PARIS: External Affairs Minister (EAM) S. Jaishankar emphasised the importance of the India-Middle East-Europe Economic Corridor (IMEC) in bolstering global connectivity amid ongoing geopolitical tensions during the G7 Foreign Ministers’ Meeting in France.
He noted that the conflict in West Asia reinforces the need for resilient trade routes and secure supply chains.
Addressing the session, EAM Jaishankar highlighted that India’s expanding trade agreements with major global partners, including the Free Trade Agreement (FTA) with the European Union, the European Free Trade Association (EFTA), and the United Kingdom, have added significant value to IMEC.
Taking to social media platform X on Friday, he posted: “Shared views about IMEC at the second session of the G7 Foreign Ministers’ Meeting with invited partners. The uncertainties arising from the conflicts in West Asia only make a stronger case for more resilient trade corridors and supply chains.”
He further stated: “At the same time, India’s FTAs with the European Union, EFTA members and the UK have enhanced the utility of IMEC.”