EAM takes a dig at China ‘debt trap’ policy at Japan-India-Africa forum
External Affairs Minister S Jaishankar on Wednesday criticised China’s ‘debt trap’ policy, emphasising that India prioritises ‘capacity-building’ and ‘skill development’ when investing in other countries.
Speaking at the Japan-India-Africa Business Forum, Jaishankar said, “India’s approach to Africa has always been guided by a deep-rooted commitment to building long-term, mutually beneficial partnerships.”
Without naming China, he contrasted India’s model with Beijing’s, stating, “Unlike extractive models of engagement, India focuses on capacity-building, skill development and technology transfer, ensuring African nations benefit from investments while fostering self-sustaining growth.”
Highlighting key initiatives such as the Indian Technical and Economic Cooperation (ITEC) programme, the Pan-African e-Network Project and High-Impact Community Development Projects (HICDPs), he noted that India has strengthened local capacities in education, healthcare and digital infrastructure across Africa.
India is Africa’s fourth-largest trading partner, with bilateral trade nearing $100 billion and growing steadily. It has invested over $12 billion in concessional credit and completed more than 200 infrastructure projects across the continent in railways, power generation, agriculture and water supply. Development initiatives in areas such as drinking water, irrigation, solar electrification, power plants, cement, sugar and textile factories and railway infrastructure have generated local employment and transformed lives.
Jaishankar said India’s deep-rooted engagement with Africa positions it as a natural bridge — both geographically and in the industrial value chain. As India continues rapid economic growth, it serves as an ideal hub for Japanese companies expanding into Africa and West Asia.
He highlighted the synergy between Japanese investments, India’s industrial base and digital expertise, and Africa’s talent and growing consumption, describing it as a win-win for all stakeholders.
India and Japan, he added, are strengthening bilateral ties while collaborating on Africa’s development and economic growth. Their partnership extends beyond infrastructure, technology, healthcare and education, with their engagement in the Quad — alongside the US and Australia — further reinforcing their commitment to global progress.