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An Abe-Modi plan for Africa

Discussion in 'International Relations' started by Agent_47, May 25, 2017.

  1. Agent_47

    Agent_47 Admin - Blog Staff Member MODERATOR

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    Proposal for Asia Africa Growth Corridor presented to AfDB’s board

    The Indian and Japanese governments on Wednesday unveiled a vision document for the Asia Africa Growth Corridor, proposed by the two countries’ Prime Ministers last November, and more details are likely to be firmed up by September in time for Japan PM Shinzo Abe’s visit to New Delhi.

    More inclusive
    Unlike China’s One Belt One Road (OBOR) project, about which India has raised several concerns, the Asia Africa Growth Corridor is conceived as a more open and inclusive programme that will be based on more consultations and keep people as the centre piece rather than just trade and economic ties, said officials who worked on the vision document.


    Four key elements

    The document presented to the board of the African Development Bank’s governors at their annual meeting here, proposes four key elements that leverage the strengths of India and Japan – enhancing capacity and skills; building quality infrastructure and connecting institutions; development and cooperation projects in health, farming, manufacturing and disaster management; and people-to-people partnerships.

    Important partners

    “Today, the intermediate report of the Asia Africa Growth Corridor was announced… This will facilitate greater trilateral or triangular cooperation among Japan, India and Africa as a win-win-win,” said Japan’s ambassador to India Kenji Hiramatsu.

    “As African countries continue to grow against the background of their abundant resources and growing population, they are becoming important partners of Japan and India with deeper relationships, politically and economically. We expect greater synergy to emerge between Japan’s technology and capital and India’s strong network and experiences in Africa,” he said.

    The ambassador also called for greater cooperation between Indian and Japanese firms in furthering Africa’s development and urged Indian investors to participate in the new economic zone coming up around Kenya’s Mombasa port with Japan’s assistance.

    https://www.google.co.in/amp/www.th...be-modi-plan-unveiled/article18572502.ece/amp/
     
  2. Agent_47

    Agent_47 Admin - Blog Staff Member MODERATOR

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    Vision Document For Asia-Africa Growth Corridor Unveiled


    [​IMG]

    Gandhinagar: The vision document for the proposed "Asia-Africa Growth Corridor (AAGC)" supported by Japan and India has been unveiled on Wednesday during the 52nd Annual Meeting of the African Development Bank (AfDB) here.

    The vision document has been prepared jointly by three agencies, namely the Research and Information System for Developing Countries (RIS) New Delhi, the Economic Research Institute for ASEAN and East Asia(ERIA) Jakarta, and Institute of Developing Economies (IDE-JETRO), Tokya.

    The vision document was presented during a seminar on 'Japan-India cooperation for the development of Africa' at Mahatma Mandir in the presence of Union Minister of State for Finance Arjun Ram Meghwal.

    On Tuesday, Prime Minister Narendra Modi, who was here to inaugurate the annual meetings of the AfDB, pushed for AAGC, a pitch coming days after China's ambitious OBOR (One Belt, One Road) initiative taking off.

    The pitch came close on the heels of China launching its multi-billion dollar OBOR initiative, a pet project of Chinese President Xi Jinping, which aims to connect the Eurasian landmass and Indo-Pacific maritime routes.

    Modi had informed the audience that research institutes of India and Japan have come up with vision document in consultation with African think-tanks on how to take forward this growth corridor.

    As per the vision document, AAGC will be based on four key pillars - Enhancing Capacity and Skills, Quality Infrastructure and Institutional Connectivity, Development and Cooperation projects and people to people partnership.

    Giving insight into the document, Director General of RIS, Sachin Chaturvedi, said unlike China's OBOR initiative, AAGC was more consultative.

    "You are aware about our government's position on OBOR. I would like to highlight the way we are making this process more consultative. This was one of the objection India raised when OBOR was presented with least consultations," Chaturvedi told reporters.

    He said more details will emerge about the AAGC during the upcoming visit of Japanese Prime Minister to India in September this year.

    As per the document, the next step is the preparation of a 'vision study' for the project, for which a Research Support Unit will be set up in RIS.

    "The unit will conduct the preparation of AAGC study between 2017-18, and present it to the Government of India and Japan, and other leaders and policy makers of Asia and Africa in 2018," said the document

    https://www.google.co.in/amp/www.ne...-africa-growth-corridor-unveiled-1411583.html
     
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  3. bharathp

    bharathp Developers Guild Developers -IT and R&D

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    not quick enough and not as flashy as Chinese initiative. hope that it will continue to grow and not just remain as another idea that just dint get its due.
     
  4. Satendra kumar

    Satendra kumar IDF NewBie

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    India and Japan social economiic development in Africa needs the pillar of economic management and investment in all section of African Continent.The implementation of fair trade rules that allows the African Continent and Asia to make fair trade bargain and welfare of it's people.
     
  5. Agent_47

    Agent_47 Admin - Blog Staff Member MODERATOR

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