About The India–Middle East–Europe Economic Corridor (IMEC) is a strategic initiative unveiled during the G20 Summit held in 2023 in New Delhi to enhance economic integration and connectivity between Asia, the Middle East, and Europe. The Memorandum of Understanding (MoU) …
What is IMEC? During the G20 Summit held in India last year, a Memorandum of Understanding (MoU) was signed among the Governments of India, the U.S., Saudi Arabia, the European Union, the UAE, France, Germany, and Italy to establish the …
Context: As the Red Sea crisis enters its fourth month, global supply chains are increasingly grappling with inflated freights, delayed vessel schedules, and product shortages. It has once again brought to the fore the vulnerabilities of global supply chains, highlighting …