India is also expected to benefit greatly from the cease-fire in Gaza between Israel and Hamas. US President Joe Biden has said that work on the IMEC corridor can begin after the ceasefire.
The destruction in Gaza caused by the ongoing war between Israel and Hamas may now be over. Israel and Hamas have agreed to a ceasefire agreement. The accord could be announced soon, ending the 15-month-long devastating war. At the same time, US President Joe Biden has now said something about this agreement that India hopes will benefit a lot. Joe Biden has said that the proposed IMEC corridor from India through West Asia to Europe could become a reality after a cease-fire in Gaza.
What did Joe Biden say?
US President Joe Biden has said that with the announcement of a cease-fire deal between Israel and Hamas in Gaza, the IMEC corridor can now take real shape. “At the G20 summit in Delhi on September 23, I united leading countries around the vision of an economic corridor from India to West Asia to Europe. That vision can now take real shape,” Biden said.
What did India say on the ceasefire deal?
India’s statement has also come up on the ceasefire agreement between Israel and Hamas. India has welcomed the announcement of a ceasefire in Gaza and the agreement for the release of hostages. The Indian Ministry of External Affairs said – “Hopefully this agreement will ensure the continued supply of humanitarian aid safely to the people of Gaza. We continue to call for the release of hostages, a ceasefire and dialogue and diplomacy.”
Which countries are included in the IMEC corridor?
Let us tell you that the IMEC corridor is being seen as an alternative to China’s ‘One Belt, One Road’ plan. India, America, Saudi Arabia, United Arab Emirates, European Union, France, Germany and Italy are involved in this corridor project. However, the IMEC Corridor project stalled after Hamas attacked Israel in October 2023.
