From New Delhi, a historic step for Lebanon on the road to IMEC. The ports of Beirut and Tripoli have joined the IMEC Ports Club, a network that brings together ports interested in becoming part of the India-Middle East-Europe Economic Corridor.
Global ports were asked to sum up IMEC, the corridor envisioned to connect India with the Middle East and Europe, in a single word ... IMEC cannot work if each country operates on its own.
Writing in Gulf News on October 3, Your Money Editor Justin Varghese said IMEC’s best-known promise — containers moving between India and Europe by ship and train — may also be the part that takes longest to deliver.
Trump’s renewed backing gives the India-Middle East-Europe Economic Corridor momentum. But the conflicts around Hormuz, Red Sea and Levant reveal its real test ....