Friday, October 23, 2020

Japan/India Growth Corridor Fails to Compete with China's Belt and Road Initiative

 The French Institute of International Affairs published on 19 October 2020 a study titled "Should We Forget about the Asia-Africa Growth Corridor?" by Takuya Taniguchi.  

Three years ago, Japan and India launched the Asia-Africa Growth Corridor (AAGC), which looked like an attractive alternative to China's Belt and Road Initiative.  The author concludes that the AAGC has no significant achievements and has almost been forgotten.  The AAGC was a vision document that contained no concrete implementation plans.