India · English
'Cannot afford to depend on single route’: EU backs IMEC to make India-Europe trade more resilient amid Hormuz crisis
The EU is backing IMEC to diversify India-Europe trade routes amid concerns over Strait of Hormuz disruptions. EU's Apostolos Tzitzikostas said reliance on a single route or chokepoint risks wider supply-chain shocks, while green shipping can strengthen resilient connectivity.
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