India-Tanzania bilateral trade reaches USD 9.02 billion as the Joint Trade Committee meets in Dar es Salaam
19 October 2026
The 5th Session of the India-Tanzania Joint Trade Committee was held in Dar es Salaam on 29-30 April 2026.
Bilateral trade reached USD 9.02 billion in 2025-26, up from USD 8.64 billion in 2024-25.
It was co-chaired by Commerce Secretary Shri Rajesh Agrawal of India and Amb. Dr. Samwel William Shelukindo, Permanent Secretary of Tanzania's Ministry of Foreign Affairs and East African Cooperation.
Indian lines of credit for Tanzanian water infrastructure exceed USD 1.1 billion and the projects are expected to benefit over 6 million people across 24 towns.
The two sides discussed local-currency trade settlement, a comprehensive energy MoU, pharmaceuticals, mining and gemstones, railways and fisheries.
The 6th Session will be held in New Delhi.
In plain words
Line of credit Line of credit — A concessional loan India extends to a partner country, usually tied to Indian goods, services or project work.