Gabon’s First Agri-SEZ Project

Gabon’s First Agri-SEZ Project

• The Union Minister of Education and Skill Development and Entrepreneurship officially started Gabon’s first Agri- SEZ (Special Economic Zone) project. The project will be implemented by AOM group with Centurion University as the technical and knowledge partner.
• In the first phase of the program, 30 farmers and 20 B.Sc./M.Sc. Agri and B.Tech/M.Tech Engineering students from Gajapati district, which is an Aspirational district of Odisha, India. will be travelling together as agri-technical and technical consultants for the agriculture SEZ in Gabon which is being developed under this project.
• Anti-colonial solidarity, diasporic goodwill, and the principle of ‘South-South’ cooperation, among others, are playing a significant role in strengthening the partnership between India and the African continent.

Practice Questions for Prelims

Areas which are engines for economic growth supported by quality infrastructure and complemented by an attractive fiscal package are known as:

a) Export Processing Zones
b) Duty Free Tariff Zones
c) Special Economic Zones
d) Technology Parks

Ans. c)

Mains Practice Question

“Reforming the 16-year old SEZ Act will boost exports, enhance competitiveness and remove anomalies in Special Economic Zones”. Comment.

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