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Why Did The World Prefer India’s IMEC Corridor Over China’s BRI?

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  India’s IMEC Corridor is a significant infrastructure project aimed at connecting India, the   Middle East , and Europe through a vast network of roads, railways, ports, and energy pipelines. It seeks to promote economic integration, boost trade, ensure sustainability, and foster equal partnerships among participating countries. Unlike China’s Belt and Road Initiative (BRI), which faced opposition due to debt concerns, lack of transparency, environmental issues, and geopolitical tensions, IMEC is seen as a collaborative effort for mutual growth, enhancing trade, connectivity, economic growth, and sustainable development in the regions involved. The IMEC Corridor is India’s ambitious plan to create a trade superhighway linking key regions — India, the Middle East, and Europe. By facilitating efficient movement of goods and services, it aims to stimulate economic growth, job opportunities, and environmental responsibility. Unlike the BRI, which raised concerns about debt, tran...

India's Diplomatic Triumphs and Economic Agreements Shine at G20 Summit

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  The   G20 Summit   in New Delhi continues into its second day with world leaders, including US President Joe Biden, UK Prime Minister Rishi Sunak, and UN Secretary-General Antonio Guterres, paying homage to Mahatma Gandhi at Rajghat. Indian Prime Minister Narendra Modi welcomed the dignitaries with a stole and explained the significance of Gandhi’s Sabarmati Ashram. Some leaders, like Modi and Sunak, walked barefoot, while others wore white footwear provided at Rajghat. Modi emphasized Gandhi’s ideals guiding the vision for a harmonious future in a tweet. Key developments from the first day of the G20 Summit included the adoption of the G20 New Delhi Leaders’ Declaration, which urged countries to uphold international humanitarian law and territorial integrity. Notably, the 55-member African Union was inducted as a permanent member of the G20, enhancing developing countries’ influence in global decision-making. India also announced the launch of the Global Biofuel Allian...