EENI Global Business School

Asia-Africa Growth Corridor, Kenya, India

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Syllabus of the Subject

Afro-Indo-Asian Economic Area: Asia-Africa Growth Corridor

  1. Introduction to the Asia-Africa Growth Corridor
  2. The Asia-Africa Growth Corridor as an alternative of India and Japan to the New Silk Road led by China
  3. The Asia-Africa Growth Corridor: a key project of the Indian-Ocean Rim Association (IORA)
  4. Main characteristics of the Asia-Africa Growth Corridor
  5. Asian member countries: Bangladesh, India, Iran, Japan, Maldives, Mongolia, Myanmar, Singapore, Sri Lanka, and Thailand
  6. African member countries: Kenya, Madagascar, Mauritius, Seychelles, Tanzania, Zambia, Zimbabwe

Sample - African Asia-Africa Growth Corridor
Asia-Africa Growth Corridor (Kenya, Madagascar, Tanzania, Zambia, Zimbabwe...)

African Student, Doctorate, Master, International Business, Foreign Trade

The Asia-Africa Growth Corridor is an economic cooperation agreement between 10 Asian countries and 7 African countries, launched in 2017 by the governments of India and Japan.

  1. Asian member countries (10): Bangladesh, India, Iran, Japan, the Maldives, Mongolia, Myanmar, Singapore, Sri Lanka and Thailand
  2. African member countries (7): Kenya, Madagascar, Mauritius, the Seychelles, Tanzania, Zambia and Zimbabwe

The Asia-Africa Growth Corridor is the Indian and Japanese alternative to the Chinese New Silk Road (one belt, one route, Eurasian Land Transport Initiative).

Eurasian Land Transport Initiative (Silk Road, China-Europe)

Its main objective is the creation of an Afro-Indo-Asian Economic Area through:

  1. Development and cooperation projects
  2. Quality infrastructure (transport, corridors) and institutional connectivity
  3. Enhancement of skills and abilities
  4. Person-to-person (P2P) associations

The Asia-Africa Growth Corridor will facilitate and enhance economic growth by linking the economies of Asia and Africa by facilitating trade, development and improvement of ports, airports, corridors, industrial parks or telecommunications.

India channels its cooperation with Africa through the Africa-India Cooperation.

  1. Mauritius is considered as the Indian gateway to Africa
  2. India is part of the Africa-BRICS Cooperation
  3. Bangladesh-Myanmar Corridor

Japan channels its cooperation with Africa through the Tokyo International Conference on African Development.

The Africa-Asia Strategic Partnership NAASP is the framework for economic collaboration between the two regions.

The Indian-Ocean Rim Association plays a key role in the Asia-Africa Growth Corridor strategy.

The IORA is made up of 20 countries from (not all of them are part of the Asia-Africa Growth Corridor):

  1. Asia: Australia, Bangladesh, India, Indonesia, Iran, Malaysia, Singapore, Sri Lanka and Thailand
  2. Africa: the Comoros, Kenya, Madagascar, Mauritius, Mozambique, the Seychelles, South Africa, and Tanzania
  3. Middle East: Oman, the Emirates, and Yemen

Main related African ports:

  1. Port of Mombasa
  2. Ports of Madagascar
  3. Port of Dar es-Salaam

Port of Mombasa, Kenya. Gateway to Burundi, the DR Congo, Ethiopia, Rwanda, Sudan, South Sudan, Somalia, and Tanzania

Trans-African Corridors.

  1. Northern Corridor
  2. Cairo-Gaborone Corridor
  3. Lagos-Mombasa Corridor
  4. North-South Corridor
  5. Central Corridor

African Northern Corridor (Burundi, Rwanda, Kenya, and Uganda)

Other African corridors related to the Asia-Africa Growth Corridor:

