The idea of Asia Africa Growth Corridor (AAGC) emerged in the joint declaration issued by Prime Minister Narendra Modi and Prime Minister Shinzo Abe in November 2016.
The Asia-Africa Growth Corridor or AAGC is an economic cooperation agreement between the governments of India and Japan.
It aims for Indo-Japanese collaboration to develop quality infrastructure in Africa, complemented by digital connectivity which would undertake the realization of the idea of creating free and open Indo-Pacific Region
The AAGC will deliberate on the following aspects:
Cooperation between Asia and Africa.
The synchronised growth of Asia-Africa for sustainable and innovative development.
The optimum linkages and cooperation among the sub-regions of Asia and Africa.