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India, UAE Discuss India-Middle East-Europe Economic Corridor’s Progress

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Our Bureau

Abu Dhabi

India and the United Arab Emirates (UAE) recently held high-level discussions to advance the India-Middle East-Europe Economic Corridor (IMEEC), a transformative transcontinental connectivity project. The talks, led by senior officials from both nations, aim to accelerate the implementation of this ambitious initiative that seeks to link Asia, the Middle East, and Europe through efficient trade and infrastructure networks.

The IMEEC was first announced during the G20 Summit in New Delhi in September 2023, with signatories including India, UAE, the United States, Saudi Arabia, and the European Union. The corridor envisions two main routes: an eastern corridor connecting India to the Gulf and a northern corridor linking the Gulf to Europe. This ship-to-rail transit network is designed to supplement existing maritime routes, reduce costs, enhance trade accessibility, and secure regional supply chains.

During the recent meetings in Abu Dhabi, India’s delegation, led by T.K. Ramachandran, Secretary of the Ministry of Ports, Shipping and Waterways, engaged with key UAE stakeholders such as Abu Dhabi Ports. Discussions covered port infrastructure development, customs integration, and digital trade platforms like MAITRI (Master Application for International Trade and Regulatory Interface). The talks also explored green energy projects, including solar power grids and green hydrogen initiatives.

Both nations emphasized their commitment to early implementation of the framework agreement signed in February 2024. This collaboration is expected to generate jobs, foster economic cooperation, and lower greenhouse gas emissions. The IMEEC represents a significant step toward global connectivity and economic integration. By providing an alternative supply route and enhancing regional partnerships, it is poised to reshape trade dynamics across three continents.

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