The Asia-Africa Growth Corridor is an economic cooperation agreement between 10 Asian countries and 7 African countries, launched in 2017 by Governments of India and Japan.
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.
The Asia-Africa Growth Corridor is the Indian and Japanese alternative
to Chinese
New Silk Road (one belt, one route, Eurasian Land Transport Initiative).
Introduction to the Asia-Africa Growth Corridor
The Asia-Africa Growth Corridor as an alternative of India and Japan to the New Silk Road led by China
The Asia-Africa Growth Corridor: a key project of the Indian-Ocean Rim Association (IORA)
Main characteristics of the Asia-Africa Growth Corridor
Asian member countries: Bangladesh, India, Iran, Japan, Maldives,
Mongolia, Myanmar, Singapore, Sri Lanka, and Thailand
African member countries: Kenya, Madagascar, Mauritius, Seychelles, Tanzania, Zambia, Zimbabwe
Sample - African Asia-Africa Growth Corridor
The Subject “Asia-Africa Growth Corridor” is included within the curriculum of the following academic programs at EENI Global Business School:
Indian Ocean Commission: the Comoros, the Reunion Island, Madagascar, Mauritius and the Seychelles
Trade relations of African Countries of the corridor with the United States:
COMESA-United States Trade and Investment Framework Agreement
East African Community-U.S. Agreement
AGOA
Relations of African Countries of the corridor with the EU
Africa-European Union Strategic Partnership
GSP
Trade Agreements:
Almost all African Countries in the corridor have trade agreements with India
Mauritius:
India, Turkey, EFTA and Pakistan
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)