EU unveils Africa strategy to counter China, US interest

Image
AP Brussels
Last Updated : Mar 09 2020 | 9:16 PM IST

Concerned about the growing influence of China, Russia and the United States in close neighbour Africa, the European Union on Monday launched what it called a new comprehensive strategy for relations with a continent whose population is forecast to double by 2050.

Launching six months of consultations between the 27-nation bloc and African countries, the EU's executive commission said its strategy will focus on climate change, developing the computer-based digital economy, economic growth and employment, security and good governance and migration.

The EU hopes African leaders will sign on and endorse the strategy at a summit in Brussels in October.

EU trade in goods with Africa was worth 235 billion euros (USD 269 billion) in 2018, almost twice that of China's trade with Africa and around five times that of the United States. European foreign direct investment in 2017 stood at 222 billion euros (USD 254 billion), more than five times the figure for either of the other two major powers.

"We have no inferiority complex. We are involved, and we are going to continue to be and our presence will, without doubt, be accompanied by not just investment, but also the desire to be partners in the political, economic and cultural development" of Africa, EU foreign policy chief Josep Borrell said.

"It's about making progress in a shared partnership. I don't know if that's China's point of view," he said.

The strategy is short on detail and largely a list of political ambitions.

But Africa is a major source of unauthorized migrants entering Europe.

The section on migration underlines the need for better cooperation on the return to Africa of people not eligible to stay, and tighter border controls.

Northern Africa, and notably the Sahel region, has also proved fertile ground for extremist groups. The strategy aims to strengthen security cooperation and help solve long-term crises in countries like Libya, Mali or Somalia.

No new funds or security help were announced Monday.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 09 2020 | 9:16 PM IST

Next Story