Context:
India and France are jointly implementing the IMEC, which aims to enhance connectivity between India and Europe through sea and land routes.
Key Highlights:
- The purpose of IMEC is to establish a trade and transport corridor linking India, the Middle East, and Europe.
- The discussions on the project coincided with Prime Minister Narendra Modi’s accompanying the two day visit to France.
- Modi sought to attend the Paris AI Action Summit and discuss matters with French President Emmanuel Macron.
- The joint statement expressed closer cooperation between the two countries for the project’s execution.