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Sep 20, 2023 · The IMEC is envisaged to respect the sovereignty of nations; unlike the BRI which is centrally designed, the IMEC is based on consultations with all concerned. The BRI is designed to serve China’s interests, while the IMEC is for the common benefit of all in the region.
Sep 9, 2023 · The IMEC comprises of an Eastern Corridor connecting India to the Gulf region and a Northern Corridor connecting the Gulf region to Europe. It will include a railway and ship-rail transit network and road transport routes. In his remarks, Prime Minister highlighted the importance of physical, digital and financial connectivity.
Oct 5, 2023 · IMEC, which has been conceived under the rubric of the PGII, once completed and operationalised successfully could emerge as a viable alternative model to the BRI as it is a transparent initiative, doesn’t result in an unsustainable debt burden, is economically viable, is not coercive, is environmentally sustainable and brings in job opportunities and new technologies for the host countries.
IMEC’s Road Ahead. As the global economic and geopolitical landscape undergoes a significant transformation in the 2020s, the intricate interplay of commerce, politics, and strategic ambitions ...
The IMEC therefore is another push by the Biden administration to get Israel and Saudi Arabia together, with this effort energised ever since China pulled off the coup of the century in bringing ...
Oct 21, 2023 · The India-Middle East-Europe Economic Corridor (IMEC), positioned as a modern-day Spice Route and as a weighty ideological alternative to China’s Belt and Road Initiative, was a challenging project to start off with, given the inherent logistical complexities of the multi-modal project and the prospect of navigating through the complex geopolitics of the West Asian region – a vital middle link.
