Mumbai, April 17 -- Union Minister of Commerce and Industry, Piyush Goyal addressing the India-Middle East-Europe Economic Corridor (IMEC) High-Level Roundtable on Connectivity and Economic Growth said that the IMEC is a powerful endorsement of the leadership and partnership of India and Middle East and East Europe a very forward and visionary concept that has caught the fancy of the world. The Minister stated that IMEC is not merely a trade route, but a modern-day Silk Route - a partnership of equals - that fosters synergy, connectivity, and inclusive prosperity. "It will bring down logistics costs by up to 30%, reduce transportation time by 40%, and create seamless trade linkages across continents," he said. "We will not only be linking...