Synopsis
India’s West Asia geo-economic gambit – the brand new IMEC infra undertaking – is seen as a response to China’s BRI. The formidable rail and transport undertaking introduced on the sidelines of G20 is envisaged to problem China’s financial clout. It leaves each China and Turkey guessing regardless of being on the G20 desk in New Delhi. Will IMEC form a brand new world actuality?
After China powered the Belt and Street Initiative (BRI) a decade in the past, G20’s greatest announcement–the India-Center East-Europe Financial Hall (IMEC) is grabbing headlines. India, the US, the UAE, Saudi Arabia, France, Germany, Italy, and the European Union (EU) introduced most likely the boldest geopolitical initiative to counter BRI. Apparently Turkey has been the primary nation that has overtly come out and counter the India-Center East commerce
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