A network of corridors is the only reliable hedge against Middle East chokepoint disruptions

(Afaq Hussain and Maisoon H. Kafafy – Atlantic Council) An expanded India–Middle East–Europe Economic Corridor, or IMEC, could replace roughly 60 percent of the container traffic that flows through the Strait of Hormuz. Building out connected networks with nodes in Oman, Saudi Arabia, Egypt, and Syria could unlock upward of $330 billion in trade. This networked approach to the IMEC project hedges against the kind of disruption caused by the Houthi attacks in the Red Sea and the closure of the Strait of Hormuz. – A network of corridors is the only reliable hedge against Middle East chokepoint disruptions – Atlantic Council

Latest articles

Related articles