Consider the following statements with reference to India-Middle East-Europe Economic Corridor (IMEC): 1. It aims to create a comprehensive network connecting Central Asia, Russia, and Eastern Europe. 2. In order to promote clean energy, it aims to set up solar power plants across the corridor. 3. It will improve trade efficiency between India and Europe by providing alternative to the Suez Canal route. How many of the statements given above are correct? |ForumIAS

Q. Consider the following statements with reference to India-Middle East-Europe Economic Corridor (IMEC):
1.It aims to create a comprehensive network connecting Central Asia, Russia, and Eastern Europe.
2.In order to promote clean energy, it aims to set up solar power plants across the corridor.
3.It will improve trade efficiency between India and Europe by providing alternative to the Suez Canal route.
How many of the statements given above are correct?

[A] Only one

[B] Only two

[C] All three

[D] None

Answer: A

Notes:

Explanation –

Statements 1 and 2 are incorrect. The IMEC corridor focuses on connecting South Asia, the Middle East, and Europe. The IMEC aims to promote clean energy primarily through the establishment of pipelines for clean hydrogen export.

Statement 3 is correct. One of the key objectives of the IMEC is to improve trade efficiency between India and Europe by offering a faster alternative to the Suez Canal route.

Source: AIR

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS