Daily news
September 26, 2023

At G-20, Biden announces ambitious corridor connecting India, Europe

At the G-20 summit in Italy, US President Joe Biden announced an ambitious new project to create an economic connecting corridor linking India, Europe and the United States. The corridor will facilitate increased investment and coordination between the three regions, and will support the flow of goods, services, people and ideas. The initiative will also help to create a more secure and prosperous global economy, while empowering developing countries to create a more equitable world. Additionally, the project seeks to strengthen the already vibrant transatlantic partnership and unlock new opportunities for shared growth. The announcement of the project signals a further deepening of the strong strategic ties between the United States and India, as well as the broader US-Europe partnership. It is the latest in a series of moves by the Biden administration to reaffirm its commitment to the Indo-Pacific region, including recent agreements to invest in the region, and to establish greater strategic alignment against a variety of global challenges.