Context:
In September 2023, the ambitious transcontinental India-Middle East-Europe Corridor (IMEC) was announced on the sidelines of the G20 summit in New Delhi.
Recent Updates on the Corridor:
- The Arab-Israel corridor project was stopped because of the increased fighting in the Israel-Palestine conflict.
- The key stakeholders, Saudi Arabia and Jordan, did not make progress because of this temporary pause.
- Implementation on the northern part of the corridor, primarily in West Asia.
Know more about: India-Middle East-Europe Econo
