The work on the corridor connecting India, Middle East countries and Europe may start soon. In the G-20 conference, Indian Prime Minister Narendra Modi announced Global Infrastructure and Investment (PGII) and India-Middle East-Europe Economic Corridor, saying that it will become an effective medium of economic connectivity between India, West Asia and Europe.

"This will provide a sustainable direction to connectivity and development across the world," Narendra Modi said in the presence of US President Joe Biden, Saudi Arabia's Crown Prince Mohammed bin Salman and European Commission Chief Ursula von der Leyen. Strong connectivity and infrastructure are the fundamental basis for the development of human civilization. India has given top priority to this subject in its development journey. Along with physical infrastructure, investment is being made on an unprecedented scale in social, digital and financial infrastructure. With this we are laying the strong foundation of a developed India.

Narendra Modi said, "We have completed infrastructure projects in technology sectors like energy, railways, water, technology parks as a reliable partner in many countries of the Global South. We have emphasized on demand driven and transparent approach. Through PGII, we can make an important contribution in reducing the infrastructure gap in the countries of the Global South. India does not limit connectivity to regional boundaries. We believe that connectivity not only enhances mutual trade but also mutual trust."

European Commission chief Urs von der Leyen said that the India-Middle East-Europe Economic Corridor is historic. This will be the fastest connection ever connecting these three. This will make the pace of business faster.

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