Posted 2/13/2024, 2:39:13 PM
India, UAE Sign Trade Route Deal Linking India with Europe
- India and UAE signed agreement on ambitious trans-continental trade corridor connecting India to Europe via Middle East
- Trip comes ahead of India's national election in April; Modi to address Indian diaspora community events
- Pact builds on 2022 economic partnership agreement, aims to foster regional connectivity
- Corridor extends from India across Arabian Sea to UAE, Saudi Arabia, Jordan and Israel to Europe
- Signing amid regional instability from Israel-Palestine conflict and Houthi attacks on shipping in Red Sea