The India-Middle East-Europe Economic Corridor (IMEC) is a “win-win situation” for all states involved, Finance Minister Nirmala Sitharaman said here on Wednesday, while highlighting that the project is “not without its geopolitical challenges”. She also termed the ongoing conflict in Israel and Gaza as “a worrying manifestation of these” challenges.
Ms. Sitharaman was addressing the Indo-Pacific Regional Dialogue (IPRD), jointly hosted by the Navy and National Maritime Foundation.