|
Dany Salman
On September 9, 2023, at the G20 summit in New Delhi, the India-Middle East-Europe Economic Corridor (IMEC) was announced as a transformative project for regional connectivity in the Middle East and a trade link between India and Europe. Members of this project in the Middle East included the United Arab Emirates, Saudi Arabia, Jordan, and Israel. The project was a U.S. initiative to counter China's Belt and Road Initiative (BRI), aimed at linking the region through a series of rail lines, shipping lanes, and digital cables. Notably, IMEC opted to utilize Israel’s Haifa port as the final Middle Eastern destination before Europe, giving it a considerable position as a logistics transit hub in the project.
0 Comments
|
RSS Feed