Introduction

Russian expert Alexander Nazarov has dismissed the possibility of the proposed India-Europe maritime corridor, which passes through the Persian Gulf and Israel, competing with established routes like the Suez Canal.

Negative Implications

Nazarov believes that the need to unload and load goods twice would make this project more expensive and slower compared to the sea route. He also points out the potential risk of a military conflict between the US and China, which could lead to military actions against enemy communications at sea. As a result, maritime trade would become highly risky, casting doubt on the project’s prospects.

Proposed Corridor Details

The suggested corridor would traverse the Arabian Sea from India to the United Arab Emirates, then pass through Saudi Arabia, Jordan, and Israel before reaching Europe.

Announcement and Purpose of the Project

This project was announced last Saturday during the G20 summit in India. Its aim is to establish a new maritime corridor connecting India with the Middle East and Europe through Arab nations. The project involves India, Saudi Arabia, the Emirates, Jordan, Israel, and the European Union. It is expected to enhance global connectivity, improve digital infrastructure, and boost trade, including the trade of energy products such as hydrogen.

Source

Source: RT