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India-Middle East-Europe Economic Corridor to become the basis of world trade: PM Modi

  • Prime Minister Narendra Modi believes that the India-Middle East-Europe corridor, proposed at the G20 Summit, will become the basis of world trade for centuries to come. He draws inspiration from the ancient Silk Route, acknowledging India's historical trade power.
  • The plan is to create an economic corridor by connecting Middle-Eastern countries to India through railway and shipping links. This ambitious project involves countries like the United States, United Arab Emirates, and Saudi Arabia.
  • The India-Middle East-Europe Economic Corridor will not only boost trade but also strengthen global ties and promote economic growth among the participating countries. This initiative has the potential to reshape global trade dynamics.
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ABP News broke the news in India on Sunday, September 24, 2023.
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