According to the sources, an India-Middle East-Europe connectivity corridor will be launched soon, giving a major boost to trade facilities. According to the insiders, "This will be a historic and first-of-its-kind initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU, France, Italy, Germany and the USA." Earlier, there were reports that the US and EU backed the development of a new ship and rail corridor that would connect India to the Middle East and potentially extend even further as New Delhi hosts leaders of the world’s 20 biggest economies for the annual G20 summit. G20 Summit 2023: Consensus Reached, New Delhi Declaration Adopted, Announces PM Narendra Modi (Watch Video).

'India-Middle East-Europe Connectivity Corridor'

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