India to Europe via Middle East ‘largest cooperation project’

11 Sep 2023 CW Team

US President Biden said the project would create an economic corridor between India, the Middle East and the European Union (EU). He said, "We will invest in railways and shipping lines from India to Europe that will be connected through Saudi Arabia, UAE, Jordan and Israel." The US president added that the project will make it easier to trade and export, transfer clean energy and provide fast and stable internet service to countries in the Middle East. Saudi Crown Prince Mohammed bin Salman said that the kingdom will take part in the project with an investment of $20 billion and urged leaders to start the planning and implementation of the project immediately.

The US-backed project dubbed as the new Spice Route has been seen by many as a counterweight to China's Belt and Road Initiative (BRI). But Ashwini Vaishnaw, Railway Minister, said that the proposed India-Middle-East-Europe Corridor is different since the Chinese project forced host countries into a debt trap but the G20 project will bring in revenue.

The project will link electricity, data networks (via high-speed fibre optic cables), hydrogen pipelines, railway and port facilities across Middle East including United Arab Emirates, Saudi Arabia, Jordan and Israel –and potentially speed trade between India and Europe by up to 40 per cent.

The new economic corridor was jointly announced by leaders of the US, India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union on the sidelines of the G20 summit, which was based on the theme of ‘One Earth, One Family, One Future’.

See this PDF to know more about the G-20 New Delhi Leaders’ Declaration

Israeli Prime Minister Benjamin Netanyahu described the ambitious India-Middle East-Europe Economic Corridor (IMEC) project, announced during the G20 Summit in New Delhi, as the “largest cooperation project in our history that will change the face of the Middle East, Israel and affect the entire world. This vision starts in India, passes through the United Arab Emirates [UAE], Saudi Arabia, Jordan and Israel before reaching Europe.”US President Biden said the project would create an economic corridor between India, the Middle East and the European Union (EU). He said, We will invest in railways and shipping lines from India to Europe that will be connected through Saudi Arabia, UAE, Jordan and Israel. The US president added that the project will make it easier to trade and export, transfer clean energy and provide fast and stable internet service to countries in the Middle East. Saudi Crown Prince Mohammed bin Salman said that the kingdom will take part in the project with an investment of $20 billion and urged leaders to start the planning and implementation of the project immediately.The US-backed project dubbed as the new Spice Route has been seen by many as a counterweight to China's Belt and Road Initiative (BRI). But Ashwini Vaishnaw, Railway Minister, said that the proposed India-Middle-East-Europe Corridor is different since the Chinese project forced host countries into a debt trap but the G20 project will bring in revenue.The project will link electricity, data networks (via high-speed fibre optic cables), hydrogen pipelines, railway and port facilities across Middle East including United Arab Emirates, Saudi Arabia, Jordan and Israel –and potentially speed trade between India and Europe by up to 40 per cent.The new economic corridor was jointly announced by leaders of the US, India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union on the sidelines of the G20 summit, which was based on the theme of ‘One Earth, One Family, One Future’. See this PDF to know more about the G-20 New Delhi Leaders’ Declaration

Infrastructure Urban

04 Dec 2025

ISRO’s IMAT Success Boosts Readiness for Maiden Gaganyaan Mission

Union Minister of State for Science and Technology Dr Jitendra Singh informed Parliament that ISRO has achieved a key milestone in its preparations for India’s first human space mission with the successful completion of the Integrated Main Parachute Airdrop Test (IMAT). He said in the Lok Sabha that the test forms a central part of the qualification campaign for the Crew Module’s parachute-based deceleration system, one of the most vital elements in human-rating the mission.According to Dr. Jitendra Singh, the IMAT recreated one of the most demanding descent conditions by intentionally del..

Infrastructure Urban

04 Dec 2025

Gyanesh Kumar Takes Charge as Chair of International IDEA Council

Chief Election Commissioner of India Gyanesh Kumar has assumed the Chairship of the Council of Member States of the International Institute for Democracy and Electoral Assistance for 2026. The ceremony in Stockholm was also attended by India’s Ambassador to Sweden, Anurag Bhushan. India, a founding member of International IDEA, has long contributed to the organisation’s governance and global democratic dialogue, and the new Chairship signals broad recognition of the Election Commission of India as a trusted and innovative election management institution.During his visit, Kumar held discuss..

Infrastructure Energy

04 Dec 2025

Coal Mines Boost Local Growth and Support India’s Energy Self-reliance

The Magadh and Amrapali coal mines in Jharkhand are playing a pivotal role in strengthening India’s energy security, contributing nearly half of Central Coalfields Limited’s total coal production in 2024–25. Both mines support the broader goal of ensuring steady coal availability for the power sector under the vision of Aatmanirbhar Bharat. Magadh has estimated mineable reserves of 854.91 million tonnes, while Amrapali holds 456.34 million tonne. For FY 2025–26, the two are expected to generate net sales revenues of Rs 28.12 billion and Rs 23.67 billion respectively. Local development ..