The Asia-Africa Growth Corridor or AAGC is an economic cooperation agreement between the governments of

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...

and multiple

Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...

n countries. India on 25 May 2017 launched a vision document for Asia-Africa Growth Corridor or AAGC at the

African Development Bank The African Development Bank Group (AfDB) or (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies i ...

meeting in Gujarat. The

Research and Information System for Developing Countries Research is "creativity, creative and systematic work undertaken to increase the stock of knowledge". It involves the collection, organization and analysis of evidence to increase understanding of a topic, characterized by a particular att ...

(RIS), New Delhi, the

Economic Research Institute for ASEAN and East Asia The Economic Research Institute for ASEAN and East Asia or 'ERIA'' is an international organization established in Jakarta, Indonesia in 2008 by a formal agreement among Leaders of 16 countries in the East Asian region to conduct research activiti ...

(ERIA), Jakarta, and

Institute of Developing Economies Institute of Developing Economies (IDE; アジア経済研究所) is a semi-governmental research institute under the Ministry of Economy, Trade and Industry, and the largest institute on social science in Japan. Current status is a body of the Ja ...

(IDE-JETRO), Tokyo, have developed the Vision Document based on consultations with Asian and African think-tanks. It aims for Indo-Japanese collaboration to develop quality infrastructure in Africa, complemented by digital connectivity, which would undertake the realization of the idea of creating free and open Indo-Pacific Region. The AAGC will give priority to development projects in health and pharmaceuticals, agriculture and agro-processing, disaster management and skill enhancement. The connectivity aspects of the AAGC will be supplemented with quality infrastructure. Unlike OBOR, now BRI (

Belt and Road Initiative The Belt and Road Initiative (BRI, or B&R), formerly known as One Belt One Road ( zh, link=no, 一带一路) or OBOR for short, is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 150 ...

), which entails development of both land corridor (new economic belt) and ocean (marine silk road), AAGC will essentially be a sea corridor linking Africa with India and other countries of South-East Asia and Oceania by reviving ancient sea-routes and creating new sea corridors that will link ports in

Jamnagar Jamnagar () is a city located on the western coast of India in the state of Gujarat of Saurashtra (region), Saurashtra region. It is the administrative headquarters of the Jamnagar district and the fifth largest city in Gujarat. The city lies ...

(Gujarat) with

Djibouti Djibouti, ar, جيبوتي ', french: link=no, Djibouti, so, Jabuuti officially the Republic of Djibouti, is a country in the Horn of Africa, bordered by Somalia to the south, Ethiopia to the southwest, Eritrea in the north, and the Red ...

in the

Gulf of Aden The Gulf of Aden ( ar, خليج عدن, so, Gacanka Cadmeed 𐒅𐒖𐒐𐒕𐒌 𐒋𐒖𐒆𐒗𐒒) is a deepwater gulf of the Indian Ocean between Yemen to the north, the Arabian Sea to the east, Djibouti to the west, and the Guardafui Channe ...

and similarly the ports of

Mombasa Mombasa ( ; ) is a coastal city in southeastern Kenya along the Indian Ocean. It was the first capital of the British East Africa, before Nairobi was elevated to capital city status. It now serves as the capital of Mombasa County. The town is ...

and

Zanzibar Zanzibar (; ; ) is an insular semi-autonomous province which united with Tanganyika in 1964 to form the United Republic of Tanzania. It is an archipelago in the Indian Ocean, off the coast of the mainland, and consists of many small islands ...

will be connected to ports near

Madurai Madurai ( , also , ) is a major city in the Indian state of Tamil Nadu. It is the cultural capital of Tamil Nadu and the administrative headquarters of Madurai District. As of the 2011 census, it was the third largest Urban agglomeration in ...

;

Kolkata Kolkata (, or , ; also known as Calcutta , the official name until 2001) is the capital of the Indian state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, comme ...

will be linked to

Sittwe Sittwe (; ; formerly Akyab) is the capital of Rakhine State, Myanmar (Burma). Sittwe, pronounced ''sait-tway'' in the Rakhine language, is located on an estuarial island created at the confluence of the Kaladan, Mayu, and Lay Mro rivers emptyi ...

port in

Myanmar Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John C. Wells, Joh ...

. According to the Vision Document many fields of collaboration were laid out. Digital connectivity will also support the growth of innovative technology and services between Asia and Africa. There is scope for Asia to share its experiences of growth and development with Africa. There are five main aspects. These are: (a) effective mobilization of financial resources; (b) their alignment with socio-economic development and development strategies of partner countries and regions; (c) application of high-quality standards in terms of compliance with international standards established to mitigate environmental and social impact; (d) provision of quality of infrastructure taking into account aspects of economic efficiency and durability, inclusiveness, safety and disaster-resilience, sustainability as well as convenience and amenities; and (e) contribution to the local society and economy.

References

* {{cite news , title=Asia-Africa Growth Corridor: Vision document focusses on inclusivity , author=Rutam Vora , date=May 24, 2017 , newspaper=

Business Line ''Business Line'' or ''The Hindu Business Line'' is an Indian business newspaper published by Kasturi & Sons, the publishers of the newspaper ''The Hindu'' located in Chennai, India. The newspaper covers priority industry verticals, such as Agri ...

, url=http://www.thehindubusinessline.com/news/world/asiaafrica-growth-corridor-vision-document-focusses-on-inclusivity/article9711812.ece India–Japan relations Intergovernmental organizations International economic organizations Economic country classifications 21st-century diplomatic conferences Organizations established in 2017 Trade blocs 2017 in economics

See also

References