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3) India has stepped up trade and investment in hydrocarbons in Africa, with nearly 17% of its total crude oil imports coming from Africa by 2016. Should India step up these petroleum-related foreign direct investment and trade relations with Africa? Discuss merits and demerits.

Topic:  Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests 

3) India has stepped up trade and investment in hydrocarbons in Africa, with nearly 17% of its total crude oil imports coming from Africa by 2016. Should India step up these petroleum-related foreign direct investment and trade relations with Africa? Discuss merits and demerits. (250 Words)

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