India and the US agreed to work together to build the India-Middle East-Europe Economic Corridor (IMEC)
Babushahi Network
Washington DC, February 14, 2025: US President Donald Trump announced today that India and the US agreed to work together to build the India-Middle East-Europe Economic Corridor (IMEC)
Trump announced that India and the US agreed to work together to build the India-Middle East-Europe Economic Corridor (IMEC) and called it one of the greatest trade routes. He said that the route will operate from Israel to Italy and onward to the US.
On IMEC, Trump said, "We agreed to work together to help build one of the greatest trade routes in all of history. It will run from India to Israel to Italy and onward to the US, connecting our partners, roads, railways and undersea cables, many many undersea cables. It is a big development. It is a lot of money going to be spent and we have already spent some but we are going to be spending a lot more in order to stay advanced and stay the leader. I am pleased to report that with today's announcements, the friendship between the US and India is the strongest, I believe it has ever been. I think our relationship is the best it's ever been between two leaders of two countries."
The IMEC comprises an Eastern Corridor connecting India to the Gulf region and a Northern Corridor connecting the Gulf region to Europe. It will include a railway and ship-rail transit network and road transport routes. A Memorandum of Understanding (MoU) on IMEC was signed by India, the US, Saudi Arabia, UAE, the European Union, Italy, France and Germany on the sidelines of the G20 Summit in India in 2023.