China lost its sleep over the historic India-Middle East Corridor, Foreign Ministry's statement came - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Tuesday, September 12, 2023

China lost its sleep over the historic India-Middle East Corridor, Foreign Ministry's statement came

While China is building roads through the BRI project, India has drawn a blueprint to reach Europe by rail, road and ship. The India-West Asia-Europe Economic Corridor has now given China sleepless nights. The IMEC project is a big challenge for China's Belt and Road Initiative.

After the G-2O summit, India has drawn a blueprint to reach Europe by rail, road and ship. Prime Minister Narendra Modi has announced the project to build India-West Asia-Europe Economic Corridor (IMEC). Apart from India, this corridor includes powerful countries like UAE, Saudi Arabia, European Union, France, Italy, Germany and America. China has lost its sleep due to this announcement of PM Modi. China's Foreign Ministry has given a big statement regarding this.

If it is not a 'geopolitical stunt'...

The Chinese Foreign Ministry has said that we welcome the India-West Asia-Europe Economic Corridor if it does not become a 'geopolitical stunt'. The ministry said China welcomes all initiatives to help build infrastructure in developing countries and efforts to promote connectivity and development, but connectivity initiatives should be open, inclusive and synergistic and should not be geopolitical maneuvers. Should not be made.

IMEC project will challenge China's BRI project

In fact, this economic corridor is considered very important in many ways. All the countries involved in this project have also signed the MoU. Experts believe that the IMEC project will directly challenge China's Belt and Road Initiative (BRI), on which China has been spending money like water for the last 10 years. Till now China has spent billions of dollars on the BRI project.

Why is China worried?

Let us tell you that under IMEC, India's ports will be connected to UAE through waterways. Then it will be connected to Saudi through road and rail. After this it will be connected to Jordan, Israel and Italy. In the year 2013, China started the BRI project. In the last 10 years, more than 150 countries of the world have signed BRI agreements with China. China will host the third Belt and Road Forum in October.

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