Israel-Gaza conflict challenge to US-backed economic corridor – India minister

Date:

(Reuters) – The Israel-Gaza conflict is a “worrying manifestation” of geopolitical challenges for the U.S.-backed multinational economic corridor, India’s finance minister Nirmala Sitharaman said on Wednesday.

In September, global leaders announced a rail and ports deal linking the Middle East and South Asia, as the U.S. seeks to counter China’s Belt and Road push on global infrastructure with a new economic corridor.

The proposed corridor will pass through Israel, which has been engaged in a fierce conflict with Hamas in the Gaza strip, in retaliation for the militants’ cross-border assault into Israel on Oct. 7.

“It (the corridor) is not without its geopolitical challenges and the ongoing conflict in Israel and Gaza is a worrying manifestation of these,” Sitharaman said during a conference.

Share post:

Popular

Recent
Related

For Kuwait’s new emir, Saudi ties are seen as key

Kuwait (Reuters) - Sheikh Meshal al-Ahmad al-Sabah was named...

Pope Francis deplores Israeli killings of civilians at Gaza church

Vatican City (Reuters) - Pope Francis on Sunday again...

Palestinians must find new path from Israeli rule after war, top official says

Ramallah (Reuters) - Immediately after Israel's war in Gaza...

Israel says it struck Hezbollah sites after attacks from Lebanon

Jerusalem/Beirut (Reuters) - Israel said on Sunday it had...