Forum Africa-India

EENI- School of International Business

Subject (Course): The Economic Relationships between Africa and India. Syllabus:

1. Introduction to the Economic Relationships between Africa and India
2. Foreign Trade between Africa and India
3. The Indian duty-free Tariff Preference (DFTP) Scheme for Least Developed Countries (LDCs)
4. “Focus Africa” Programme
5. Africa-India Framework for Cooperation
6. Africa-India Forum Summit
7. Addis Ababa and Delhi Declaration
8. Case Study: Pan-African e-Network Project
9. India-Southern Africa Customs Union FTA
10. India's Free Trade Agreements (FTA) with the African countries: Angola, Botswana, Cameroon, Ivory Coast, Ghana, Liberia, Mauritius, Mozambique, Nigeria, Rwanda, Senegal, South Africa, Swaziland, Seychelles, Tanzania, Uganda, Zambia, and Zimbabwe.
11. Africa and the BRICS (India) countries

The objectives of the subject “The Economic cooperation between Africa and India” are:

1. To understand the objectives of the enhanced cooperation Africa-India
2. To analyse international trade and investment flows between African countries and India
3. To know the Free Trade Agreements between India and Africa (SACU, Mauritius)
4. To assess the benefits of the Indian duty-free Tariff Preference (DFTP) Scheme

Sample of the subject (Trade Relations Africa-India):

Subject Description (Economic Relationships between Africa and India):

Grow of India-Africa trade: 32% annually between 2005 and 2011

India-Africa bilateral trade has grown by nearly 32% annually between 2005 and 2011, despite the economic crisis.

1. India-Africa trade is projected to reach US 90 billion dollars.
2. Between 2005-2011, foreign trade between the African countries and India has grown 32% annually.
3. Top African sectors receiving private FDI from India: telecommunications, IT, energy, and cars.
4. Top African exporters to India: Nigeria, South Africa, Angola, Egypt, Algeria, and Morocco (89% of the total African exports)
5. Top African export products to India: petrol and gas, ores, and gold

The Heads of State and Government of Africa, representing the African countries, the African Union and its institutions along with the Prime Minister of India, recognising

“The rich history of Africa-India trade relationship and noting with satisfaction the existing close, deep and multi-layered trade relations between the African countries and the Republic of India and realising the need to give a new dimension to this cooperation, have decided to adopt this Framework for foreign trade cooperation between Africa and India.”

As a conducive and supportive international economic environment is crucial for Africa and India in their pursuit for a reciprocally profitable economic development, India and Africa recognise the need to promote such environment by reinforcing the efforts to promote among them, international trade and industry, Foreign direct investment, development of Small and Medium Enterprises and regional integration in Africa.

Africa and India (BRICS Country) recognise the need to expand the foreign trade, greater market access, and foreign direct investment facilitation.

The Africa-India Forum Summit.

To reinforce the trade relations existing between Africa and India, and share benefit from the rich historical background as well as natural resources of both Africa and India.

The Africa-India Forum Summit would create an opportunity to give a new dimension to the Africa-India cooperation through an Action Plan and Declaration to be adopted at the Summit in New-Delhi and Addis Ababa.

The Forum Africa-India members are India, Algeria, Angola, Benin, Botswana, Burundi, Cameroon, Cape Verde, the Central African Republic, the Comoros, Congo, the Democratic Republic of the Congo, Djibouti, Ivory Coast, the Arab Republic of Egypt, Eritrea, Ethiopia, Gabon, Ghana, Guinea, Equatorial Guinea, Guinea - Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Morocco, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Uganda, Rwanda, Senegal, Seychelles, Sierra Leone, Somalia, Sudan, Tanzania, Chad, Togo, Tunisia, South Africa, Zambia, and Zimbabwe.

The Forum Africa-India belongs to the African Civilisation and the Hindu Civilisation.