HomeMiddle East

Opinion: How Israel's dream of being the Middle East's trade hub is unravelling

Middle East 1 source 1 country 🔦 Under-reported 27m ago

The India-Middle East-Europe Economic Corridor (IMEC), a major infrastructure project intended to link India to Europe via the Middle East, faces significant uncertainty regarding its Israeli component. Reports indicate that the corridor’s integration through Israel has stalled, leading regional powers to pursue alternative transit routes that bypass the country.

In June, transport ministers from Saudi Arabia and Turkey signed a memorandum of understanding to develop rival trade infrastructure. These new initiatives are designed to establish connectivity across the region without requiring direct engagement with Tel Aviv. As Gulf states and their allies prioritize these alternative corridors, the long-term viability of Israel’s role as a central trade hub in the Middle East appears to be diminishing.

In-depth summary · AI, neutral
Read the full story at the source Middle East Eye · GB
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →