The work of 'Ya' corridor will start
The
work of the corridor connecting Europe-Arabia-India will start soon. The
first meeting in this regard will be held in France and this will start the
work of this ambitious process of connecting India-Europe-Arabia. The work
of this corridor is being started immediately to stop the growing power of
China around the world. China has been working on the RI project for many
years. It connects Asia with China, Europe and other countries in Africa. China
is trying to dominate the world through this project. Therefore,
Europe-Arabia-India Corridor is needed to answer China as well. France has
now taken the first step in this regard and through this India will be better
connected with Europe and Arabia. Once completed, this corridor will
redefine trade worldwide.
French President Emmanuel Macron has taken the initiative
regarding the Europe-Arabia-India Corridor. The first meeting in this
regard will soon be held in France and the work of this corridor will be
started from it. If this happens, China's work in the world will suffer a
lot. The project is headed by GĂ©rard Mestrelet, former chief executive of
French energy utility Engie SA. This will create a network of railways,
ships, gas pipelines and internet cables.
It will take more than 10 years to complete the work of Europe-Arabia-India corridor. The ongoing war between Israel and Hamas in the Gaza Strip has raised doubts about the project. The fighting has increased tensions in the Middle East. Meanwhile, the level of conflict in the shipping lanes of the Red Sea has also increased. Basically, it is said that this conflict has increased due to this corridor. Because if this way is created then in future no one will be able to depend on anyone to trade around the world. That is why there is talk of conflict on the Gaza strip and the Red Sea.
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Actually, the new corridor is an alternative to China's Belt and
Road Initiative. The project is expected to bring political stability and
normalization of the situation in the Arabian Peninsula. The project has
been considered a global infrastructure and investment milestone. The
Eastern Corridor will connect India with the Arabian Gulf. The Northern
Corridor will connect the Gulf region with Europe. Through this, Mundra,
Kandla of Gujarat and Jawaharlal Nehru part of Navi Mumbai in India will also
be developed from the point of view of international transport. Similar
development will take place at the ports of Fujairah, Jebel Ali and Abu Dhabi
in the UAE and Dammam and Ras Al Khair in Saudi Arabia. Although the
transport capacity of the area where this corridor is going to be built, the
cost of transport will be reduced. Also, financial stability will increase
and disease generation will also occur. Mainly, experts believe that the
pollution problem will be reduced to some extent.
Not only will trade develop through this corridor, all the
countries in it will come closer to each other culturally. Also, due to
this corridor excluding Pakistan, India will be able to trade with western
countries more easily. Employment opportunities will be available in all
sectors and skilled and unskilled workers will also get this opportunity.
Although this project is ambitious, there are many difficulties in completing
it. The main problem is the ongoing Israel-Hamas war. This project
will bring together many countries in Asia and Africa.
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