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Trade Route Talks Meant to Bridge Asia-Europe Move at Two Speeds
An ambitious project to link the emerging industrial powers of South Asia with Europe and beyond is moving at two speeds, illustrating the difficulty of aligning aspirations for one of the world’s longest trade routes during a period of geopolitical turmoil. After signing on to the India-Middle East-Europe Economic Corridor agreement at the Group of 20 meetings in New Delhi in September, governments in the US, European Union and several European nations are bogged down financially and preoccupied diplomatically by two wars. Meanwhile, India and the United Arab Emirates — two additional parties to the IMEC pact ... (full story)