Thursday, September 19, 2024

IMEEEC: India-UAE leg to get a digital platform in 100 days – Times of India

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New Delhi: Work on the India-UAE leg of the strategic India-Middle East Europe Economic Corridor (IMEEEC) is set to kick off with the digital platform to exchange information between ports of the two countries likely to be operational within the first 100 days of the Modi govt, reports Dipak Dash.While the tension in West Asia had cast its shadow on the high-profile project to connect ports on India’s western coast with European ports, last week the G7 gave a strong backing to the ambitious multi-country link that is aimed at derisking logistics and speeding up cargo movement.A key element of the IMEEEC strategy is seamless movement of cargo from, say, Hajipur (Bihar) to Haifa in Israel which will mean common port and customs documentation across the countries — from India and UAE to Jordan and Israel — and standardised equipment and containers in all ports and dry docks. Once in place, the plan is to ship goods from the Indian ports to Haifa in 48 hours. But that will also require construction of missing rail links in parts of Saudi Arabia and Jordan, for which initial assessment is being undertaken. An Indian public sector company is involved with the exercise, sources said.

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