Erdogan Objects to India-Europe Corridor Bypassing Turkey, Demands Inclusion
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Turkish President Erdogan opposes the India-Middle East-Europe corridor project as it bypasses Turkey. He says any east-west corridor must pass through Turkey.
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The economic corridor involving India, UAE, Saudi Arabia, EU, and others was announced at the G20 Summit. A MoU was signed.
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The project aims to link Asia and Europe, cutting shipping times and costs. It requires $17bn investment with projected $4bn annual returns.
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Erdogan raised concerns during the G20 Summit, saying Turkey is the most convenient east-west route. He wants negotiations within 60 days.
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The corridor involves shipping and railway links through UAE, Saudi Arabia, Jordan, Israel, Greece and Europe. Turkey is left out of the current plan.