Africa Asia Growth Corridor {AAGC}
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🚩 1/07/2023🚩
image source : AAGC
✴️AAGC
✅It stands for Africa Asia Growth Corridor Program
✅It is a study jointly produced by the Research Institutions of India and Japan in consultation with other Asian and African " Think Tanks ".
✅It envisages the close engagement between India and Africa for "Sustainable and Innovative development which will be anchored on four pillers.
⚜️Development Coperation Projects.
⚜️Quality Infrastructure and Institutional Connectivity.
⚜️Enhancing Capacities and skills.
⚜️People to people Partnership.
✴️ Special Focus on the Africa,India, South east asia ,east asia and oceania.
📝Q.2 What is India -Africa Summit? How many times it has happened and why it has not been held after the 3rd summit .
✅India-Africa Summit is a forum to re-initiate and reboot relation between India and African countries.
✅Till now 3 summits has been organised they are:-
👉1. Started from 2008 with New Delhi as its 1st venue.
👉2. Second was in Addis Ababa 2011.
👉3. Third summit was sheduled to be in 2014,whichbwas posponed due to Ebola Outbreak and took place in oct 2015 in New Delhi.
✴️ With the resurgence in India's support for the priorities of the global south there is an exception of institutional arrangements with regional fora.
✴️3 major reasons for the delay of the summits are-
👉Pandemic Situation.
👉Size of the 4th summit which is large as compared to the previous ones leads to the time-cunsuption and unmanageable (reason given by the external affair minister s jayshankar after his recent visits to african countries)
👉the disfunctional Arab-Maghreb union.
👉The diffrence between algeria and morocco.
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