Bharatpedia

India–Sierra Leone relations: Difference between revisions

Article Talk

India–Sierra Leone relations (edit)

Revision as of 05:23, 25 July 2021

119 bytes removed ,  25 July 2021
m
→‎top: Task 30, removal of a template duplicated in an infobox, per this discussion
>Place Clichy
 
imported>PrimeBOT
m (→‎top: Task 30, removal of a template duplicated in an infobox, per this discussion)
Line 1: Line 1:
{{Short description|1=Diplomatic relations between the Republic of India and the Republic of Sierra Leone}}
{{Infobox bilateral relations|India – Sierra Leone|India|Sierra Leone}}
{{Infobox bilateral relations|India – Sierra Leone|India|Sierra Leone}}


Line 12: Line 11:
Bilateral trade between India and Sierra Leone totaled US$124.58 million in 2013–14. India was the among the top 5 exporters to Sierra Leone in 2012, and exported $100.99 million worth of goods to the country in 2013–14. Trade witnessed a decline in the following years due to the effect of the ebola outbreak on economic activity in Sierra Leone. Bilateral trade stood at $82.99 million in 2014-15 and $107.73 million in 2015–16. India exported $80.40 million worth of goods to Sierra Leone, and imported $2.59 million in 2014–15.<ref name="HCIrelations"/><ref name="MEA">{{cite web|title=India - Sierra Leone Relations|url=http://www.mea.gov.in/Portal/ForeignRelation/Sierra_Leone_Feb_2016.pdf|website=Ministry of External Affairs|access-date=9 April 2017|date=February 2016}}</ref><ref>{{cite web|title=Fact Sheet on Sierra Leone|url=http://www.indiahc-ghana.com/pages.php?id=68|website=High Commission of India, Accra|access-date=9 April 2017}}</ref> The main commodities exported by India to Sierra Leone are drugs and pharmaceuticals, textiles, eggs, and machine tools. The major commodities imported by India from Sierra Leone are ferrous waste and scrap, wood pulp, waste paper and small quantities of titanium ores.<ref name="HCIrelations" />
Bilateral trade between India and Sierra Leone totaled US$124.58 million in 2013–14. India was the among the top 5 exporters to Sierra Leone in 2012, and exported $100.99 million worth of goods to the country in 2013–14. Trade witnessed a decline in the following years due to the effect of the ebola outbreak on economic activity in Sierra Leone. Bilateral trade stood at $82.99 million in 2014-15 and $107.73 million in 2015–16. India exported $80.40 million worth of goods to Sierra Leone, and imported $2.59 million in 2014–15.<ref name="HCIrelations"/><ref name="MEA">{{cite web|title=India - Sierra Leone Relations|url=http://www.mea.gov.in/Portal/ForeignRelation/Sierra_Leone_Feb_2016.pdf|website=Ministry of External Affairs|access-date=9 April 2017|date=February 2016}}</ref><ref>{{cite web|title=Fact Sheet on Sierra Leone|url=http://www.indiahc-ghana.com/pages.php?id=68|website=High Commission of India, Accra|access-date=9 April 2017}}</ref> The main commodities exported by India to Sierra Leone are drugs and pharmaceuticals, textiles, eggs, and machine tools. The major commodities imported by India from Sierra Leone are ferrous waste and scrap, wood pulp, waste paper and small quantities of titanium ores.<ref name="HCIrelations" />


