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India-Middle East-Europe Economic Corridor to Be Unveiled at G20 in Challenge to China’s Belt and Road
Breitbart London ^ | 9 September 2023 | Unattributed

Posted on 09/10/2023 9:04:41 AM PDT by Silentgypsy

Europe, the Middle East and India will on Saturday unveil plans to create a modern-day Spice Route, boosting trade ties with potentially wide-ranging geopolitical implications.

The United States, Saudi Arabia, the European Union, the United Arab Emirates and others will launch plans to link data, railway, ports, electricity networks and hydrogen pipelines across the three regions when they meet on the sidelines of the Group of 20 summit in New Delhi.

Although heavily trade-focused, the plan could spur major political changes.

Signatories hope it can help integrate India’s vast market of 1.4 billion people with countries to the west, offer a counterbalance to lavish Chinese infrastructure spending, boost Middle Eastern economies and help normalise relations between Israel and Arab Gulf states.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: europe; india; me
An alternative to ChiCom's Belt and Road plan.
1 posted on 09/10/2023 9:04:41 AM PDT by Silentgypsy
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To: Silentgypsy
The Silk Road is back.
When planes no longer fly, due to government mandated fuel shortage, Camel Caravans will be back too.

2 posted on 09/10/2023 9:59:10 AM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: Silentgypsy

So it is faster to load a container on a ship in India, sail into the Persian Gulf to Dubai, off-load the container to rail, go by rail across Saudi Arabia, Jordan and Israel to Haifa, off-load the container from rail to ship, and sail to a European port such as Marseille than,

Loading a container on a ship in India and sailing via the Suez Canal to Marseille?

It’s not obvious on a map.


3 posted on 09/10/2023 10:23:06 AM PDT by FarCenter
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To: FarCenter
Pramit Pal Chaudhuri, South Asia practice head at the Eurasia Group, said that a shipping container which today travels from Mumbai, through the Suez Canal to Europe could in the future go by rail from Dubai to Haifa in Israel — saving both money and time — and on to Europe.
4 posted on 09/10/2023 12:48:34 PM PDT by Silentgypsy (In my defense, I was left unsupervised.)
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