You're going to hear that phrase more than once, I expect, over the next decade”. The project can also expand India’s export market and attract fresh investments from the Middle East.īiden sounded like someone who has just completed a victory lap. If the programme takes off, it would raise India’s status in global affairs and satisfy Washington’s desire to use New Delhi as a means to counter China. With nearly 10 developed countries interested in countering BRI, India has a special role to play in a wide range of areas from diplomacy to transport engineering. In the coming times, it will be a major medium of economic integration between India, West Asia and Europe,” Modi said. “Today, we all have reached an important and historic partnership. Are the US and its Western allies testing the waters before deciding whether to support India’s candidacy to become a member of the UN Security Council? The second issue goes beyond India’s widening role, even in somewhat distant places like South East Asia and Africa. The first is about difficulties in coordinating differences in rail infrastructure, financing methods and political systems among different countries. Two issues spring from the narrative about the new project that promises to connect India, the Middle East and Europe through sea and rail routes. “The Biden administration is again engaging in bloc politics in order to slow down China's development," he said. "The Biden administration's Middle East infrastructure plan is an apparent effort to counter the China-proposed Belt and Road Initiative (BRI), which is entering its 10th year in 2023 which brought fruitful projects to partnering countries and regions,” said Zhou Rong, a senior researcher at the Chongyang Institute for Financial Studies at Beijing’s Renmin University. It was announced in New Delhi by President Joe Biden in the presence of Prime Minister Narendra Modi, Saudi Crown Prince Mohammed bin Salman and heads of G7 countries which include Canada, France, Germany, Italy, Japan and the United Kingdom. That they used Indian soil, the venue of the G20 Summit, to announce a project that would rival China’s Belt and Road Initiative (BRI) is hugely significant.Įven the Chinese have come to accept that the India, Middle East, and Europe Economic Corridor, as the project is named, would be a challenge to BRI. The US and European nations demonstrated over the weekend that they would go long distance - far beyond the troubled waters of the South China Sea and the Taiwan island - to confront China. A lot of coordinated effort will be involved However, making and implementing a grandiose plan are two different things. This is a weak moment for BRI which is being scaled down With India’s rising influence, the West may consider supporting India’s candidature for membership of the UN Security Council Doing so will protect your data and ensure your conversations are hidden from prying eyes.Joe Biden announced the India, Middle East, and Europe Economic Corridor on the sidelines of the G20 Summit in New Delhi To safeguard your digital presence even more, you also might want to consider sending disappearing messages and media on WhatsApp. With growing concerns for online privacy and security, this guide is useful to improve your privacy and security by keeping your data and important conversations from others.
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