The future of the IMEC hinges on stable West Asia
1 year, 1 month ago

The future of the IMEC hinges on stable West Asia

Hindustan Times  

On the sidelines of the G20 Leaders’ Summit in New Delhi in September, Prime Minister Narendra Modi announced the India-Middle East-Europe Economic Corridor, a planned new trade route running from India to Europe. Involving Saudi Arabia, the United Arab Emirates, France, Germany, Italy, the European Union, and the United States in addition to India, IMEC aims to build trade and infrastructural networks and foster economic development and connectivity among these nations. US President Joe Biden, Saudi Arabian PM and Crown Prince Mohammed bin Salman and PM Narendra Modi seen during the launch of the India-Middle East-Europe economic corridor. BIMSTEC, an economic corridor created to foster socioeconomic growth in the Bay of Bengal region in the wake of the failed South Asian Association for Regional Cooperation, has been largely unsuccessful due to its inability to produce a Free Trade Agreement.

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History of this topic

EAM Jaishankar Calls For 'De-Risking' As West Asia Conflict Disrupts Trade Flow
3 months, 2 weeks ago

EAM Jaishankar Calls For 'De-Risking' As West Asia Conflict Disrupts Trade Flow

ABP News  

New Delhi: The disruptions in crucial shipping routes and trade flows triggered by the ongoing conflict in West Asia strengthened the case for de-risking, External Affairs Minister S Jaishankar said on Friday. In an address at an India-Mediterranean business conclave, Jaishankar, referring to the proposed India-Middle East-Europe Economic Corridor, said it aims to become a "cornerstone of global connectivity". "Disruptions …

Impact of Gaza War on IMEC corridor too soon to know, says White House
4 months, 4 weeks ago

Impact of Gaza War on IMEC corridor too soon to know, says White House

ABP News  

Washington, Jul 26 : The impact of the Gaza war on the India-Middle East-Europe Economic Corridor, an ambitious initiative of US President Joe Biden, that creates an economic corridor from India to Europe via the Middle East is too early to know, the White House said on Thursday. The president's absolutely still committed to it,” White House National Security Communications …

India-backed IMEC will be Game-Changer of 21st Century: Murmu
5 months, 3 weeks ago

India-backed IMEC will be Game-Changer of 21st Century: Murmu

Deccan Chronicle  

New Delhi: The India-Middle East-Europe Economic Corridor will prove to be one of the "biggest game-changers" of the 21st century, President Droupadi Murmu said in Parliament on Thursday. Murmu also said that the global order is taking a "new shape" and that the government's efforts are resulting in "Bharat" giving new confidence to the world as a "Vishwa-Bandhu". Outlining the …

G7 leaders provide big boost to PM Modi, commit to promoting India-Middle East-Europe Economic Corridor
6 months, 1 week ago

G7 leaders provide big boost to PM Modi, commit to promoting India-Middle East-Europe Economic Corridor

India TV News  

G7 Summit 2024: In a big win for Prime Minister Narendra Modi, the leaders of the Group of Seven nations have committed to promoting concrete infrastructure initiatives such as the India-Middle East-Europe Economic Corridor in the G7 Summit Communique issued at the end of the three-day G7 Summit. “We will further promote concrete G7 PGII initiatives, flagship projects, and complementary …

Indian delegation holds talks with key entities in UAE on IMEEC
7 months ago

Indian delegation holds talks with key entities in UAE on IMEEC

The Hindu  

An inter-ministerial Indian delegation on the framework agreement on the India-Middle East-Europe Economic Corridor has visited the UAE for the first time to hold discussions with the key entities there on cooperation for the empowerment and operation of the strategically vital project. The visit, which took place within three months of signing the Agreement, reflects the importance both governments attach …

Matter of concern: EAM Jaishankar on delay in IMEC implementation in view of situation in West Asia
7 months, 1 week ago

Matter of concern: EAM Jaishankar on delay in IMEC implementation in view of situation in West Asia

The Hindu  

The delay in implementation of the India-Middle East-Europe Economic Corridor in view of the current situation in West Asia is a matter of "concern" and the expectation generated following firming up of the initiative in September last has to be "adjusted" a bit now, External Affairs Minister S. Jaishankar has said. In an exclusive interview to PTI, Mr. Jaishankar said …

