Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

IMF chief says new Biden-backed economic corridor should not exclude any countries

The International Monetary Fund's Managing Director, Kristalina Georgieva, has stated that the rail-to-sea Economic Corridor proposed by President Biden should not exclude any countries and should promote an integrated world economy. The corridor aims to counter China's influence in the Middle East and compete with its Belt and Road global infrastructure initiative. Georgieva emphasized the importance of trade as an engine of growth and urged countries to collaborate in a spirit of inclusivity. The corridor, announced by Biden and Indian Prime Minister Narendra Modi, aims to connect India with the European Union and Middle Eastern countries.

The post IMF chief says new Biden-backed economic corridor should not exclude any countries appeared first on Balanced News Summary.



This post first appeared on Balanced News Summary, please read the originial post: here

Share the post

IMF chief says new Biden-backed economic corridor should not exclude any countries

×

Subscribe to Balanced News Summary

Get updates delivered right to your inbox!

Thank you for your subscription

×