‘Game-changing investment’: Biden on India-Middle East-Europe mega economic corridor

Biden’s national security adviser Jake Sullivan said the proposed corridor would include India, Saudi Arabia, the United Arab Emirates, Jordan, Israel and the European Union. It is part of an initiative called the Partnership for Global Infrastructure Investment.

“We think that the project itself is bold and transformative, but the vision behind the project is equally bold and transformative, and we will see it replicated in other parts of the world as well,” Sullivan said.

Sullivan added that the network reflected Biden’s vision for “far reaching investments” that come from “effective American leadership” and a willingness to embrace other nations as partners. He said the enhanced infrastructure would boost economic growth, help bring countries in the Middle East together and establish that region as a hub for economic activity instead of as a “source of challenge, conflict or crisis” as it has been in recent history.

While announcing the project during the G20 Summit in Delhi alongside Biden and PM Modi, European Commission President Ursula von der Leyen said the historic the corridor will be a “green and digital bridge across continents and civilisations”.

Meanwhile, Von der Leyen  also announced a “Trans-African Corridor” connecting the Angolan port of Lobito with landlocked areas: the Kananga province in the Democratic Republic of Congo and the copper-mining regions of Zambia.

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