Page 19 - NIS English 1-15 October, 2023
P. 19
Cover Story
India-Middle East-Europe Business will grow with confidence
Economic Corridor
After the construction of the India-Middle
India, along with the US and several other East-Europe Economic Corridor, the trade
major countries, announced the creation route from Southeast Asia to the Gulf, West
of an ambitious 'India-Middle East-Europe Asia, and Europe will move forward with
Economic Corridor' during the G-20 summit. confidence and strength. India will not only
Apart from India, leaders of America, Saudi get economic but also strategic benefits
Arabia, the United Arab Emirates, France, from this corridor and will also create
Germany, Italy, and European Union were huge opportunities in the logistics and
present during the announcement. This transportation sector. It will be developed
corridor will connect India with the Middle as a green corridor which will also fulfill
East and Europe. PM Modi stressed respect our green objectives. This corridor will
for the sovereignty and territorial integrity of also secure the supply chain and create
all countries while promoting connectivity employment opportunities.
initiatives. India's connectivity is not limited
to regional boundaries but can also play an
important role in strengthening mutual trust.
Many G-20 heads of state including PM Modi
described this initiative as historic and said
that this step can be a game changer for
global trade.
MAHARISHI Initiative group was formed to work on disaster risk
It is proposed to undertake research on a global reduction. This group will work on sharing
level to know and understand the benefits of millets research and experiences with each other
and other ancient grains and to launch awareness in this area.
programs to educate people abou t its benefits. The
Japanese PM also appreciated the India-led research Traditional medicine
For the first time, an international program
on millets and acknowledged its importance. on traditional medicine was organized at
Disaster risk reduction the G-20 meeting under the Presidency
During India's presidency of the G-20, a working of India.
New India Samachar October 1-15, 2023 17
