The Second India-US Dialogue on Africa was recently held in the U.S. to explore ways to develop institutional, technical, and bilateral synergies and share ideas for collaborative work in Africa.
Africa’s significance for India includes:
- Being a resource-rich continent, Africa has vast natural resources like oil, minerals, and metals, crucial for resource-deficient India.
- With a young and rapidly growing population, Africa serves as a significant market for Indian manufactured goods and services.
- Offering numerous investment opportunities for Indian companies in sectors like telecommunications, agriculture, and pharmaceuticals.
- Its strategic location near key maritime routes enhances its importance for India’s maritime security and trade.
- Africa’s role is vital in supporting India’s global ambitions, especially in seeking a more significant role in international forums like the UN Security Council
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