Q. Consider the following statements regarding the India-Middle East-Europe Economic Corridor (IMEC):
1.It will feature undersea digital communication cables to enhance connectivity.
2.It is seen as an alternative to China’s Belt and Road Initiative (BRI).
3.The Port of Piraeus plays a crucial role in the operations and success of the IMEC.
How many of the statements given above are correct?
Answer: C
Notes:
Explanations –
Statements 1, 2 and 3 are correct. The IMEC includes plans for undersea digital communication cables as part of its infrastructure to improve global connectivity and facilitate secure data exchange between regions. IMEC is widely regarded as a counter to China’s BRI, offering a transparent and sustainable alternative for global trade and connectivity, aligning with democratic values and avoiding debt traps. The Port of Piraeus in Greece, one of the largest ports in Eastern Europe, is a key European node in the IMEC. It will handle cargo transported from Haifa port in Israel and further connect to other parts of Europe.
Source: The Hindu
