Israel-Gaza conflict challenge to U.S.-backed economic corridor: FM Sitharaman

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Israel-Gaza conflict challenge to U.S.-backed economic corridor: FM Sitharaman


Union Finance Minister Nirmala Sitharaman addresses the 2023 Edition of the Indo-Pacific Regional Dialogue on the theme ‘Geopolitical Impacts Upon Indo-Pacific Maritime Trade And Connectivity’, in New Delhi, on November 15, 2023.
| Photo Credit: PTI

The Israel-Gaza conflict is a “worrying manifestation” of geopolitical challenges for the U.S.-backed multinational economic hall, Finance Minister Nirmala Sitharaman stated on Wednesday.

In September, international leaders introduced a rail and ports deal linking the Middle East and South Asia, because the U.S. seeks to counter China’s Belt and Road push on international infrastructure with a brand new economic hall.

The proposed hall will cross by Israel, which has been engaged in a fierce conflict with Hamas within the Gaza strip, in retaliation for the militants’ cross-border assault into Israel on October 7.

“It (the corridor) is not without its geopolitical challenges and the ongoing conflict in Israel and Gaza is a worrying manifestation of these,” Ms. Sitharaman stated throughout a convention.



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