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India is Nigeria's leading investor, with a investment base of about $20 billion. [11] India is the fifth largest investor in Africa with cumulative investment of USD 70.7 billion. [12] India is also the third largest trading partner of Africa after China and USA. India accounts for 6.4% of total African trade. [13]
The rise of Communist China in 1949 and the subsequent invasion of Tibet heightened security concerns in both India and Nepal. [7] India had maintained good relations with Tibet, but the Rana rulers of Nepal feared that China would support the Communist Party of Nepal and sponsor a communist revolution that would overthrow their autocratic ...
The foundation of relations between India and Nepal was laid with the Indo-Nepalese friendship Treaty in 1950. In the 1950s, the Rana rulers of the Kingdom of Nepal welcomed close relations with the newly independent India, fearing a China-backed communist overthrow of their autocratic regime after the success of Communist revolution in China and establishment of CCP government on October 1, 1949.
India: See India–Nigeria relations. The bilateral relations between the Republic of India and the Federal Republic of Nigeria have considerably expanded in recent years with both nations building strategic and commercial ties. Nigeria supplies 20% of India's crude oil needs and is India's largest trading partner in Africa.
Modi arrived for a two-day visit to Nepal on 3 August. The last visit of an Indian prime minister to Nepal was 17 years ago in 1997 by Inder Kumar Gujral. [2] The talks with Nepal were focused on reviewing the 1950s Treaty of Peace and Friendship, India-funded hydroelectricity projects in Nepal and other infrastructure projects in Nepal. [3]
The last visit by a foreign minister of India to Nepal was made 23 years before this. [9] Later the two sides signed the much awaited Indo-Nepal power trade agreement (PTA) which could not get signed earlier during Modi's visit due to technical problem in the draft agreement. This will allow Indian private and public sector investment in hydro ...
However, the relationship between Nepal and India was significantly hampered by the 2015 Nepal blockade when the Government of Nepal accused India of mimicking "Russia-Ukraine" tactics by using ethnically Indian residents of Nepal to cause unrest along Nepal's southern border. India denied the allegation the unrest were an internal affair. [2]
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