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India-Africa Relations - Coggle Diagram
India-Africa Relations
Background
South-South cooperation:
India shared its limited resources
Indian Technical and Economic Cooperation (ITEC)
Indian support for African Decolonization
India is now Africa’s third-largest trade partner
Common colonial rule and oppression
Importance of Africa for India
Trade Balance
Reform in global institutions with African support
Economic Growth
Investment opportunities for private sector
Resource rich region
Securing Indian Ocean
Reducing China’s increasing hegemony
Need for review of India’s foreign policy
Covid impact brought miseries to Africa
Africa needs financial assistance
No change in trade composition
Increased Chinese footprints
Declining trade and investment
Global competition for influence
Way forward
Collaborations in health, space and digital technologies
Counter-terrorism operations
Fresh grants and concessional loans
Review foreign policy in changing geopolitical realities