India-Europe: new trade corridor as a response to China

A new trade route via the Emirates, Saudi Arabia and Israel is supposed to facilitate the transport of goods and renewable energy from India to Europe. With this, the participating states want to counter Beijing's growing clout in the region. The African Union is a new G20 member – a coup for host Modi. The final declaration bears the clear signature of the Global South.

10. September 2023
G20

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Last updated: 24. July 2025