News / G20 unveils plan for IMEC trade corridor to rival China's BRI

Photo: Government of India

The G20 summit, hosted by India over the weekend, saw the development of an ambitious intercontinental transport programme to boost cross-border trade between India, the Middle East and Europe, paving the way for more integrated and swifter global supply chain solutions.

The proposed India-Middle East-Europe Economic Corridor (IMEC) – arguably designed to counter China’s Belt and Road Initiative (BRI) – will involve sea-rail connectivity links, which industry pundits believe have the potential to make India-Europe cargo flows significantly faster – an ...