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India 's Investment In Africa Since The 21st Century

Posted on:2016-04-30Degree:MasterType:Thesis
Country:ChinaCandidate:Y ZhaiFull Text:PDF
GTID:2279330470456404Subject:International relations
Abstract/Summary:PDF Full Text Request
India is one of the large developing countries in the world, this country was maintaining political stability and still gathering momentum of economic development. In the same time, Africa already get rid of the chaos and turmoil since the last century, nowadays the fundamental peace has been promised, Africa countries has made significant progress in economic development because of its resource advantages. At present, India has already recognized that the-significance of Africa, and began to participate in Africa’s development process actively.From ancient times, India and East Africa have a long history of international contacts, those contacts make a profound impact on social development for both sides. Since the independent of African countries, India and Africa had an in-depth exchange and cooperation in many aspects such as political and military, economic and trade exchanges, Cultural Interaction. Since the21st century, India strengthen the cooperation with Africa. On the one hand, the government of India had reform its diplomatic institutions, on the other hand, India have established the India-Africa Forum summit to promote the all-round development of the relationship between India and Africa.Invest Africa is important content in the diplomatic relationship between India and Africa, it’s also the necessary means to improve economic development on both sides. India’s investment to Africa is dominated by the enterprise that called ’spontaneity’ investment model, Compared with government-led investment model, India’s investment in Africa is more sustainable and stable. India’s enterprises is based on Market-oriented policy, for one thing, India have increasing import of natural resources from Africa, for another, India improve the enterprise investment in Africa that will boost Africa’s development. In the same time, Indian companies takes advantage of network communication technology, help Africa countries developing their human resources, and then provide deep motivations for further development of Africa.
Keywords/Search Tags:India, Africa, Economic and Trade Relations, Investment
PDF Full Text Request
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