Why India-Middle East-EU connectivity corridor is important
India, US, Saudi Arabia and the European Union on Saturday announced a multinational rail and ports deal on the sidelines of the G20 summit with an aim to counter China's ambitious Belt and Road Initiative (BRI).The ambitious plan seeks to bolster trade between India, the Middle East as well as Europe and establish a modern-day Spice Route to bind regions that account for about a third of the global economy.
India, US, Saudi Arabia and the European Union on Saturday announced a multinational rail and ports deal on the sidelines of the G20 summit with an aim to counter China's ambitious Belt and Road Initiative (BRI).The ambitious plan seeks to bolster trade between India, the Middle East as well as Europe and establish a modern-day Spice Route to bind regions that account for about a third of the global economy.
What's Your Reaction?
