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VIDEO INTRODUCTION:
Hello everybody,
Ever since Dr Jaishankar has taken office as the external affairs minister he has done some incredible things for the reputation and relationship of India!!
During the Russia Ukraine war when the entire world was pressuring us to buy the Oil at a premium, Dr Jaishankar protected us from the pressure of the west so that we could get discounted oil from Russia.and that helped India curb inflation in 2021!!l
While the entire world got divided between supporting the US and Russia, we were very strategically able to sell our services to the US and buy oil from Russia. So this put in the ideal position of in the world trade without getting sanctioned!!
Similarly, now when the world is divided into 2 parts because of the Israel Palestine conflict, because of our diplomacy, again, we are best friends with both Israel and the arabs!!!
Now 99% of India only knows upto this point!! But what they dont know is that, this diplomatic non alliance strategy even during the most critical times has given India a golden instrument growth! This instrument is called the India middle eastern economic corridor!!! In September 2023, In the G20 summit India, US, UAE, Germany,Italy and EU, signed an agreement that will put in India at the centre of world trade!!
And it is so crucial that all leaders across the world from Mohammad bin salman, Netanyahu and even Biden have addressed this corridor as a crucial instrument of growth for the world economy! And this route has everything from shipping lanes to railways, to even under sea cables and solar grids all passing through countries with a GDP of 47 trillion dollars!! And cherry on the cake, this is perhaps the best strategy for us to counter the rising power of China!
This is the one of the most important contributions of Dr Jaishankar and his diplomatic mastery over international relations!!
So in this episode lets try to understand,
What is this India middle east economic corridor?
How did Jaishankar’s diplomacy help us build the India middle east
economic corridor?
And most importantly, How will it help the economy of India?
Our Best Indian Business Case Studies:
1. Asian paints – https://youtu.be/jGT6ob8hV6M
2. Amul – https://youtu.be/nnwqtZiYMxQ
3. Haldiram – https://youtu.be/Z7P-t_yc8gE
4. Lijjat Papad – https://youtu.be/EdpoEmifW7M
✅Study Materials:
https://www.orfonline.org/research/india-middle-east-europe-economic-corridor-towards-a-new-discourse-in-global-connectivity#_edn5
https://www.middleeasteye.net/news/israel-saudi-arabia-gulf-states-internet-cable-link
https://www.hindustantimes.com/ht-insight/international-affairs/shifting-global-dynamics-through-new-trade-corridor-imec-101694418473145.html
https://gtri.co.in/gtriFlagshipReportsd.asp?ID=37
https://www.google.com/url?q=https://www.kapsarc.org/wp-content/uploads/2023/10/KS-2023-II11-India-Middle-East-Europe-Economic-Corridor-IMEC-Bridging-Economic-and-Digital-Aspirations.pdf&sa=D&source=docs&ust=1716213673326665&usg=AOvVaw3QDo95gaFLUoA9ipPfQFGV
Solar Grid: https://youtu.be/fkgJFRHS26g?si=nwSXC3-aMVQHoTCa
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