Matter of concern: EAM Jaishankar on delay in IMEC implementation in view of situation in West Asia
7 months, 1 week ago

Matter of concern: EAM Jaishankar on delay in IMEC implementation in view of situation in West Asia

Hindustan Times  

New Delhi, The delay in implementation of the India-Middle East-Europe Economic Corridor in view of the current situation in West Asia is a matter of "concern" and the expectation generated following firming up of the initiative in September last has to be "adjusted" a bit now, External Affairs Minister S Jaishankar has said. Matter of concern: EAM Jaishankar on delay …

India, UAE Sign Pact To Operationalise India-Middle East-Europe Corridor
10 months, 1 week ago

India, UAE Sign Pact To Operationalise India-Middle East-Europe Corridor

ABP News  

Coinciding with Prime Minister Narendra Modi’s visit to the Gulf region, India and the UAE have inked a pact for quickly operationalising the ambitious India-Middle East-Europe Economic Corridor despite the repeated Houthi strikes on vessels in the Red Sea prompted by the Israel-Hamas war. The India-Middle East-Europe Economic Corridor, which will connect India, the United Arab Emirates, Saudi Arabia, Jordan, …

Budget 2024: What is 'game-changing' India-Middle East-Europe corridor? Here's all you need to know
10 months, 3 weeks ago

Budget 2024: What is 'game-changing' India-Middle East-Europe corridor? Here's all you need to know

India TV News  

The India-Middle East-Europe trade corridor, announced during the G20 Summit last year, will be a game-changer for India and the rest of the world, said finance minister Nirmala Sitharaman in her budget speech. Prime Minister Narendra Modi announced the launch of the economic corridor in September 2023, which involves India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany, …

IMEC a ‘win-win situation’ for all States involved, not without its geopolitical challenges: FM
1 year, 1 month ago

IMEC a ‘win-win situation’ for all States involved, not without its geopolitical challenges: FM

The Hindu  

The India-Middle East-Europe Economic Corridor is a “win-win situation” for all states involved, Finance Minister Nirmala Sitharaman said here on Wednesday, while highlighting that the project is “not without its geopolitical challenges”. Navy Chief Admiral R. Hari Kumar said the fragile security situation in the South China Sea, in addition to “violations” of established Codes of Conduct or Confidence-Building Measures, …

India-Middle East-Europe Corridor is ‘promising’, says FM Nirmala Sitharaman
1 year, 1 month ago

India-Middle East-Europe Corridor is ‘promising’, says FM Nirmala Sitharaman

Live Mint  

Union Finance Minister Nirmala Sitharaman announced "promising prospects" of the India-Middle East-Europe Connectivity Corridor, while addressing the Indo-Pacific Regional Dialogue 2023 on November 15 in New Delhi, ANI reported. Key Highlights of the IMEC Project Sitharaman detailed that the IMEC inked during India's G20 Presidency at the 18th G20 Summit in New Delhi on September 9-10, is a multi-modal economic …

India-Middle East-Europe Economic Corridor: A passage of possibilities
1 year, 2 months ago

India-Middle East-Europe Economic Corridor: A passage of possibilities

The Hindu  

Published : Oct 05, 2023 11:00 IST - 12 MINS READ A guide on the banks of the Dardanelles in Çanakkale, some 300 km west of the Turkish metropolis of Istanbul, tells excited visitors that they are on an ancient route connecting Asia and Africa with Europe. Thousands of kilometres from India, a corridor that is supposed to connect Alexander’s …

An economic corridor, the Israel link and the geopolitics
1 year, 2 months ago

An economic corridor, the Israel link and the geopolitics

The Hindu  

The 2023 summit of the G-20 under India’s presidency went exceptionally well given the group’s limited economic approach to the complex issues that the world faces, from climate change and underdevelopment, wealth concentration and poverty and, most critically for our times, falling democratic norms and principles of peace. India’s remarkable success at the summit this year, in early September, was …

Shaping the 21st century world order: India, UAE and Saudi Arabia's strategic alliance
1 year, 3 months ago

