About

• The India–Middle East–Europe Economic Corridor (IMEC) is a strategic initiative announced at the 2023 G20 Summit held in New Delhi to enhance economic integration and connectivity between Asia, the Middle East, and Europe.
  • The Memorandum of Understanding (MoU) for IMEC was signed by the leaders of India, European Union, France, Germany, Italy, Saudi Arabia, UAE and US. 
• IMEC is envisioned as a network of transportation routes encompassing railways and sea lanes. 

• The IMEC corridor hopes to become a viable alternative to China’s Belt and Road Initiative (BRI), which has steadily established global connectivity linkages with the Chinese market through extensive shipping, rail, and road networks, since its conception 10 years ago.