Anjali Sharma
GG News Bureau
WASHINGTON DC, 30th Sept. External Affairs Minister S Jaishankar and US Secretary of State Antony Blinken on Thursday discussed the India-Middle East-Europe Economic Corridor and its potential to generate high-standard infrastructure investments.
According to a statement issued by US State Department India-Middle East-Europe Economic Corridor and its potential to generate high-standard infrastructure investments had been discussed by S Jaishankar and his US counterpart Blinken.
Both held dialogues on a full spectrum of issues, including key effects of India’s G20 presidency, it said
“Secretary of State Antony J. Blinken met with Indian External Affairs Minister Subrahmanyam Jaishankar today in Washington, D.C. Secretary Blinken and External Affairs Minister Jaishankar discussed a full range of issues, including key outcomes of India’s G20 presidency, and the creation of the India-Middle East-Europe Economic Corridor and its potential to generate transparent, sustainable, and high-standard infrastructure investments,” the statement read.
Ahead of the upcoming 2+2 Dialogue they both emphasized the continued importance of cooperation, in particular in the areas of defence, space, and clean energy.
India, the US, UAE, Saudi Arabia, France, Germany, Italy and the European Union signed a Memorandum of Understanding to establish the India-Middle East-Europe Economic Corridor at the G20 summit in New Delhi.
India-Middle East-Europe Economic Corridor will consist of two separate corridors, the East corridor connecting India to West Asia/Middle East and the Northern corridor connecting West Asia/Middle East to Europe.
The corridor will motivate and provide momentum to economic expansion through enhanced connectivity and economic integration between Asia, West Asia, the Middle East and Europe, as per sources.
It will include a rail line, which upon completion, will provide a reliable and cost-effective cross-border ship-to-rail transit network to supplement the existing multi-modal transport routes enhancing trans shipment of goods and services between South East Asia through India to West Asia/Middle East Europe.
Jaishankar took part in a discussion on India-US collaboration on critical and emerging technology, aimed at creating resilient supply chains.
India-US Initiative on Critical and Emerging Technology (iCET) was announced in May 2022 to elevate and expand the strategic technology partnership and defence industrial cooperation between the governments, businesses, and academic institutions of the two countries.
iCET aims to position the two countries as trusted technology partners by building technology value chains and supporting the co-development and co-production of items.
It aims to address regulatory restrictions, export controls and mobility barriers through a standing mechanism.
India and US both countries are expected to undertake a midterm review of iCET in September 2023 to continue to drive momentum towards the next annual iCET review, co-led by the National Security Advisors of both countries in early 2024.
Jaishankar met with the members of Congress, administration, business and think tank heads at India House in Washington DC.
“Our regular conversations keep the India-US relationship strong,” he stated on X.
Jaishankar also met US Trade Representative Ambassador Katherine Tai and discussed expanding the trade and economic relationship between India and the US.
He held a meeting with US National Security Advisor Jake Sullivan.
Both sides recognized the tremendous progress in bilateral relations this year and discussed taking it forward.
He had a dialogue with Think Tanks about India’s growing role in global transformation.
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