New Delhi:
A huge deal was struck and announced during the G20 summit. The deal is for the mega corridor between India, Middle East and Europe. This is not an ordinary corridor, but a shipping and railway corridor, which will connect India, the Middle East and Europe. In this, a rail network will connect the Middle East and a shipping lane will connect India to it. This will increase connectivity, infrastructure and sustainability between all these countries and improve supply chains.
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Because of this all became united
Indian Prime Minister Narendra Modi, US President Joe Biden, heads of all nine countries including France, Saudi Arabia, European Union, UAE, Germany were present at the time of deal announcement. It is being taken as a positive project and all countries are realizing its need. The reason is that the whole world has seen that if there is an excess of resources in one area, its disruption has a greater impact. Also, because of that that country becomes more powerful and starts arbitrariness. Seeing this, all the leaders welcomed this project. Everyone wants to have connectivity of supply lines and other needs in different parts of the world.
Biden and Modi said this
On this announcement, US President Joe Biden said that this is a big thing, which has now become possible and he is looking at it very positively. The French President said that now that this announcement has been made, it is our job to implement it on the ground. PM Modi said that when we do business in this way, we will respect each other and the sovereignty of the countries will also be preserved. It is expected that this corridor will be built soon and will be the first India-Middle East-Europe Economic Corridor. It is hoped that this project will greatly benefit the economies of all the countries involved.