Shaping the 21st century world order: India, UAE and Saudi Arabia's strategic alliance

Firstpost  

The India-Middle East-Europe Economic Corridor, with its focus on clean energy and efficient trade, embodies a forward-looking approach to international relations In an era marked by swift transformations and ever-evolving global geopolitical dynamics, the role of strategic alliances among nations becomes pivotal in shaping the world stage. Saudi Arabia’s ambitious “Vision 2030” and India’s recognition of Saudi Arabia’s economic and …

Biden lauds India-Middle East-Europe Economic Corridor at UNGA: 'Will spur opportunities for investment'
1 year, 3 months ago

Biden lauds India-Middle East-Europe Economic Corridor at UNGA: 'Will spur opportunities for investment'

India TV News  

US President Joe Biden lauded the India-Middle East-Europe Economic Corridor and said the project will spur opportunities for investment across two continents. While highlighting US efforts to maximize collective investment to deliver consequential results across multiple countries and multiple sectors, Biden made reference to the rail port project and added, "It demonstrates how Israel's greater normalization and economic connection with …

Is India-Middle East-Europe Corridor Truly A Threat To Chinese BRI?
1 year, 3 months ago

Is India-Middle East-Europe Corridor Truly A Threat To Chinese BRI?

ABP News  

The Middle East is witnessing a paradigm change in their world as old foes are turning into friends, and hitherto unthinkable political alliances are rapidly changing the region's economic equations. Announced on the sidelines of the G20 Leaders' Summit held in New Delhi on September 9-10, the IMEC presents a possible threat to China's 'Belt and Road Initiative', or the …

India-Middle East-EU corridor to have multiple routes, but hurdles remain
1 year, 3 months ago

India-Middle East-EU corridor to have multiple routes, but hurdles remain

The Hindu  

September 16, 2023 10:01 pm | Updated September 17, 2023 07:37 am IST - New Delhi Days after India, U.S., Saudi Arabia, UAE and other countries launched the India-Middle East-Europe Economic Corridor, officials said many of the details are still being ironed out, and multiple route options are being considered that will include ports like Haifa in Israel and Piraeus …

What purpose does the India-Middle East-Europe Economic Corridor (IMEC) serve? | Explained
1 year, 3 months ago

What purpose does the India-Middle East-Europe Economic Corridor (IMEC) serve? | Explained

The Hindu  

The story so far: At a special event on the sidelines of the recently concluded G20 summit in New Delhi, a memorandum of understanding was signed to establish the ‘India-Middle East- Europe Economic Corridor’. Ms. von der Leyen, President of the European Commission, said the corridor was “more than ‘just’ a railway or a cable, it is a green and …

IMEC will reshape global trading routes, says G20 Sherpa Amitabh Kant
1 year, 3 months ago

IMEC will reshape global trading routes, says G20 Sherpa Amitabh Kant

Hindustan Times  

The India-Middle East-Europe economic corridor can be labelled as a green and digital bridge connecting continents and civilizations, says Amitabh Kant, India’s G20 Sherpa. IMEC, a rail and shipping corridor that will connect India to Europe through West Asia, has the potential to have a long term impact to deepen physical connectivity, unlock tremendous commercial opportunities, set new standards in …

Putin praises PM Modi's 'Make in India' initiative, reacts to India-Middle East-Europe Economic Corridor'
1 year, 3 months ago

Putin praises PM Modi's 'Make in India' initiative, reacts to India-Middle East-Europe Economic Corridor'

India TV News  

Russian President Vladimir Putin has praised Prime Minister Narendra Modi's 'Make in India' initiative and said Russia can emulate the success stories of its partners like India in promoting the growth of its domestic industries. PM Modi is doing the right thing: Putin Prime Minister Modi launched the "Make in India" campaign in 2014 to facilitate investment, foster innovation, enhance …

G20 Summit | New Economic Corridor and Biofuel Alliance: Show or Substance?
1 year, 3 months ago

G20 Summit | New Economic Corridor and Biofuel Alliance: Show or Substance?

