India, Middle East and Europe Economic Corridor; Opportunities and Challenges
DOI:
https://doi.org/10.55544/ijrah.4.6.15Keywords:
Economy, Security, Culture, PoliticsAbstract
This study focuses on the India, Middle East and Europe Economic Corridor (I-ME-EEC), a major infrastructure project unveiled during the G20 meeting in India. The project is an important attempt to improve connectivity between South Asia, the Middle East and Europe, with the aim of changing regional dynamics through increased energy production, trade and cooperation frameworks. The I-ME-EEC represents strategic economic and geopolitical goals by presenting itself as a possible alternative to China's grandiose Belt and Road Initiative (BRI). The study examines in depth the economic, political, security, cultural and environmental aspects of the corridor using a qualitative research methodology. The study examines the project's broader implications for global geopolitics while highlighting its potential to alter international trade lines, promote regional integration and reduce security challenges. Furthermore, the analysis not only examines the project's broader implications for global geopolitics, but also emphasizes how it could alter international trade routes, promote regional integration and reduce security threats. It will also be discussed how the I-ME-EEC affects the participating countries and how their participation in supra-regional projects is linked. The conclusions of this study help us better understand how infrastructure projects impact the world, particularly when it comes to balancing the strategic goals of major powers. The opportunities and difficulties of the corridor are critically examined in this article, while also highlighting the potential of the corridor to influence future transcontinental political and economic realities and to act as a catalyst for regional cooperation.
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Copyright (c) 2024 Aziz Ahmad Fazli
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