India-Middle East-Europe Economic Corridor – Artifex.News https://artifexnews.net Stay Connected. Stay Informed. Thu, 26 Oct 2023 09:36:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://artifexnews.net/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png India-Middle East-Europe Economic Corridor – Artifex.News https://artifexnews.net 32 32 Biden says progress on India-Middle East-Europe Economic Corridor could be one of the reasons for Hamas’ attack on Israel https://artifexnews.net/article67461134-ece/ Thu, 26 Oct 2023 09:36:32 +0000 https://artifexnews.net/article67461134-ece/ Read More “Biden says progress on India-Middle East-Europe Economic Corridor could be one of the reasons for Hamas’ attack on Israel” »

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President Joe Biden and Australia’s Prime Minister Anthony Albanese hold a news conference in the Rose Garden of the White House in Washington on, Oct. 25, 2023.
| Photo Credit: AP

U.S. President Joe Biden has said that he is convinced that one of the reasons why Hamas launched a terrorist attack on Israel was because of the recent announcement during the G-20 Summit in New Delhi on the ambitious India-Middle East-Europe Economic Corridor that integrates the entire region with a network of railroad.

Israel has launched a massive counter-offensive against Hamas after unprecedented attacks by the militant group on October 7 killed more than 1,400 people.

Mr. Biden told reporters at a joint news conference with the visiting Australian Prime Minister Anthony Albanese that his analysis is based on his instinct and does not have any proof for this.

“I’m convinced one of the reasons Hamas attacked when they did, and I have no proof of this, just my instinct tells me, is because of the progress we were making towards regional integration for Israel, and regional integration overall. We can’t leave that work behind,” Mr. Biden said.

This is the second time in less than a week that Mr. Biden has mentioned the India-Middle East-Europe Economic Corridor (IMEEC) as a potential reason for the terrorist attack by Hamas.

The new economic corridor, which many see as an alternative to China’s Belt and Road Initiative, was jointly announced by the leaders of the U.S., India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union on the sidelines of the G20 summit in September.

The corridor comprises an eastern corridor connecting India to the Gulf region and a northern corridor connecting the Gulf region to Europe.

Mr. Biden said in the past few weeks, he has spoken to leaders throughout the region, including King Abdullah of Jordan, President Sisi of Egypt, President Abbas of the Palestinian Authority, and Crown Prince of Saudi Arabia about making sure there’s real hope in the region for a better future about the need to work toward a greater integration for Israel while insisting that the aspirations of the Palestinian people will be part, will be part of that future as well.



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Project connecting India to Europe via Middle East ‘largest cooperation project’ in history: Netanyahu https://artifexnews.net/article67291551-ece/ Sun, 10 Sep 2023 09:39:05 +0000 https://artifexnews.net/article67291551-ece/ Read More “Project connecting India to Europe via Middle East ‘largest cooperation project’ in history: Netanyahu” »

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Welcoming the announcement of the ambitious India-Middle East-Europe Economic Corridor (IMEC), Israeli Prime Minister Benjamin Netanyahu has described it as the “largest cooperation project in our history” that will “change the face of the Middle East, Israel, and will affect the entire world”.

The new economic corridor, which many see as an alternative to China’s Belt and Road Initiative, was jointly announced on September 9 by the leaders of the U.S., India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union on the sidelines of the G20 summit in New Delhi.

In a video message released late on Saturday evening, Mr. Netanyahu said that Israel is at the focus of an unprecedented international project that will link infrastructure from Asia to Europe.

“I welcome the statement that was released today by the United States, India, Saudi Arabia, the UAE and the European Union, as well as France, Italy and Germany,” Mr. Netanyahu said.

“A good week to you, citizens of Israel. This evening, I am pleased to inform you [of] some major news,” the Israeli Prime Minister said.

His message came as hundreds of thousands of Israelis protested on the streets against the government’s judicial overhaul plan they think will undermine the authority of the judiciary.

“Israel is at the focus of an unprecedented international project that will link infrastructure from Asia to Europe. This link will also realise a multi-year vision that will change the face of the Middle East, and Israel, and will affect the entire world,” he said.

“This vision starts in India, passes through the United Arab Emirates [UAE], Saudi Arabia, Jordan and Israel before reaching Europe,” Mr. Netanyahu said.

The announcement of the ambitious project comes amid discussions around the normalisation of ties between Israel and Saudi Arabia.

The two countries do not have diplomatic relations but the Gulf kingdom has been seen to be recently softening its position towards Israel by allowing Israeli airlines to use its air space.

It is said to have also demanded, as per media reports, several concessions from the United States for the normalisation of ties to happen with the Jewish state, some very contentious ones.

“They announced the launch of a pioneering initiative to develop an economic corridor from India, through the Middle East, to Europe. I am pleased to inform you, citizens of Israel, that our country, the State of Israel, will be a central junction in this economic corridor,” Mr. Netanyahu said.

“Our railways and ports will open a new gateway from India, through the Middle East, to Europe, and back – from Europe to India via Jordan, Saudi Arabia and the UAE,” the Israeli Prime Minister, battling a downturn in the economy in the face of his controversial Judicial overhaul plans, said.

“I would like to thank U.S. President [Joe] Biden and his administration for the major effort that has led us to today’s historic announcement. Several months ago, the U.S. contacted us regarding the realisation of this historic opportunity. Since then, it has held urgent diplomatic contacts in order to bring about today’s breakthrough,” he stressed.

The project reshapes the face of our region and allows a dream to become reality, he said.

The initiative includes the construction of railways, the laying of a hydrogen pipeline, the energy of the future, the laying of fibre optic communications cables, the laying of electricity cables and more infrastructure, the Israeli Prime Minister noted.

“The State of Israel will contribute its capabilities, all of its experience, momentum and commitment, to realise the largest cooperation project in our history. All government ministries will be instructed to join in realizing this dream,” he emphasised.

“I have directed the National Security Council, in the Prime Minister’s Office, to coordinate the staff work and also the close cooperation with the U.S. and other countries in order for this vision to become reality as soon as possible,” Mr. Netanyahu said.

The project will lead us to a new, unique and unprecedented era of global and regional cooperation and involvement.

“Together we will succeed,” Mr. Netanyahu asserted.

With protesters turning up in hundreds of thousands every weekend for the last 36 weeks, Israel faces threats of mass emigration, resignations in critical positions, army desertions, strikes and flight of capital backed by gloomy predictions from prestigious global credit rating agencies.

Mr. Netanyahu has been struggling to show that everything is under control and the economy is stable amid widespread angry protests. He also hinted at the major link project during his trip to Greece and Cyprus early this week to boost the morale of his citizens and supporters.



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