The ldquo Asia Africa Growth Corridor rdquo recently in the news was proposed by India and 1 The Afr...........

International Affairs International Institutions

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The “Asia Africa Growth Corridor”, recently in the news, was proposed by India and

1. The African Development Bank

2. Japan

3. United States of America

Select the correct answer using the code given below:

1 only

2 and 3 only

2 only

1, 2 and 3

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Explanation:

? The Indian and Japanese governments recently (May, 2017) unveiled a vision document for the Asia Africa Growth Corridor, proposed by the two countries’ Prime Ministers last November.
? Unlike China’s One Belt One Road (OBOR) project, about which India has raised several concerns, the Asia Africa Growth Corridor is conceived as a more open and inclusive programme that will be based on more consultations and keep people as the centre piece rather than just trade and economic ties, said officials who worked on the vision document.
? The vision document proposes four key elements that leverage the strengths of India and Japan – enhancing capacity and skills; building quality infrastructure and connecting institutions; development and cooperation projects in health, farming, manufacturing and disaster management; and people-to-people partnerships.