In June 2010, [[Bharti Airtel]] struck a deal to buy [[Zain Group|Zain]]'s mobile operations in 15 African countries, including Sierra Leone, for $8.97&nbsp;billion, in India's second biggest overseas acquisition after Tata Steel's US$13&nbsp;billion buy of Corus in 2007. Bharti Airtel completed the acquisition on 8 June 2010.<ref>{{cite web|url=https://www.reuters.com/article/2010/06/08/us-zain-bharti-idUSTRE6570VJ20100608|title=Bharti closes $9 billion Zain Africa deal|last1=Tripathy | first1=Devidutta |last2=Goma |first2=Eman |date=8 June 2010|work=[[Reuters]]|publisher=Reuters|access-date=7 September 2014}}</ref> In January 2016, Airtel announced that it had entered into an agreement to sell its operations in Burkina Faso and Sierra Leone to French telecom company [[Orange S.A.]] The value of the deal was not disclosed, but analysts estimated it to be worth $800–900 million.<ref>{{cite web|last1=Reporter|first1=B. S.|title=Airtel to sell 2 African operations to Orange|url=http://www.business-standard.com/article/companies/bharti-airtel-sells-burkina-sierra-leone-biz-to-orange-116011300126_1.html|website=Business Standard India|access-date=3 March 2017|date=14 January 2016}}</ref><ref>{{cite web|title=Airtel signs deal to sell two African operations to France's Orange|url=http://www.firstpost.com/business/airtel-signs-deal-to-sell-two-african-operations-to-frances-orange-2581888.html|website=Firstpost|access-date=3 March 2017|date=13 January 2016}}</ref> Orange assumed control of operations in Sierra Leone in July 2016.<ref>{{cite web|title=Airtel closes sale of its unit in Sierra Leone to France's Orange|url=http://economictimes.indiatimes.com/industry/tech/hardware/airtel-closes-sale-of-its-unit-in-sierra-leone-to-frances-orange/articleshow/53291015.cms|website=The Economic Times|access-date=3 March 2017}}</ref><ref>{{cite web|last1=Lead|first1=Telecom|title=Orange completes Airtel deal in Sierra Leone {{!}} TelecomLead|url=http://www.telecomlead.com/telecom-services/orange-completes-airtel-deal-sierra-leone-70070|website=TelecomLead|access-date=3 March 2017|date=19 July 2016}}</ref><ref>{{cite web|title=Orange announces 100% takeover of Airtel in Sierra Leone|url=http://www.africanews.com/2016/07/21/orange-announces-100-percent-takeover-of-airtel-in-sierra-leone/|website=Africanews|access-date=3 March 2017|date=3 March 2017}}</ref> Indian investment firm ABG Group in partnership with Sierra Leone Exploration Mining Company (SLEMCO) discovered an estimated 321 million MT of bauxite deposits in Sierra Leone in 2011.<ref name="MEA2013">{{cite web|title=India - Sierra Leone Relations|url=https://mea.gov.in/Portal/ForeignRelation/Sierra_Leone.pdf|website=Ministry of External Affairs|access-date=9 April 2017|date=January 2013}}</ref>
In June 2010, [[Bharti Airtel]] struck a deal to buy [[Zain Group|Zain]]'s mobile operations in 15 African countries, including Sierra Leone, for $8.97&nbsp;billion, in India's second biggest overseas acquisition after Tata Steel's US$13&nbsp;billion buy of Corus in 2007. Bharti Airtel completed the acquisition on 8 June 2010.<ref>{{cite web|url=https://www.reuters.com/article/us-zain-bharti-idUSTRE6570VJ20100608|title=Bharti closes $9 billion Zain Africa deal|last1=Tripathy | first1=Devidutta |last2=Goma |first2=Eman |date=8 June 2010|work=[[Reuters]]|publisher=Reuters|access-date=7 September 2014}}</ref> In January 2016, Airtel announced that it had entered into an agreement to sell its operations in Burkina Faso and Sierra Leone to French telecom company [[Orange S.A.]] The value of the deal was not disclosed, but analysts estimated it to be worth $800–900 million.<ref>{{cite web|last1=Reporter|first1=B. S.|title=Airtel to sell 2 African operations to Orange|url=http://www.business-standard.com/article/companies/bharti-airtel-sells-burkina-sierra-leone-biz-to-orange-116011300126_1.html|website=Business Standard India|access-date=3 March 2017|date=14 January 2016}}</ref><ref>{{cite web|title=Airtel signs deal to sell two African operations to France's Orange|url=http://www.firstpost.com/business/airtel-signs-deal-to-sell-two-african-operations-to-frances-orange-2581888.html|website=Firstpost|access-date=3 March 2017|date=13 January 2016}}</ref> Orange assumed control of operations in Sierra Leone in July 2016.<ref>{{cite web|title=Airtel closes sale of its unit in Sierra Leone to France's Orange|url=http://economictimes.indiatimes.com/industry/tech/hardware/airtel-closes-sale-of-its-unit-in-sierra-leone-to-frances-orange/articleshow/53291015.cms|website=The Economic Times|access-date=3 March 2017}}</ref><ref>{{cite web|last1=Lead|first1=Telecom|title=Orange completes Airtel deal in Sierra Leone {{!}} TelecomLead|url=http://www.telecomlead.com/telecom-services/orange-completes-airtel-deal-sierra-leone-70070|website=TelecomLead|access-date=3 March 2017|date=19 July 2016}}</ref><ref>{{cite web|title=Orange announces 100% takeover of Airtel in Sierra Leone|url=http://www.africanews.com/2016/07/21/orange-announces-100-percent-takeover-of-airtel-in-sierra-leone/|website=Africanews|access-date=3 March 2017|date=3 March 2017}}</ref> Indian investment firm ABG Group in partnership with Sierra Leone Exploration Mining Company (SLEMCO) discovered an estimated 321 million MT of bauxite deposits in Sierra Leone in 2011.<ref name="MEA2013">{{cite web|title=India - Sierra Leone Relations|url=https://mea.gov.in/Portal/ForeignRelation/Sierra_Leone.pdf|website=Ministry of External Affairs|access-date=9 April 2017|date=January 2013}}</ref>


About 60 Indian NRI/PIO companies are based in Sierra Leone as of December 2016, of which around 20 are trading companies.<ref name="HCIrelations" />
About 60 Indian NRI/PIO companies are based in Sierra Leone as of December 2016, of which around 20 are trading companies.<ref name="HCIrelations" />
Anonymous user
Retrieved from "https://en.bharatpedia.org/wiki/Special:MobileDiff/163223"