- US President Trump expressed strong support for the India-Middle East-Europe Economic Corridor
- Trump emphasized shifting energy infrastructure away from Iranian checkpoints amid regional strikes
- Remarks were made during a meeting with the Gulf Cooperation Council at the UN General Assembly
US President Donald Trump has said that his administration strongly supports the India-Middle East-Europe Economic Corridor (IMEEC), saying there is a need to shift energy infrastructure away from Iranian checkpoints amid multiple strikes on West Asian countries.
Trump made these remarks while addressing a multilateral meeting with the Gulf Cooperation Council on Tuesday on the margins of the high-level UN General Assembly session.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
"Iran's terrorist attacks on commercial shipping in neighbouring countries have shown the need to shift Middle East energy infrastructure away from the Iranian checkpoints," Trump said.
"That's why my administration strongly supports the India-Middle East-Europe Economic Corridor and other places... the form of getting oil out, whether it's pipelines or anything else, and together we're on the verge of overcoming challenges that have plagued this region for decades,” he said.
The India–Middle East–Europe Economic Corridor (IMEC) is a multinational multi-modal connectivity and infrastructure initiative that was officially unveiled on September 9, 2023, during the G20 Summit in New Delhi. It is aimed at boosting connectivity, trade, and sustainability across South Asia, the Middle East, and Europe.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.