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India-Middle East-Europe economic corridor

  • 11/09/2023
  • The IMEC comprises an Eastern Corridor connecting India to the Gulf region and a Northern Corridor connecting the Gulf region to Europe. It will include a railway and ship-rail transit network and road transport routes.
  • The first-of-its-kind economic corridor will be a historic initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU, France, Italy, Germany, and the US.
  • G20 was spread over 60 cities and more than 220 meetings were held.
  • The parties also brought Israel and Jordan into the project. Saudi Arabia and Israel do not have diplomatic relations, though the USA has been pushing them toward normalizing relations.