Should We Forget about the Asia-Africa Growth Corridor?
Note: This article was originally published by IFRI on 19 October 2020. ERIA was mentioned.
It attracted a lot of attention since it looked like an alternative to China’s Belt and Road Initiative (BRI). The vision contains an attractive grand design from both business and geopolitical perspectives. However, in 2020, there is no outstanding achievement regarding AAGC. This paper provides an assessment of the AAGC and suggests explanations for its failure to produce any concrete achievements. Despite the slow progress so far, this author argues that the AAGC is a concept worth redesigning and reviving in order to uphold the Japan-India expanding cooperation.
Click to read the article in IFRI