What Makes India-Middle East-Europe Economic Corridor A ‘Real Big Deal’? Can It Beat China’s BRI?
Автор: Times Now World | Времена сейчас, мир
Загружено: 2023-09-14
Просмотров: 390
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The leaders of India, Saudi Arabia, UAE, France, Germany, Italy, the United States, and the European Union (EU) announced a memorandum of understanding (MOU) on a new India-Middle East-Europe Economic Corridor (IMEC) to unlock the economic potential of the region. The mega rail-and-ship-link project is being seen as an alternative to China’s ambitious Belt and Road Initiative launched in 2013. While almost everyone agrees that IMEC has tremendous potential, how it will finally turn out depends on a variety of factors. What is IMEC all about? Should it compete with Beijing’s BRI? What are the challenges facing this multi-continental effort? Watch for details.
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