Israel-Hamas Conflict Threatens India's Plans for New Trade Route to Europe
-
Israel's war with Hamas may threaten India's plans for an India-Middle East-Europe economic corridor.
-
The corridor aims to boost connectivity and infrastructure between India, the Middle East, and Europe.
-
It is seen as a counter to China's Belt and Road Initiative.
-
If the Arab world joins Hamas, it could derail the corridor and hurt India economically.
-
The conflict could impact shipping costs, oil prices, remittances from the region, and trade through Israeli ports.