Africa today holds great economic allure for the major powers, which are looking to deepen their partnerships with it. India, which shares a rich past with the continent, has been adopting many measures to step up economic diplomacy in the region
India has hosted a plethora of India-Africa conferences, expressing commitment to deepen mutual cooperation. It is further expected that the president, vice president, and prime minister may visit Africa this year, to follow up actively. Indeed, a senior official predicts Africa will even become “the diplomatic flavour in 2016”. An analysis.
The U.S. is urging India to alter its IPR regime, and the potential impact on prices in the pharmaceuticals sector is of concern to African countries that depend on India for low-cost generic medicines. The recent India-Africa Forum Summit in New Delhi sought to address this issue, but it will be a challenge for India to balance competing pressures.
The third India-Africa Forum Summit this week in New Delhi may be the right opportunity for the Modi government to formulate a strong Africa policy, and hosting more than 50 heads of African states will give India a chance to deepen the relationship and open access to newer markets.
The Third India Africa Forum Summit is being held in New Delhi from October 26-29, 2015. The mood in Africa around the Summit is evident as, for the first time, all 54 countries have representations. Ambassador Neelam Deo, Director, Gateway House, talks to us about the Summit and the many elections currently underway in the continent.