Tanzania and India now to trade in own currencies

India's Ambassador to Tanzania Mr Binaya Pradhan speaks during the international conference on India-Tanzania relations in Dar es Salaam. PHOTO | COURTESY

What you need to know:

  • India is one of Tanzania’s biggest trading partners, with data from the Indian High Commission in Dar es Salaam putting the value of trade between the countries at $4.5 billion (about Sh10.4 trillion) during the year ending March 2022