International Relations

The India-Middle East-Europe Economic Corridor (IMEC) Project

An Indian inter-ministerial delegation visited the UAE to explore the operational elements of the India-Middle East-Europe Economic Corridor (IMEC), a significant step forward since the agreement was signed.

About IMEC Project

  • IMEC is a component of the larger Partnership for Global Infrastructure and Investment (PGII), which focuses on infrastructure development in economically developing countries.
  • The IMEC MoU was formally approved on September 10, 2023, at the 2023 G20 New Delhi summit.
  • Signatories to this pact include India, the United States, the United Arab Emirates, Saudi Arabia, France, Germany, Italy, and the European Union.
  • Aim: To strengthen economic cooperation between Asia, Europe, and the Middle East. 
  • Objectives:
    • Increase transportation efficiency, reduce costs, and foster economic cooperation among member countries.
    • Create job opportunities and minimise greenhouse gas (GHG) emissions.
    • Facilitate commerce and connectivity, altering regional integration throughout Asia, Europe, and the Middle East. 


  • IMEC will provide a reliable and cost-effective cross-border ship-to-rail transit network, complementing current marine and road transport networks.
  • The IMEC Project has great promise for rethinking regional trade dynamics and creating long-term economic growth and collaboration among participating nations. 

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