India-Middle East-Europe Mega Economic Corridor Announced: Is This An Investible Idea? | CNBC TV18

Описание: Along with the G20 meet, US President Joe Biden, PM Modi and 10 other countries signed the India-Middle East-Europe Economic Corridor (IMEE-EC). Railway, port and construction company stocks are excited as under this initiative a network of rail lines in West Asia will connect India & Europe on either sides by sea. The intent of the IMEE-EC deal is to encourage more trade, provide green infra in emerging economies and to be counter to the Chinese Belt and Road initiative which had led to rising Chinese global influence.

The announcement of the Economic Corridor became a tailwind for Adani Ports on Monday since it has already acquired the strategic Israeli port of Haifa. But how much should we expect from this initiative & how quickly? Catch Latha Venkatesh in conversation with Navdeep Suri, former Ambassador & Distinguished Fellow at ORF, Rahul Chhabra, Ambassador & Former Secretary-Economic Relations and Somnath Mukherjea partner at ASK Wealth on whether the IMEE-EC is a game changing initiative. Listen in.


#indiamiddleeasteuropemegaeconomiccorridor #megainfrapact #chinabeltandroadinitiative #2023G20summit #2023newdehiG20summit #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday


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