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IMEC

Competing Global Economic Initiatives: A Tale Of Two Routes

June 20, 2024 Mohamad Zreik, Orinoco Tribune. , , , , ,
In recent years, two major economic initiatives have emerged in Asia, particularly in West Asia: China’s Belt and Road Initiative (BRI) and the India-Middle East-Europe Economic Corridor (IMEC). These initiatives represent a strategic contest between global powers vying for influence and economic dominance in a rapidly changing world. The Belt and Road Initiative, conceived by Chinese President Xi Jinping, is a modern resurrection of the ancient Silk Road. This initiative aims to connect China to the rest of the world through extensive infrastructure investments, including ports, roads, railways, and industrial zones.

The Land And Sea Blockade Against Israel Is Working

May 5, 2024 Ahmed Alqarout, Mondoweiss. , , , , ,
Israel’s aspirations to become the region’s transportation hub have taken a hit. The maritime and land blockade against Israel to stop the genocide in Gaza is working, as one of Israel’s main plans for a prospective “land bridge” connecting the Gulf countries with Israel and Europe has suffered an irrevocable setback.  The Israel-centered India Middle East Europe Economic Corridors project (IMEC), which was first proposed by U.S. President Biden in September of last year during the G20 meetings, is facing an existential threat.
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