Patterns of Africa-Asia trade and investment: potential for ownership and partnership

Toshihiro Toyoshima, Yutaka Yoshino, Chad Leechor

2004 · 18 citations · 0 references

Concepts

Abstract

The main objective of this report is to build a basic understanding of the potential of Africa-Asia trade and investment relations. The importance of South-South trade has been recognized for some time; however, there has been no in-depth study conducted specifically on Africa-Asia trade relations to date. Two major reasons why little research attention has been paid to this issue are the lack of available data and the relatively small size of the trade flows between the two regions. Furthermore, Africans have historically tended to view trade with European countries as more important than trade with other regions. It is only since the introduction of the African Growth and Opportunity Act (AGOA) in 2000 that the United States has begun to receive the continent's attention as a potential trade partner.