US called the agreement on 'India Middle East Europe Economic Corridor' a milestone, IMES is becoming an alternative to BRI
The joint declaration of an economic corridor between India, Western Asia, and Europe by mutual consent between the leaders of America, India, Saudi Arabia, United Arab Emirates, France, Germany, Italy, and the European Union on the sidelines of the G-20 summit in New Delhi is an ambitious plan. This new economic corridor is being considered an alternative to China's controversial Belt and Road Initiative (BRI).
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