Union Minister of State (Independent Charge) Science & Technology, Dr Jitendra Singh said “G20 Bharat-Middle East-Europe Economic Corridor” redeems post-Partition India’s quest for restoring an extended and deeper connectivity in the region”. It will address obstacles created by Pakistan’ s denial of over-land access and China’s reported connectivity designs in the region. He was briefing the media about the outcomes of the just concluded G20 India Summit and the G20 New Delhi Leaders’ Declaration.
The signing of an MoU on IMEC was announced by the Prime Minister Narendra Modi after co-chairing a special event with the US President Joe Biden on Partnership for Global Infrastructure and Investment (PGII) and IMEC, on the sidelines of the G20 Summit in New Delhi.
The MOU on IMEC was signed by India, USA, Saudi Arabia, UAE, European Union, Italy, France and Germany.
The IMEC comprises an Eastern Corridor connecting India to the Gulf region and a Northern Corridor connecting the Gulf region to Europe. It will include a railway and ship-rail transit network and road transport routes.
Dr Singh said better connectivity not only results in increased trade, but it also serves as a source of growing trust. The IMEC will help overcome the obstacles created by Pakistan and China’s own designs.
Minsiter added India has found a way out whereby it would not only connect for reasons of economics, but also connect for the reasons of greater cohesiveness among the world community.
Minister said, India’s Presidency of the G20 was inclusive, rich in content and enormous in scale.