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Saudi Arabia's Crown Prince and Prime Minister Mohammed bin Salman (L), India's Prime Minister Narendra Modi (C) and U.S. President Joe Biden attend a session as part of the G20 Leaders' Summit at the Bharat Mandapam in New Delhi on Sept. 9, 2023. Evelyn Hockstein /POOL/AFP via Getty Images
A multinational rail and ports project to link India with the Middle East and Europe, which is being touted as a counter to China’s Belt and Road infrastructure project (BRI), was established during the recent G20 summit in New Delhi.
India, the United States, the European Union, France, Germany, Italy, Saudi Arabia, and the United Arab Emirates all signed on to the India–Middle East–Europe Economic Corridor project (IMEC).