Why India to Europe trade corridor is stalling even as talks continue

Published 4 hours ago
Source: scmp.com
Why India to Europe trade corridor is stalling even as talks continue
Discussions on the India–Middle East–Europe Economic Corridor (IMEC) are being revived by some of its founders even as questions persist over the political will to implement the ambitious project, with analysts saying the Gaza situation is a key hurdle in hampering progress. Unveiled in 2023, IMEC is positioned as a single economic artery connecting South Asia, the Middle East and Europe through shipping lanes, railways, energy pipelines and high-speed data cables running via the Gulf. Planners...