Addressing a banquet hosted in his honour by Tanzanian President John Pombe Joseph Magufuli, he said, "India has been, and will always be, a trusted partner" in the developmental journey of Tanzania.
"In recent years, our ties of commerce, links of trade and investments, and development cooperation have flourished. If today, India has emerged as the World's fastest growing large economy. Then, Tanzania is one of the most important economies on this continent," Modi said.
"Our comprehensive agenda of cooperation is driven by our key development priorities and our common security needs. These discussions would lay the foundation on which we will construct a twenty first century partnership," the Prime Minister said.
He said as Tanzania modernizes its agriculture, expands education and health care system, industrializes economy, provides skill to youth, builds capacities and institutions and secures its people and society, it will "find in India a reliable friend."
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"And as a friend, we are ready and willing to share our experiences, our expertise, our capacities and our technology with Tanzania. And, do so based on your needs and priorities," he said.
He said the ties between the two countries have deep historical roots as for over centuries, their people have known each other.
"The waters of Indian Ocean connect us. And, we are two nations with strong maritime traditions," he said.