Class Notes 4 You

Intro:India and the African continent have been linked for centuries through trade, commerce and travel across the Indian Ocean cooperation : The spirit of “developing as equals” defines this bilateral. India’s partnership with Africa is based on a model of cooperation which is responsive to the needs of African countries. It is demand driven and free of conditionalities. Cooperation based on 10 guiding principles of India-Africa engagement listed by PM Modi in his speech to Ugandan parliament like- Deepening of engagement Capacity building Digital cooperation Agriculture cooperation India has partnered with African development bank $5.6T of market opportunity- IMF India is Africa's fifth largest investor - $54 B with a bilateral trade of $66B 180 LOC to 44 countries amounting to $11 Billion Under the ‘ Vaccine Maitri ’ initiative, we have supplied 24.7 million doses of Made in India COVID vaccines as grants, and commercial and COVAX supplies to 42 countries in Africa.” these devel...

Africa- second largest continent, in terms of land and population with 55 countries & about 15 percent of world’s population. India and Africa have history of interaction laid by Mahatma Gandhi.India and Africa have a lot of common interests and both have vital stakes in each other’s progress, peace and prosperity. Importance of Africa: Geostrategic India’s security, especially the Horn of Africa region, because of its proximity with India. The threat of radicalism, piracy, organized crime emerge from this region Economic   diversifying our energy sources objective of our Integrated Energy Policy Africa rich reservoir of valuable minerals, metals including gold and diamond space for Indian investment ample agricultural land address India’s food security. India is looking at leasing land in Africa to overcome the land deficit in terms of arable land India is involved in capacity building of African countries. Africa is also largest beneficiary of India’s IT...