India-Middle East-Europe Economic Corridor | G20 Summit 2023 | UPSC Facts Revision
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The governments of India, the
The governments of India, the US, Saudi Arabia, the European Union, the United Arab Emirates, France, Germany, and Italy signed a Memorandum of Understanding (MoU) to establish the India-Middle-East-Europe Economic Corridor (IMEC) on the sidelines of the G20 Summit in New Delhi. The IMEC is being envisioned as a network of transport corridors, including railway lines and sea lanes, that is expected to aid economic growth through integration between Asia, the Arabian Gulf, and Europe. Watch the full video for the complete overview.
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