The African Development Bank Group (AfDB) and the Government of India have pledged to make the Bank Group’s 2017 Annual Meetings a resounding success. The Meetings are scheduled to take place in Ahmedabad, the capital of the state of Gujarat, from May 22-26, 2017.
The commitment followed a Memorandum of Understanding endorsed by both parties on Thursday, September 15, 2016, at the end of the Bank’s first Annual Meetings Preparatory mission to assess facilities and logistics for the event in Ahmedabad.
“For us this is a special moment. It officially kick-starts preparations for the 2017 Annual Meetings and underscores the growing cooperation between the Bank and India in particular, and between India and Africa in general,” AfDB Secretary-General, Vincent Nmehielle, said after he signed the MOU on behalf of President Akinwumi Adesina.
The Meetings, taking place on the heels of the India-Africa Summit held in New Delhi last year, would further boost the long-standing economic cooperation between the two sides and open up new avenues for fruitful business engagements between them, he added.
The Deputy Secretary in the Ministry of Finance, Bandana Preyashi, who signed on behalf of the Finance Secretary, said that the Government and people of India highly appreciate the opportunity they have been given to host the Bank’s most important annual event.