Conceived as an ambitious project quietly by India and close ally UAE two and a half years ago, the India-Middle East-Europe Corridor was announced by a galaxy of leaders on the side-lines of G-20 summit with support from US led Partnership for Global Infrastructure and Investment (PGII) today.
After several quiet meetings between National Security Advisors (NSA) of India, UAE, USA, and with full support of Saudi Arabian Crown Prince Mohammed bin Salman, the Middle-East corridor project envisages movement of goods through standardized containers from India to Fujairah Port on the eastern seaboard of UAE and then to Port of Haifa in Israel through 2650 kilometer of railroad via Saudi Arabia and Jordan. Some 1,850 kilometers of railroad is already functioning between the two countries with Saudi Arabia planning to build the remaining portion so that the goods reach the Port of Haifa. From there, the goods from India and other countries in the sub-continent like Nepal and Bangladesh will be shipped to various ports in Europe including Italy, Germany and France.
Also read: ‘Historical': Top leaders react to adoption of New Delhi Declaration at G20
Proposed by the leaders of India, US, UAE, Saudi Arabia and joined now by leaders of Italy, Germany and France, the Middle-East corridor will be completed in phases with the rail engines to be powered by solar energy in the final stages.
“The middle-east corridor will be a rail bridge to send goods from Vietnam to India via Myanmar...
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