During the G20 summit in mid-September 2023 in New Delhi, the governments of India, the United Arab Emirates (UAE), the Kingdom of Saudi Arabia, Italy, France, Germany, the European Union and the United States signed a Memorandum of Understanding, aiming to establish the India – Middle East – Europe Economic Corridor (IMEC). This is expected to improve and intensify the connectivity and economic integration between Asia, the Arabian Gulf, and Europe through railway and shipping networks. Shortly after the announcement […]