modi bats for asiaafrica growth corridor
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Modi bats for Asia-Africa growth corridor

Arab Today, arab today

Arab Today, arab today Modi bats for Asia-Africa growth corridor

Prime Minister Narendra Modi with foreign dignitaries at the 52nd African Development Bank's annual
Gandhinagar(Gujarat) - Arab Today

Prime Minister Narendra Modi on Tuesday pushed for an "Asia-Africa growth corridor" supported by Japan and India -- a pitch coming days after China's ambitious OBOR (One Belt, One Road) initiative taking off.

Declaring the 52nd Annual General Meeting of the African Development Bank group open, which is being held for the first time in the country here, Modi said, "India's partnership with Africa is based on a model of cooperation which is responsive to the needs of African countries." 

Pushing for a growth corridor between Africa and Asia, he said the project was discussed during his recent trip to Japan. The pitch comes close on the heels of China launching its multi-billion dollar OBOR initiative, a pet project of Chinese President Xi Jinping, which aims to connect the Eurasian landmass and Indo-Pacific maritime routes.

"During my visit to Japan and after meeting with Prime Minister (Shinzo) Abe, I gladly recall that in our joint declaration we mentioned Asia-Africa growth corridor and proposed further conversation with our brothers and sisters of Africa. "Research institutes of India and Japan have come up with vision documents in consultation with African think-tanks on how to take forward this growth corridor," Modi said, adding that this vision document would be presented at the board meeting later.

"The idea is India, Japan and other willing partners would explore joint initiative in development of skills, infrastructure, manufacturing and connectivity," he added. Modi said Africa figured on top of India's priority as a growth pole. "After assuming office in 2014, I have made Africa a top priority for India's foreign and economic policy," Modi told the gathering of 3,000 delegates mostly from Africa, which also included heads of state and senior government functionaries.

He said India is the fifth largest investor in Africa, as in the last 20 years it has invested $54 billion. "Africa-India trade has multiplied in the last 15 years, it has doubled in the last five years to reach near 72 billion dollars in 2014-15," Modi said. Modi also recalled the centuries' old association of India with Africa, especially between trading communities from Western states such as Gujarat

Source: Timesofoman

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

modi bats for asiaafrica growth corridor modi bats for asiaafrica growth corridor

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

modi bats for asiaafrica growth corridor modi bats for asiaafrica growth corridor

 



GMT 10:10 2017 Thursday ,09 February

3 Important Elements You Have to Consider

GMT 04:03 2017 Monday ,24 April

Bella Hadid ‘dying’ to visit Palestine

GMT 19:25 2016 Wednesday ,25 May

The Brooklyn Desk by Oeuf NYC

GMT 07:49 2018 Friday ,05 January

2 Russian servicemen killed

GMT 07:58 2018 Monday ,01 January

Italy orders N. Korea's envoy to leave

GMT 08:45 2017 Wednesday ,20 December

US military imagines war without GPS

GMT 17:26 2017 Sunday ,17 December

Putin thanks Trump for help in foiling attack plot

GMT 22:19 2017 Monday ,16 October

Cairo-hosted Fatwa conf. new contribution

GMT 02:27 2016 Friday ,10 June

Video hints Japan abetting illegal ivory trade

GMT 07:04 2017 Wednesday ,19 April

1,883 Bahrainis found jobs in March

GMT 14:24 2016 Tuesday ,22 November

Citi and JPMorgan top list of ‘globally banks’

GMT 21:43 2017 Friday ,01 September

People question Nazaruddin`s repatriation expenses

GMT 09:41 2017 Wednesday ,19 April

OIC concerned over violence in Mali

GMT 01:30 2017 Friday ,27 October

May22/Jun21

GMT 05:38 2016 Friday ,30 December

Dubai Airports divert 13 flights due to heavy fog

GMT 11:38 2017 Saturday ,14 January

Mexico names new ambassador to US

GMT 12:03 2017 Wednesday ,22 March

Kuwait to mark World Water Day

GMT 15:00 2017 Wednesday ,27 September

HM King receives invitation from Egyptian President

GMT 02:45 2017 Tuesday ,05 December

President Bashir arrives in Chad

GMT 02:45 2017 Wednesday ,16 August

Turkmen President Visits Pakistan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday