September 12, 2023
Among the significant achievements during the G20 Summit in New Delhi was the launch of the India–Middle East–Europe Economic Corridor (IMEC), an initiative seen as counter to Chinas ambitious infrastructure project - the Belt and Road Initiative (BRI). The IMEC, still in the conception and design stage, was jointly announced by India, the United States, Saudi Arabia, the United Arab Emirates, France, Germany, Italy, and the European Union. The corridor, which includes ports and rail network...