  1. Beira-Lobito Corridor (Angola)
  2. Lobito Corridor

African Regional Economic Communities related to the Asia-Africa Growth Corridor

  1. East African Community (EAC): Kenya, Uganda, Tanzania, Rwanda, Burundi and South Sudan
  2. Intergovernmental Authority on Development (IGAD): Djibouti, Eritrea, Ethiopia, Kenya, Somalia, Sudan and Uganda
  3. Common Market for Eastern and Southern Africa (COMESA): Burundi, Comoros, the DR Congo, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Sudan, Eswatini, Tanzania, Uganda, Djibouti, Zambia and Zimbabwe
  4. Southern African Development Community (SADC): Angola, Botswana, the Comoros, the DR Congo, Lesotho, Malawi, Madagascar, Mauritius, Mozambique, Namibia, the Seychelles, South Africa, Eswatini, Tanzania, Zambia and Zimbabwe
  5. COMESA-EAC-SADC Tripartite: all the African countries of the Asia-Africa Growth Corridor are members of the tripartite agreement
  6. Nile Basin Initiative: Burundi, the DR Congo, Egypt, Ethiopia, Kenya, Rwanda, South Sudan, Sudan, Tanzania and Uganda
  7. Conference on the Great Lakes: Angola, Burundi, the Central African Republic, the Republic of the Congo, the DR Congo, Kenya, Rwanda, South Sudan, Sudan, Tanzania, Uganda and Zambia
  8. Indian Ocean Commission: the Comoros, the Reunion Island, Madagascar, Mauritius and the Seychelles

East African Economic Integration

Southern Africa Integration

Trade relations of the African countries of the corridor with the U.S.:

  1. COMESA-United States Trade and Investment Framework Agreement
  2. East African Community-U.S. Agreement
  3. AGOA

Relations of the African countries of the corridor with the EU

  1. Africa-European Union Strategic Partnership
  2. GSP

Trade Agreements:

  1. Almost all the African countries in the corridor have trade agreements with India
  2. Mauritius: India, Turkey, EFTA and Pakistan
  3. India has a trade agreement with the SACU (South Africa, Lesotho, Eswatini, Botswana, and Namibia). Although none of these countries is a member of the corridor)

Main African Institutions:

  1. African Union
  3. African Development Bank
  4. Economic Commission for Africa

Asian countries of the corridor

Asian regional economic communities related to the Asia-Africa Growth Corridor

  1. South Asian Association for Regional Cooperation: Bangladesh, India, Maldives and Sri Lanka
  2. Bay of Bengal Initiative: Myanmar, Bangladesh, India, Sri Lanka and Thailand
  3. Asian Clearing Union: Bangladesh, India, Iran, Myanmar, Maldives and Sri Lanka
  4. South Asia Economic Cooperation (SASEC): Bangladesh, India, Maldives and Sri Lanka
  5. Economic Cooperation Organization (ECO): Iran
  6. Organization for Cooperation between Railways (OSJD): Iran and Mongolia
  7. APEC: Japan, Singapore and Thailand
  8. ASEAN: Myanmar, Singapore and Thailand
    1. ASEAN Economic Community
    2. ASEAN Free-Trade Area
    3. IMT-GT: Thailand
    4. Mekong Economic Cooperation: Myanmar y  Thailand
  9. Greater Mekong Subregion: Myanmar and Thailand

Mekong Economic Cooperation Strategy (ACMECS): Cambodia, Laos, Myanmar, Thailand, and Vietnam

Asian Trade Agreements related to the countries of the Asia-Africa Growth Corridor (AAGC)

  1. Trade Agreements of India: Sri Lanka, Thailand, Singapore, Mauritius, Maldives, ASEAN
  2. Trade Agreements of Bangladesh: India, Sri Lanka
  3. Economic Association Agreements of Japan: Singapore, ASEAN
  4. Trade Agreements of Myanmar: Sri Lanka, Bangladesh
  5. Trade Agreements of Singapore: India, Japan
  6. Trade Agreements of Sri Lanka: India, Bangladesh
  7. Trans-Pacific Partnership: Singapore and Japan
  8. Asia-Pacific Trade Agreement: Bangladesh, India, Mongolia and Sri Lanka
  9. Islamic Trade Preferential System (TPS-OIC)

Main Asian institutions related to the Corridor

  1. Asian Development Bank
  2. ESCAP
  3. Boao Forum for Asia
  4. Colombo Plan
  5. Asia Cooperation Dialogue

Main Islamic institutions

  1. OIC
  2. Islamic Development Bank

The main Religions of the region of the Asia-Africa Growth Corridor are:

  1. Christianity
  2. Islam
  3. Hinduism
  4. Buddhism

The Asia-Africa Growth Corridor belongs to:

  1. Southern African Economic Area
  2. East African Economic Area
  3. Hindu Economic Area
  4. Buddhist Economic Area
  5. Central Eurasian Economic Area

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