G7 Nations Commit To Promoting India-Middle East-Europe Economic Corridor
NDTV
The India-Middle East-Europe Economic Corridor or IMEC is also seen as an initiative by like-minded nations to gain strategic influence in the face of China's Belt and Road Initiative (BRI) which has faced increasing criticism over lack of transparency and disregard for sovereignty of the nations.
The Group of Seven nations have committed to promoting concrete infrastructure initiatives such as the India-Middle East-Europe Economic Corridor (IMEC) in the G7 Summit Communique issued at the end of the three-day G7 Summit, attended by Prime Minister Narendra Modi.
The Communique was issued on Friday evening after the customary "family photo" at the luxury resort of Borgo Egnazia, where the G7 also reiterated a commitment to a "free and open Indo-Pacific" based on the rule of law.
Prime Minister Modi attended the G7 Summit at the invitation of Italian Prime Minister Giorgia Meloni, the host.
