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Japan proposes creation of Indian Ocean-Africa economic zone

Japan proposed on Wednesday the creation of a common economic zone spanning the Indian Ocean and Africa to harness the economic potential of the continent, where China is increasing its influence.

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The proposal was presented by Japanese Prime Minister Shigeru Ishiba at the opening of the ninth Tokyo International Conference on African Development (TICAD) in Yokohama, south of the capital, co-chaired by Japan and Angola.

"We will strengthen regional connectivity and build a free and fair economic zone," Ishiba declared.

Ishiba also proposed launching a framework for governments, industries, and academia to promote free trade in Africa, reported the Nikkei business newspaper.

During the three-day forum, the Japanese government is expected to announce a collaboration program with a postgraduate research laboratory at the University of Tokyo, the Japan International Cooperation Agency, and African universities.

The goal is to train approximately 30,000 people in artificial intelligence (AI) over the next three years, according to Japanese media.

Representatives from approximately 50 countries and organizations are participating in the triennial conference, which focuses on discussions on economic cooperation with Japan, development aid, and the challenges facing Africa.

Organizers expect more than 10,000 participants this year, so extensive security has been implemented.

Traffic was closed off around the event venue on Tuesday to prevent disruptions and threats.

The debates at the ninth edition revolve around three pillars: peace and stability, economic issues, and social issues such as health, climate change, and youth talent exchange.

The "Yokohama Declaration" is scheduled for approval on Friday.

The conference's results are expected to be presented by the Japanese Prime Minister and President João Lourenço at a joint press conference.

TICAD is a Japanese government initiative that began in 1993. Its headquarters have been shared alternately with Tunisia, where the previous edition was held in 2022.

China has also hosted an African cooperation forum since 2000 and has progressively increased its participation and influence on the resource-rich continent, including with the New Silk Road project.

TICAD takes place at a time marked by the United States' aggressive tariff policy and a shift in international aid from Washington, which casts a shadow over the future of Africa's economy and development.

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