India-Middle East-Europe Economic Corridor (IMEEC)

Article Title: India-Middle East-Europe Economic Corridor (IMEEC)

13-04-2025

Current Events Current Affairs Analysis

India and Italy have agreed to deepen their strategic cooperation across key sectors, including trade, defence, clean energy, and high technology.

This commitment was reaffirmed during a meeting between External Affairs Minister S. Jaishankar and Italian Deputy Prime Minister Antonio Tajani held in April 2025.

The discussions prominently focused on advancing ties under the Joint Strategic Action Plan (JSAP) 2025–2029

Serves as a structured roadmap to diversify bilateral cooperation.

The JSAP was jointly announced by Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni during their meeting in November 2024 in Rio de Janeiro.

About the India-Middle East-Europe Economic Corridor (IMEEC)

iIMEEC is a multimodal connectivity initiative aiming to improve infrastructure for trade and transport between India, the Middle East, and Europe.

iiIt was officially launched through a Memorandum of Understanding (MoU) signed by India, the European Union, France, Germany, Italy, Saudi Arabia, UAE, and the US during the G20 Summit in New Delhi (2023).

iiiIMEEC is a part of the broader Partnership for Global Infrastructure and Investment (PGII), which was initially announced at the G7 Summit 2021 in the UK.

ivIt is widely regarded as a strategic counter to China’s Belt and Road Initiative (BRI).

Structure of IMEEC: IMEEC will comprise two main corridors:

iEastern Corridor: Connecting India to the Gulf region.

iiNorthern Corridor: Connecting the Gulf to Europe.

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