Fourth India–Namibia Joint Trade Committee held in New Delhi; trade at USD 592.94 million
The fourth session of the India–Namibia Joint Trade Committee was held in New Delhi on 10–11 August 2026, with bilateral merchandise trade reported at USD 592.94 million in 2025-26 and new working groups agreed on services and health.
Summary
The fourth session of the India–Namibia Joint Trade Committee (JTC) was held in New Delhi on 10 and 11 August 2026, and the Agreed Minutes were signed on 11 August. Bilateral merchandise trade rose to USD 592.94 million in 2025-26 from USD 568.40 million in 2024-25, with Indian exports at USD 349.09 million. India is Namibia's second-largest pharmaceutical source, with a 16.4% share. The sides designated Invest India and the Namibia Investment Promotion and Development Board as investment focal points, agreed on a Services Working Group, and identified cooperation in critical minerals such as lithium, graphite, copper, cobalt and rare earth elements.
Key facts
- Meeting
- 4th India–Namibia JTC, New Delhi, 10–11 Aug 2026
- Trade 2025-26
- USD 592.94 million (2024-25: USD 568.40 million)
- India's exports
- USD 349.09 million
- Pharma
- India is Namibia's 2nd-largest source, 16.4% share
- Focal points
- Invest India and Namibia Investment Promotion and Development Board
- Critical minerals
- Lithium, graphite, copper, cobalt, REEs
Practice MCQs 3 questions
What was the value of India–Namibia bilateral merchandise trade in 2025-26, as reported at the fourth Joint Trade Committee in August 2026?
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Correct answer: D — USD 592.94 million
Trade rose to USD 592.94 million in 2025-26 from USD 568.40 million in 2024-25; India's exports were USD 349.09 million.
Which body was designated as India's investment focal point at the India–Namibia Joint Trade Committee in August 2026?
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Correct answer: A — Invest India
Invest India and the Namibia Investment Promotion and Development Board were designated as the JTC investment focal points.
Consider the following statements about India–Namibia trade ties, as reported in August 2026: 1. India is Namibia's largest source of pharmaceuticals. 2. India's imports from Namibia exceeded its exports in 2025-26. Which of the above is/are correct?
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Correct answer: D — Neither 1 nor 2
Neither statement is correct. India is Namibia's second-largest pharmaceutical source (16.4% share), and India's exports (USD 349.09 million) exceeded imports (USD 243.85 million).