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, making quality infrastructure investments, and creating a better future. Jointly announcing the economic corridor project with PM Modi, Joe Biden said he was proud to announce that they have finalised a "historic agreement" for the new India-Middle East-Europe Economic Corridor. India-Middle East-Europe corridor an alternative to China's Belt and Road initiative The new economic corridor was jointly announced by India, United States, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union on the sidelines of the G20 summit.

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