The G-20 summit will launch three major multilateral projects: the Middle East Infrastructure Corridor, the Global Biofuels Alliance, and the Partnership for Global Infrastructure and Investment (PGII). Prime Minister Narendra Modi supervises preparations, with the Ministry of External Affairs, G-20 secretariat, Home Ministry, and Culture Ministry making final adjustments. The central program for today is PM Modi’s meeting with US President Joe Biden.
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India, with its partners Saudi Arabia, the United Arab Emirates, and the US, will disclose the Middle-East Infrastructure Corridor in the company of Saudi Crown Prince Mohammed bin Salman and UAE President Mohammed bin Zayed. The Global Biofuels Alliance, aimed at reducing fossil fuel consumption through climate-friendly biofuels like ethanol and jatropha, will also be introduced at the summit.
The US-led PGII, which aims to mobilize financing for energy, physical, digital, health, and climate-resilient infrastructure, was on the agenda at the G-7 summit in Hiroshima this year. The PGII and MEIC are alternatives to the discrete Belt Road Initiative (BRI) led by China.
The G-20 Summit will be holding public announcements for significant multilateral projects
The Middle East Infrastructure Corridor and the PGII are alternatives to the secretive Belt Road Initiative (BRI) led by China in many ways.
Three noteworthy multilateral projects
Tomorrow’s G-20 summit will see the official launch of three significant multilateral projects: the Middle East Infrastructure Corridor, the Global Biofuels Alliance, and the broader Partnership for Global Infrastructure and Investment (PGII), with the possibility that the India-led “One Future alliance” become included.
The Prime Minister is supervising the preparations
Prime Minister Narendra Modi is personally overseeing the preparations for the G-20 summit as the Ministry of External Affairs, G-20 secretariat, Home Ministry, Culture Ministry, and other organizations make final adjustments.
The ITPO, Culture Ministry, and the G-20 secretariat agreed on information like silent five-minute footage on “India-Mother of Democracy” and “India-Moving Forward,” playing repeatedly in the Leaders’ Lounge of Bharat Mandapam.
PM Modi’s meeting with the US President is the central program for today
While PM Modi’s bilateral meeting and dinner with US President Joe Biden will take center stage today, India, with its close partners Saudi Arabia, the United Arab Emirates, and the United States, will unveil the Middle-East Infrastructure Corridor tomorrow in the company of Saudi Crown Prince Mohammed bin Salman and UAE President Mohammed bin Zayed.
Linking India with the Middle East
In May in Jeddah, under the direction of the Saudi Crown Prince MBS, national security advisors from the US, India, and the UAE discussed the idea of establishing a railroad ports project to link India with the Middle East. A significant connectivity project connecting the West Asian railway network with Indian ports is understood to be the centerpiece of this initiative, which aims to create a Middle East that is more stable and prosperous.
The Global Biofuels Alliance
The Global Biofuels Alliance, which aims to reduce fossil fuel consumption through climate-friendly biofuels like ethanol and jatropha, is also introduced at the summit. The US and UAE are on board with the alliance, and other nations are ready to join the effort headed by India.
Partnership for Global Infrastructure and Investment
At the G-20 summit, the US-led PGII grew to provide excellent infrastructure funding for low- and middle-income nations. The PGII aims to mobilize financing energy, physical, digital, health, and climate-resilient infrastructure. It was on the agenda at the G-7 summit in Hiroshima this year.
In many ways, the PGII and the Middle-East Infrastructure Corridor (MEIC) are alternatives to the discrete Belt Road Initiative (BRI) led by China.
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