The path that leads to Europe: India-Middle East-Europe Economic Corridor (IMEC)
Holding the current Presidency of the Group of 20 or G 20, India under Prime Minister Narendra Modi’s able leadership has adopted a number of fresh initiatives to bolster ties with the leading economies of the world. The adoption of the New Delhi Leader’s Declaration has been making headlines since September 10. Another major initiative of the summit is the announcement of the mega India-Middle East-Europe Economic Corridor (IMEC). This article tries to reflect upon the various details of the proposed economic corridor and the major reasons behind announcing such a massive project.
