India-Middle East Economic Corridor to Shape Global Future: Modi

India-Middle East Economic Corridor to Shape Global Future: Modi

Prime Minister Narendra Modi has underscored the significance of the India-Middle East-Europe Economic Corridor (IMEEC), a project that he believes will not only transform the global trade landscape but also foster deeper collaboration between India and Kuwait. Speaking at the ‘Hala Modi’ event in Kuwait City, Modi highlighted the historic trade relations between India and Kuwait, which date back to the 19th century, and emphasized the potential for future partnerships.

Addressing the Indian diaspora, the Prime Minister spoke of the shared ambitions of both India and Kuwait, encapsulated in their visions of a “Viksit Bharat” (Developed India) and “New Kuwait.” He pointed out that India’s skills, creativity, and contributions to global wellness, such as Ayurveda, were paving the way for further collaborations with Kuwait, particularly in sectors like healthcare, technology, and innovation.

Modi praised India’s advancements in science and education, noting that the country’s knowledge system—from ancient institutions like Nalanda to modern institutes like IITs—was enriching global knowledge systems. Reflecting on the success of the G-20 summit, he emphasized that the IMEEC would be a key driver of economic growth, linking the Middle East and Europe to India and offering new directions for global trade. The Prime Minister also invited members of the Indian diaspora to visit India during major festivals such as the Kumbh Mela and Republic Day, urging them to encourage Kuwaiti citizens to explore India as a travel destination. Highlighting India’s growing digital capabilities, he assured the audience that the country’s digital transformation was just beginning.

In a nod to past administrations, Modi remarked that while his flight from India to Kuwait took just four hours, it had taken an Indian Prime Minister 43 years to make the same journey—a reflection of the strong diplomatic strides made under his leadership. Modi also visited a labour camp in Mina Abdullah, where he interacted with over 1,500 Indian workers, enquiring about their well-being and addressing their concerns. This visit underscored the close ties between India and Kuwait, particularly in the realm of labour cooperation. Looking ahead, the India-Middle East-Europe Economic Corridor stands as a testament to the growing economic and strategic partnership between India and Kuwait, with significant potential to reshape the global trade landscape and foster greater innovation and collaboration.