India’s economic corridor to Europe via Saudi, UAE: a win for US, West Asia

News Snapshot:

September 11, 2023 During the G20 summit held in New Delhi on Saturday, a significant development unfolded as the United States, India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union introduced the India-Middle East-Europe Corridor, designed to stimulate economic development by fostering connectivity and economic integration between Asia, the Arabian Gulf and Europe. The IMEC represents a multimode transit corridor spanning over 3,000 miles and it consists of two corridors. The eastern corridor links India to the Arabian Gulf, while the northern corridor connects the Arabian Gulf to Europe. Upon its completion, as outlined in...