India and Japan are at the forefront of this movement, devising a mutual vision which could be labeled the ‘other’ New Silk Road. Just days after Xi Jinping’s epic Belt and Road Forum in May, India’s Prime Minister Modi unveiled a vision to counter the international ambitions of China at a meeting of the African Development Bank (AfDB) in Gujarat. Conceived during a meeting between Modi and Japan’s Prime Minister Abe in November 2016 and cobbled together by a crew of think tanks comes something dubbed the Asia-Africa Growth Corridor (AAGC). In other words, so India and Japan can better claim their respective slices of the pie. The AAGC is a potentially powerful module that plugs nicely into India and Japan’s other trans-continental interconnectivity and development endeavors.
Source: Forbes July 31, 2017 05:01 UTC