India, March 28 -- The India-MiddleEast-Europe Economic Corridor could revolutionise the world trade and can be an answer to China's 'Belt and Road Initiative'

The India-Middle-East-Europe Economic Corridor (IMEC) is one of the strategic breakthrough ideas of the 21st century for economic and transcontinental relationships across the globe. Never since the Belt and Road Initiative has such a serious attempt been made to define trade across land, sea, and human habitation.

If successful, global trade will never be the same again. IMEC consists of two main segments: the East Corridor, which connects India to the Middle East, and the North Corridor, which links the Middle East to Europe. In the first case, the route travels through sea and...