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Middle East turmoil halts the India-Middle East-Europe Economic Corridor
Posted on January 29, 2024 |
The conflict between Israel and Hamas disrupted the progress of the India-Middle East-Europe Economic Corridor (IMEC).
IMEC, a significant project supported by the US and its allies, faces challenges due to the ongoing war.
The project aimed to create new rail links across the Arabian Peninsula for economic and geopolitical reasons.
Efforts by the US and Europe to counter China's Belt and Road initiative encounter difficulties in gaining global support.
The Group of 7 countries engages in a "battle of offers," focusing on tangible infrastructure projects to enhance influence.
IMEC's 3,000-mile route faced a heightened alert amid regional tensions, leading to a temporary halt in the ambitious project.