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G20: EU and US back trade corridor linking Europe, Middle East and India
Joe Biden describes ambitious rail and sea plan to counter China’s Belt and Road project as a ‘really big deal’
The US and the EU have backed an ambitious plan to build an economic corridor linking Europe with the Middle East and India via rail and sea, a project the US president, Joe Biden, described as a “really big deal”.
The Indian prime minister, Narendra Modi, and the European commission president, Ursula von der Leyen, announced the project during a Saturday afternoon session at the G20 leaders’ summit, being held in Delhi this weekend.
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