Current Affairs · International Infrastructure
Identify the initiative based on the following characteristics: I. It is a transcontinental connectivity project launched through a Memorandum of Understanding during the G20 Summit 2023, involving India, the US, Saudi Arabia, the UAE, France, Germany, Italy, and the European Union. II. It aims to develop an integrated network of ports, railways, roads, sea lines, energy pipelines, and digital infrastructure to enhance trade between India, the Middle East, and Europe. III. The initiative is a part of the Partnership for Global Infrastructure and Investment (PGII), launched by the G7 in 2021. Select the answer using the code given below:
- 1Kaladan Multimodal Transit Transport Project
- 2International North-South Transport Corridor
- 3India-Middle East-Europe Economic Corridor✓
- 4Indo-Pacific-EU Economic Framework
Correct answer
India-Middle East-Europe Economic Corridor
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