURE |
COUNTRY |
MINISTRY |
1. |
MoU on Co-operation in the Field of Traditional System of Medicine and Homeopathy |
02.08.2019 |
Ministry of Health, Republic of Guinea |
Ministry of AYUSH |
2. |
On the Co-operation in the Field of Renewable Energy |
02.08.2019 |
Ministry of Energy, Republic of Guinea |
Ministry of New and Renewable Energy |
3. |
MoU for participation in the e-VBAB Network Project (Technology Up-gradation of Pan Africa e-Network Project |
02.08.2019 |
Higher Education, Republic of Guinea, |
Telecommunications Consultants India Limited (TCIL) |
The major visits from Guinea to India:
Trade and Commerce:
The overall bilateral trade between India and Guinea has been on the rise, though there is no clear trend visible. Major Indian exports include rice, cereals, engineering goods, drugs & pharmaceuticals, textile, transport equipment, paints/chemicals, iron & steel, and construction equipment. Major Indian imports include gold, pearls/stones/jewelry, mineral fuels & bitumen, cashew, scrap metals, aluminum, etc.
Bilateral trade statistics during the last five years are as follows:
Year |
Exports |
Imports |
Total (In million US$) |
2019-2020 |
354.82 |
416.3 |
771.12 |
2020-2021 |
501.77 |
1,631.02 |
2132.79 |
2021-2022 |
561.53 |
3,616.56 |
4,178.09 |
2022-2023 |
631.93 |
2082.84 |
2,714.77 |
2023-2024 |
696.48 |
1385.72 |
2082.20 |
Investment of Indian Companies in Guinea
The Indian community in Guinea comprises around 1440 persons amongst whom 791 people have registered themselves with the Embassy. There is no major investment by the Government of India or by any big companies from India in this country. However, a few Indians have established manufacturing facilities in Guinea. Due to Innumerable challenges and unfavorable environment/ecosystem for carrying out business, only a few resilient small private companies viz. Topaz Group of Companies, Jaguar Industries, Odhav Multi Industries, M/s Volta Impex, Ashapura Mining, Dynamic Mining, Bombay Industries, Diamond Cements, Goldmine Global Medicare Pvt ltd etc. have invested in Guinea. These are mainly involved in mining sector and import/export of goods such as automobiles, textiles, food products, sanitary items, cookware, soaps and detergents, cashews etc. From the statistical point of view, there is a great scope of business opportunities in Guinea in varied sectors including mining, agriculture, retail/wholesale trade etc. The Mission has been assisting a many other prominent Indian entrepreneurs who have approached the Embassy of India, Conakry seeking ministerial level meetings to establish their businesses in Guinea.
Development Partnership:
India has been supporting Guinea’s development by providing assistance in developmental projects through concessional lines of credit (LoC) and grants. Government of India has extended the following Lines of Credit (LoCs) to the Government of the Republic of Guinea:
i) LOC of US $ 35 million: The LOC was extended to the Government of the Republic of
Guinea on 11 March 2014 for strengthening of health system in Guinea.
ii) LOC of US $ 20.506 million: This is an additional funding to the LoC of US $ 35 million
extended on 12 June 2020 for construction and upgradation of regional hospitals in Kankan and Nzerekore.
iii) LOC of US $ 170 million: The Government of India had extended a Line of Credit (LoC) of US $ 170 million to the Government of the Republic of Guinea on 13 November 2019 for financing the project for strengthening the drinking water supply of Grand Conakry-Horizon 2040. On 20 October 2023 Ministry has conveyed approval of GoI on the DPR at an estimated cost of US $ 168.767 million for the components to be financed under GoI-LoC of US $ 170 million extended to Guinea.
iv) LOC of US $ 20.22 million: The LoC agreement was extended on 7 November 2019 for the following two solar projects, signed on 5 December 2019:
a) Solar project for supply of Electricity and Drinking Water for 7 public universities in Guinea at a cost of US $ 14.40 million.
b) Solar Project for electrification and refrigeration in 200 health infrastructures in Guinea at a cost of US $ 5.82 million.
Apart from the above LoCs, Government of India had also accepted the proposal from the Guinean Government to extend GOIs technical and financial support for construction of five regional airports in the interior of the Republic of Guinea and construction of a Convention Center in Conakry at an estimated cost of US $ 250 million. The Government of the Guinea was requested to re-submit its proposal in the form of LOC.
Humanitarian Aids/Donations:
Capacity Building/Scholarships from India
i) Defence ITEC: The Ministry has allocated two slots to Republic of Guinea for training of Defence Personnel from foreign countries in India under Defence ITEC Programme of the Ministry.
ii) Civilian ITEC: The Ministry has allocated 40 Civilian ITEC slots to the Republic of Guinea.
Cultural Relations:
In February 2013, ICCR sponsored 8-member cultural troupe from Guinea to participate in Suraj Kund Art and Craft Mela. ICCR paid for their airfare and all local expenditure during their 15 days stay in India. A Folk-Dance Troupe from Arunachal Pradesh visited Guinea and gave a performance in Conakry on 27 October 2017. This was the first ever visit by any cultural troupe from India.
Indian Community:
The influx of Indian entrepreneurs into Guinea commenced in the early nineties. The number of Indian community in Guinea is estimated to be 1440 amongst whom 791 people have registered themselves with the Embassy. They are mainly involved in import retail business such as automobiles, textiles, food products, sanitary items, cookware, soaps and detergents cashews etc and in mining, power, steel, cement, pharmaceuticals and agro industry sectors. There is no known social organization/association of the sparse Indian community in Guinea.
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October 2024