The Quint  

The IMEC was launched in the presence of the leaders of the US, European Union, France, Germany, Italy, Mauritius, UAE, and Saudi Arabia, as well as the World Bank. An MOU on IMEC was also signed by India, the US, Saudi Arabia, UAE, the European Union, Italy, France, and Germany; details not disclosed yet. The IMEC will comprise an ‘Eastern …

DC Edit | All roads to the world lead from Modi's India
1 year, 3 months ago

DC Edit | All roads to the world lead from Modi's India

Deccan Chronicle  

Given the year-long hype and perception build up ahead of the recently concluded Group of 20 meeting and a host of leaders who arrived in New Delhi, it was no surprise the photograph of Prime Minister Narendra Modi, United States President Joe Biden and Saudi Arabia’s crown prince Mohammed bin Salman Al Saud shaking hands caught the world’s attention. During …

G20 Summit 2023 Economic Corridor India-Middle East-Europe Global Supply Chain EEPC India Chairman
1 year, 3 months ago

G20 Summit 2023 Economic Corridor India-Middle East-Europe Global Supply Chain EEPC India Chairman

ABP News  

The India-Middle East-Europe Economic Corridor will provide huge momentum to global trade, the Engineering Exports Promotion Council India said on Monday. The chairman noted that the Middle East and Europe are major markets for the Indian engineering exports sector, and a transport structure of this huge scale will help boost the competitiveness globally. In the G20 Summit 2023 on September …

With India’s Massive G20 Success, PM Modi has Created an Unparalleled Global Legacy - News18
1 year, 3 months ago

With India’s Massive G20 Success, PM Modi has Created an Unparalleled Global Legacy - News18

News 18  

First and foremost, India has emerged as the strongest voice of the Global South. If one were to examine some of the salient points of IMEE EC: Two separate corridors — the East corridor connecting India to West Asia and the Northern corridor connecting West Asia to Europe. PM Modi’s leadership has bridged the trust deficit that had risen in …

India to gain significantly from the India – Middle East – Europe Economic Corridor
1 year, 3 months ago

India to gain significantly from the India – Middle East – Europe Economic Corridor

Op India  

On Saturday, 9th September 2023, a groundbreaking agreement was unveiled during the ongoing G20 Summit in Delhi, announcing a rail and shipping corridor from India to Europe via the middle east. Multiple countries signed the MoU India, the United States, the United Arab Emirates, Saudi Arabia, France, Germany, Italy, and the European Union Commission have jointly signed a Memorandum of …

Project connecting India to Europe via Middle East 'largest cooperation project' in history: Netanyahu
1 year, 3 months ago

Project connecting India to Europe via Middle East 'largest cooperation project' in history: Netanyahu

ABP News  

Welcoming the announcement of the ambitious India-Middle East-Europe Economic Corridor, Israeli Prime Minister Benjamin Netanyahu has described it as the "largest cooperation project in our history" that will "change the face of the Middle East, Israel, and will affect the entire world". "I welcome the statement that was released today by the United States, India, Saudi Arabia, the UAE and …

India-Middle East-Europe Economic Corridor: An answer to China's belt and road
1 year, 3 months ago

India-Middle East-Europe Economic Corridor: An answer to China's belt and road

India Today  

Prime Minister Narendra Modi hailed it as "a testament to human endeavor and unity across continents," while US President Joe Biden deemed it "a real big deal." Leaders from India, the United States, Saudi Arabia, the United Arab Emirates, France, Germany, Italy, and the European Union have jointly unveiled a Memorandum of Understanding that directly challenges China's expansive Belt and …

US President Joe Biden lauds India-Middle East-Europe connectivity corridor
1 year, 3 months ago

US President Joe Biden lauds India-Middle East-Europe connectivity corridor

Op India  

Terming the announcement of a mega India-Middle East-Europe shipping and railway connectivity corridor as ” a real big deal” US President Joe Biden expressed that in the next decade, the partner countries will address infrastructure gaps across low-middle-income countries to maximize investments in economic corridors.” India, the United States, Saudi Arabia and the European Union announced a historic agreement to …

India, UAE, US, Saudi and EU Announce Connectivity Corridor Joining West Asia, Europe to South Asia
1 year, 3 months ago

India, UAE, US, Saudi and EU Announce Connectivity Corridor Joining West Asia, Europe to South Asia

