France Backs IMEEC as a Flagship Project in Global Gateway Strategy

French President Emmanuel Macron's special envoy, Gerard Mestrallet, visited India to advance the India-Middle East-Europe Economic Corridor (IMEEC) initiative. The French embassy emphasized cooperation in areas such as low carbon energy and digital data. This project aims to enhance trade between Asia, the Middle East, and Europe, integrated with the EU's Global Gateway strategy.

During a two-day visit to India, Gerard Mestrallet, special envoy for the India-Middle East-Europe Economic Corridor (IMEEC), emphasized the significance of this project as part of the European Union's 'Global Gateway' strategy. France aims to bolster cooperation with India on key areas like low carbon energies, digital data, and port partnerships.

Mestrallet's visit involved a comprehensive evaluation of New Delhi's infrastructure and development plans, particularly focusing on Mundra port. France, the first signatory country to appoint a dedicated special envoy for the IMEEC, is committed to facilitating the project's pre-implementation phase together with Indian officials and companies.

The envisioned corridor aims to create seamless rail and shipping networks between India, the Middle East, and Europe, enhancing trade accessibility and economic partnership. As IMEEC aims to rival China's Belt and Road Initiative, France's involvement underscores the strategic importance of this transnational project.

(With inputs from agencies.)