External Affairs Minister S Jaishankar on Friday said the India-Middle East-Europe Economic Corridor (IMEC) will be a cornerstone of global connectivity with the potential to add to growth and resilience across the world.
Addressing the CII India Mediterranean Business Conclave, Jaishankar said the IMEC — announced during the G20 summit last year — has opened new possibilities.
“The IMEC aims to become a cornerstone of global connectivity, providing a robust framework for boosting trade and other flows across critical regions. By integrating innovative logistics and sustainable practices, it holds the potential to significantly contribute to both growth and resilience,” he said.
On the conflict in West Asia, Jaishankar said the situation has disrupted shipping routes.