India and Zambia Ink Trade Cooperation Pact to Boost Exports

India and Zambia have signed a memorandum of understanding (MoU) to promote trade between cooperatives in the 2 countries, as per the news reports. The agreement was signed on July 18, 2025. It sets up a formal arrangement for enabling business links and cooperation in trade involving cooperative organisations.

Focus on Developing Exports Network

In a written reply to the Lok Sabha, Cooperation Minister Amit Shah said the ministry is focusing on developing India’s cooperative export network. This is being done with the help of Indian missions abroad, which are providing support in identifying markets and potential buyers for products from Indian cooperatives.

Indian embassies and missions are being used to supply market information to National Cooperative Exports Ltd. (NCEL). These missions also establish contacts with importers in specific countries, creating opportunities for cooperatives to enter new markets.

Other International Agreements

In addition to the Zambia pact, NCEL has signed agreements with Senegal-based Sinton Vantage Trading and Indonesia-based PT Sinton Surini Nusantara. These MoUs are aimed at developing cooperative trade links in different regions and product segments.

Objectives of the Arrangement

The cooperation agreements provide for the exchange of information, identification of trade opportunities, and steps to connect exporters and buyers. They cover a variety of goods and services produced by cooperatives in India, with the aim of increasing their access to overseas markets. 

Read more: Trump Tariffs Could Hit 55% of India's Merchandise Exports to the US: MoS Finance!

Conclusion

The trade cooperation agreement with Zambia adds to similar pacts NCEL has signed with other countries. The ministry is using its overseas network to help link Indian cooperatives with potential partners abroad through structured arrangements and information sharing.

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