Quest-The Journal of UGC-HRDC Nainital
  • Year: 2021
  • Volume: 15
  • Issue: 1to3

Economic Engagements through Blue Economy: Exploring India-Africa Relations

Assistant Professor of Political Science, HMM College for Women, Dakshineswar, Kolkata-700035, West Bengal, India

Online Published on 20 October, 2022.

Abstract

The paper examines the economic engagement between India and Africa on grounds of blue economy initiatives undertaken by India and other African countries; and prospects of strengthening economic cooperation through blue economy, and the China factor. Blue Economy provides an extensive framework for cooperation in the field of Ocean Economy between India and African continent, and for sustainable development. It will usher in exploration in the field of marine resources, green tourism, fisheries, research and development of ocean technology, exchange of experts, food security, enhanced trade and investment, better maritime connectivity, underwater energy, aquatic ecosystem, seaweed culture and other related activities. Better connectivity at the domestic level and with international markets for export and import of goods. It has both economic and strategic connotation s. Settlement of maritime boundary disputes and the propagation of potentials of blue economy prospects will lead India and African nations toward economic growth. China’s heavy involvement in this field is a pressure factor for India.

Keywords

Blue economy, Economic cooperation, Regional security, Strategic cooperation, China factor