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Sunday, April 28, 2024

Could India-Middle East-Europe Economic Corridor be New Delhi’s answer to China’s BRI

“Landmark India-Middle East-Europe Economic Corridor could be New Delhi’s answer to China’s BRI”, India Narrative, September 9, 2023:

“Ushering in a new era of connectivity from Europe to Asia that will facilitate global trade, cooperation on energy and digital connectivity, India and the United States – along with partners Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union – announced the setting up of a landmark India-Middle East-Europe Economic Corridor on the sidelines of the G20 Leaders’ Summit in New Delhi on Saturday.

The colossal strategic infrastructure project that is seen by many analysts as an alternative to China’s controversial Belt and Road Initiative – also billed as the new Silk Road – was launched by Prime Minister Narendra Modi, US President Joe Biden, Saudi Arabian Crown Prince Mohammed bin Salman Al Saud and European Commission President Ursula von der Leyen at the G20 Leaders’ event on the Partnership for Global Infrastructure and Investment (PGII) in the Indian capital.

“Charting a journey of shared aspirations and dreams, the India-Middle East-Europe Economic Corridor promises to be a beacon of cooperation, innovation, and shared progress. As history unfolds, may this corridor be a testament to human endeavour and unity across continents,” tweeted PM Modi later in the evening….”

Read the full article at Indianarrative.com

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