This chamber aims to foster a triangular and bilateral cooperation between these three continents – Europe, India and Africa. This chamber has received a lot of interest from many African Countries, Leaders and Heads of State, who turn towards India for the development of their industrial, educational and health sectors and scientific relation between India and African countries.
Owing to the cost factors, many European countries cannot come to the rescue of these developing African countries. However, European Parliament and the World Bank are keen to fund many of these African countries for their industrial, commercial and scientific development.
Hence, this triangular cooperation will enhance this development in a better and a faster way, along with African Development Bank and EXIM Bank.