US unveils trade corridor between India, Middle East and Europe, may deepen rivalry with China

Questions remain over the funding and even viability of the India-Middle East-Europe Economic Corridor project. Read more at straitstimes.com.

NEW DELHI – Beyond the consensus building at the Group of 20 leaders’ summit, where China’s participation remained crucial, a United States-led initiative to build a rail and shipping corridor from India to the Middle East and Europe could further deepen great power rivalries, said analysts.

The trade corridor is being viewed as a response to China’s Belt and Road Initiative , which is in its 10th year.Get exclusive reports and insights with more than 500 subscriber-only articles every month

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