. NEWS ITEM SYLLUBUS BACKGROUND IMPORTANT POINTS 1. Asian giants a) I.R a) India, China and a) Sixty years after the promise jobs, Japan relations Bandung Conference, China, trade (Page 12) Japan and India are opening b) Asian African their wallets to support Asia Conference and Africa - signalling how developmental economics has c) Bandung Conference upstaged the non-aligned doctrine that was the flavour of d) Chinas Silk Road the day in 1955. initiative b) At the Asian African Conference, Chinese President e) Asian Infrastructure Investment Bank (AIIB) Xi announced duty free access to 97 percent items produced in the Least Developing Countries f) Indias Act East that have diplomatic ties with policy China. g) India-Africa Forum c) He restated his countrys Summit focus on integrating and developing the economies of h) Trans-Pacific Eurasia under the Silk Road Partnership initiative. China has deployed a $40 billion Silk Road fund and i) Regional has played a leading role in Comprehensive Economic forming AIIB, which will be Partnership used to develop infrastructure along the Asian leg under the belt and road plan. d) At the summit, India also showed that it had fresh ideas to re-engage developing countries in Asia and Africa. External Affairs Minister Sushma noted in her address that considering they were part of its extended neighbourhood, India had launched the Act East policy towards Asia, complemented by the renewed Africa policy. e) India was also collectively engaging Africa under its
. NEWS ITEM SYLLUBUS BACKGROUND IMPORTANT POINTS 1. Asian giants promise jobs, trade (Page 12) a) I.R a) India, China and Japan relations b) Asian African Conference c) Bandung Conference d) Chinas Silk Road initiative e) Asian Infrastructure Investment Bank (AIIB) f) Indias Act East policy g) India-Africa Forum Summit h) Trans-Pacific Partnership i) Regional Comprehensive Economic Partnership a) Sixty years after the Bandung Conference, China, Japan and India are opening their wallets to support Asia and Africa - signalling how developmental economics has upstaged the non-aligned doctrine that was the flavour of the day in 1955. b) At the Asian African Conference, Chinese President Xi announced duty free access to 97 percent items produced in the Least Developing Countries that have diplomatic ties with China. c) He restated his countrys focus on integrating and developing the economies of Eurasia under the Silk Road initiative. China has deployed a $40 billion Silk Road fund and has played a leading role in forming AIIB, which will be used to develop infrastructure along the Asian leg under the belt and road plan. d) At the summit, India also showed that it had fresh ideas to re-engage developing countries in Asia and Africa. External Affairs Minister Sushma noted in her address that considering they were part of its extended neighbourhood, India had launched the Act East policy towards Asia, complemented by the renewed Africa policy. e) India was also collectively engaging Africa under its