News 18  

The leaders of India, Saudi Arabia, the UAE, EU, France, Italy, Germany and the United States announced a major joint infrastructure deal on Saturday which will connect West Asia and Gulf nations via a network of railways and then connect that with India through shipping lanes from ports in the region, people familiar with the developments said. https://t.co/Ez9sbdY49W— Narendra Modi …

G20 Summit: US, India, UAE, Saudi to finalise Middle-East shipping, railway deal
1 year, 3 months ago

G20 Summit: US, India, UAE, Saudi to finalise Middle-East shipping, railway deal

Live Mint  

New Delhi: India, the US, United Arab Emirates, and Saudi Arabia are set to unveil an agreement to build shipping and railway links that will link Europe and the Middle-East to India, said American officials. "First and foremost, it is the value proposition we see in linking these three regions of the world and enabling the flow of commerce, energy …

India-Middle East-Europe 'historic' economic corridor announced at G20 Summit | What you should know
1 year, 3 months ago

India-Middle East-Europe 'historic' economic corridor announced at G20 Summit | What you should know

India TV News  

G20 Summit: Prime Minister Narendra Modi, US President Joe Biden, Dubai Crown Prince Mohammad Bin Salman among other leaders jointly announced India-UAE-Europe economic corridor including railways and shipping links to boost economic activity in the region. United States President Joe Biden termed the new economic corridor a 'big deal' adding that it was focused on building a sustainable, resilient infrastructure, …

G20 summit: Transport project to link India to Middle East, Europe unveiled
1 year, 3 months ago

G20 summit: Transport project to link India to Middle East, Europe unveiled

Al Jazeera  

The ambitious rail and shipping project announced on the sidelines of G20 summit in New Delhi is seen as a challenge to China’s economic clout. A multinational rail and shipping project linking India with the Middle East and Europe has been announced on the sidelines of the G20 summit in New Delhi in a step seen as a challenge to …

G20 Summit: PM Modi stresses on respecting territorial integrity of all nations in connectivity initiatives
1 year, 3 months ago

G20 Summit: PM Modi stresses on respecting territorial integrity of all nations in connectivity initiatives

India TV News  

G20 Summit: Prime Minister Narendra Modi, US President Joe Biden, other leaders on Saturday jointly announced India-Middle East-Europe economic corridor to boost business activity in the region on the sidelines of the G20 Summit in New Delhi. Speaking on the India-Middle East-Europe economic corridor, Prime Minister Narendra Modi said that a strong connectivity and infrastructure are fundamental basis for the …

India, US, Saudi Arabia discuss infrastructure deal involving railroads and ports: Sources
1 year, 3 months ago

India, US, Saudi Arabia discuss infrastructure deal involving railroads and ports: Sources

India TV News  

The leaders of India, the United States, Saudi Arabia and a few other nations are in talks on a possible infrastructure deal involving railroads and ports, Reuters reported citing sources. According to sources privy to the development, the deal could reconfigure trade between the Gulf and South Asia, linking Middle Eastern countries by railways and connecting to India by port. …

India, US plans ambitious Middle East project to counter China’s growing influence
1 year, 7 months ago

India, US plans ambitious Middle East project to counter China’s growing influence

Firstpost  

India is preparing an enormous connectivity project that would connect New Delhi to the Middle East in an effort to challenge China’s influence in the Gulf. according to a report by ‘Foreign Policy’, given the significant commercial ties that the UAE and Israel share with China, the I2U2 group — a relatively new vehicle for US-India collaboration in the Middle …

Imran Khan To Seek Xi’s Help To Revive CPEC, Dwindling Economy
2 years, 10 months ago

Imran Khan To Seek Xi’s Help To Revive CPEC, Dwindling Economy

News 18  

Pakistan prime minister Imran Khan will aim to revive the China-Pakistan Economic Corri­dor project during his meeting with Chinese president Xi Jinping which is scheduled to be held later this week, according to a report by Pakistan news agency Dawn. Pakistan finance minister Shaukat Tarin said Imran will ask Xi to relocate Chinese industries to Pakistan’s special economic zones. Pakistan …

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