A Joint Statement was issued by India and Liberia on Friday under which both countries have agreed to take their bilateral relations to the next level. Visiting Indian Minister of State for External Affairs Shashi Tharoor offered extensive assistance in the form of lines of credit on concessional terms. Additionally, India offered development assistance to Liberia to the tune of two million dollars as grant-in-aid for projects in the education and health sectors. According to the Joint Statement, at the request of the Liberian side, India also offered to donate twenty five buses to augment the public transportation facilities of the Monrovia Transit Authority. India also agreed to set up in Liberia an Information Technology and Communication (ICT) Centre of Excellence as per a Memorandum of Understanding to be signed by both parties.

To provide immediate impetus to IT education in Liberia, India will also set up in the short term two 'Hole-in-the-Wall' computer education centres at sites to be identified by the Liberian side. India also committed to assist Liberia in capacity building and training, particularly Liberian diplomats and policemen. The Indian side agreed to consider the specific and special request to the Indian Ministry of External Affairs for capacity building by the Ministry of Foreign Affairs of Liberia. Both sides decided to strengthen utilization of the ongoing programmes of capacity building such as the ITEC programme of the Government of India. Liberia also agreed to send women to participate in the training programmes on solar energy development organized by India at the Barefoot College, Tilonia in Rajasthan.