NEW DELHI: On 'Talking Point', Ambassador Navdeep Suri, Former India Envoy to UAE, Egypt, Australia in conversation with StratNews Global Associate Editor Amitabh P. Revi.

Ambassador Suri discusses India, the U.S., the UAE, Saudi Arabia, France, Germany, Italy and the European Union signing a Memorandum of Understanding (MoU) during the G20 Summit in Delhi to establish the IndiaMiddle EastEurope Economic Corridor (IMEC). He explains the nuances, pros and cons of using Fujairah(bypassing the Hormuz Strait chokepoint) and/or the Jebel Ali ports in the UAE as hubs for the multimode transhipment of goods. On IMEC vs China's Belt and Road Initiative(BRI) as a modern mirror to the ancient spice route and silk road, the former envoy observes, "India shouldn't be dependent on any Chinese sponsored arteries", since it "cuts into our strategic autonomy", and "creates dependencies we don't want to encourage". While pointing out that "if IMEC is not commercially viable, it won't succeed like many Chinese BRI projects, the Distinguished Fellow at the Observer Research Foundation(ORF) says,"IMEC is much more than just a trade corridor since its framework is also looking at clean hydrogen energy, electricity & data pipelines". Though "these are futuristic ideas", he "thinks it's important that we look at the creative side of this and say, where's the world heading? Not where it is in 2023, but where it will be in 2033, 2043 and beyond".

Watch this discussion for more on Ambassador Suri's analysis of the players involved, the U.S. role, the economic feasibility of multimode transshipment, the regional and global geopolitical flux, farreaching changes in West Asia, Saudi Crown Prince and Prime Minister Mohammed bin Salman's(MbS) state visit, multialignment, strategic autonomy, India elevating its partnership with Greece, the comprehensive economic partnership(CEPA) with the UAE, free trade(FTA) negotiations with the Gulf countries(GCC) and the European Union, the potential to enlarge IMEC to Southeast Asia (ASEAN) and the movement to trade payment in national currencies.

#IMEC #BRI #ConnectivityCorridor

Since many of our wellwishers requested a UPI payment id to contribute and support us, here’s the link, which gives us 100% of what you choose: https://stratnewsglobal.com/supportus/

You can also click and buy a YouTube Super Thanks(the heart icon where you liked this video), which directly supports StratNewsGlobal, with 70% of your chosen amount.

Leave your comments, questions and feedback. Like and share our videos.

Subscribe to our YouTube channel. Click on the icon to get notified of our latest uploads.

To get instant updates join our telegram circle https://t.me/stratnewsglobalbroadcast