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 corridor. Termed the "Northern Corridor," the final maritime segment will connect the Haifa port to Greece's Piraeus port, establishing a direct route to Europe, Sitharaman stated. Economic Integration and Geopolitical Challenges IMEC's significance lies in fostering a cost-effective cross-border transit network that supplements existing transport modes, fostering trade, and linking South Asia, West Asia, Europe, and the Middle East.

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History of this topic

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 …

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, …

A revival of the IMEC idea amid choppy geopolitics
11 months ago

A revival of the IMEC idea amid choppy geopolitics

The Hindu  

The Yemen conflict has seen an alarming erosion in the shipping industry’s confidence in the Suez Canal continuing to be the backbone of east-west trade. Critics of IMEC say the Arab Street would simply not allow any major trade link between Saudi Arabia and Israel many years after the Gaza war ends. Rail projects such as Etihad Rail and the …

Port control is crucial to national security
11 months, 3 weeks ago

Port control is crucial to national security

Hindustan Times  

Historically, ports have played a crucial role in trade, development, food, transportation of armies, and blocking supplies. Foreign ownership of ports by rival nations and having military bases raise obvious security worries, but also concerns about submarine communications cables that are vital to maintaining commerce – the last mile of the cable and its landing station are often located near …

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 …

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, …

Progress on India-Middle East-Europe Economic Corridor could be one of the reasons for Hamas attack on Israel: Biden
1 year, 1 month ago

Progress on India-Middle East-Europe Economic Corridor could be one of the reasons for Hamas attack on Israel: Biden

Firstpost  

“I’m convinced one of the reasons Hamas attacked when they did, and I have no proof of this, just my instinct tells me, is because of the progress we were making towards regional integration for Israel, and regional integration overall. We can’t leave that work behind,” Biden said US President Joe Biden has said that he is convinced that one …

Escalation of Israel-Hamas war could hit corridor plans
1 year, 2 months ago

Escalation of Israel-Hamas war could hit corridor plans

Live Mint  

NEW DELHI : Israel’s declaration of war on Hamas in response to attacks on its territory may cloud New Delhi’s ambitious plans to build an India-Middle East-Europe economic corridor, Indian exporters and trade experts said. Fears are growing in the Indian capital that the war could drive insurance premiums and shipping costs higher as was seen on the trade routes …

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 …

India-Middle East-Europe Corridor Will be Trade Hub in Future, says PM Modi
1 year, 2 months ago

India-Middle East-Europe Corridor Will be Trade Hub in Future, says PM Modi

Deccan Chronicle  

New Delhi: Prime Minister Narendra Modi, during his monthly radio broadcast 'Mann ki Baat' on Sunday, emphasised the significance of the India-Middle East-Europe corridor in global trade and its Indian origin. "The India-Middle East-Europe corridor is poised to become the foundation of world trade for centuries to come, and history will always acknowledge that it was initiated on Indian soil," …

India-Middle East-Europe corridor will become future basis of world trade: PM Modi
1 year, 3 months ago

India-Middle East-Europe corridor will become future basis of world trade: PM Modi

Hindustan Times  

Prime Minister Narendra Modi asserted on Sunday that the India-Middle East-Europe corridor will become a basis of world trade for the coming centuries and history will remember that it was envisioned in India. In his monthly Mann ki Baat broadcast, Modi recalled the "Silk route", an ancient trade corridor used by India when it was a prosperous and great trading …

‘India-Middle East-Europe corridor will become basis of world trade’: PM Modi
1 year, 3 months ago

‘India-Middle East-Europe corridor will become basis of world trade’: PM Modi

Live Mint  

Prime Minister Narendra Modi on Sunday addressed the nation with 108th episode of his monthly radio programme -Mann Ki Baat. PM Modi said, "I have got the opportunity to share with you all, the success of the country, the success of the countrymen; their inspiring life journey". Speaking about the India-Middle East-Europe Economic Corridor, PM Modi said, "This corridor is …

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 …

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-Middle East-Europe corridor, AU in G20: Big hits of G20 Summit Day 1
1 year, 3 months ago

India-Middle East-Europe corridor, AU in G20: Big hits of G20 Summit Day 1

Firstpost  

It was a highly successful first day of the G20 Summit. Addressing the world leaders at Bharat Mandapam in Pragati Maidan today, Prime Minister Narendra Modi said in his opening remarks that India’s G20 presidency was “a symbol of inclusion, of ‘sabka saath’ both inside and outside the country.” He also called on the world to turn “global trust deficit …

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 …

Business News Highlights: India Launches India-Middle East- Europe Economic Corridor At G20
1 year, 3 months ago

Business News Highlights: India Launches India-Middle East- Europe Economic Corridor At G20

ABP News  

Business News Highlights: Hello and welcome to ABP Live's Business LIVE blog. New Delhi is all set to host the 18th G20 Leaders Summit from September 8 to 10, welcoming over 25 world leaders and various delegates at the Pragati Maidan venue. On Saturday, the global leaders will convene at Bharat Mandapam in New Delhi, where they will join Prime …

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 …

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: 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. …

How India-Arab-Mediterranean Corridor stands up to China's expansionist BRI programme
2 years, 3 months ago

How India-Arab-Mediterranean Corridor stands up to China's expansionist BRI programme

Firstpost  

The India-Arab-Mediterranean corridor has driven the prominent stakeholders to chart the course of economic cooperation and trade partnership in the manufacturing, food production and processing sectors among others The India-Arab-Mediterranean corridor is the most ambitious project that adds a new dimension to its geo-economic imagination. This corridor links India, UAE, Saudi Arabia, Jordan, Israel, and Greece through renewed infrastructure diplomacy …

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