The Joint Statement issued after the recent summit meeting between Japan’s Prime Minister Shinzo Abe and Indian Prime Minister Narendra Modi reiterated the resolve of the two countries to “develop industrial corridors and industrial network for the growth of Asia and Africa.” India-Japan economic engagement of Africa, under the rubric of Asia Africa Growth Corridor (AAGC), is based on the recognition that the locus of global economic activities is increasingly shifting towards the Indo-Pacific region. India and Japan as two democracies and robust economies are working together to shape the economic, political and security architecture of the Indo-Pacific region. The AAGC is a natural outcome of the evolving strategic partnership between India and Japan.
