{"id":490769,"date":"2026-02-19T19:22:08","date_gmt":"2026-02-19T19:22:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/490769\/"},"modified":"2026-02-19T19:22:08","modified_gmt":"2026-02-19T19:22:08","slug":"india-europe-trade-corridor-gathers-pace-as-modi-macron-pledge-port-partnership","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/490769\/","title":{"rendered":"India-Europe trade corridor gathers pace as Modi, Macron pledge port partnership"},"content":{"rendered":"

India<\/a> and France<\/a> have agreed to strengthen links between two of their largest ports and others, giving fresh momentum for a proposed commercial corridor stretching from South Asia to Europe that analysts say could rival China\u2019s Belt and Road Initiative<\/a>.<\/p>\n

The agreement between India\u2019s Adani Ports and France\u2019s Port of Marseille Fos marks a key step towards realising the India-Middle East-Europe Economic Corridor (IMEC).<\/p>\n

The memorandum of understanding, signed on Wednesday, calls for the creation of an \u201cIMEC Ports Club\u201d to coordinate key ports along the corridor and strengthen trade<\/a> connectivity between India and the European Union<\/a>.First announced in 2023, IMEC<\/a> is a 6,000km (3,728-mile) multimodal transport initiative linking Indian ports to Europe<\/a> via the Middle East<\/a> through a network of shipping routes and rail lines. Backers say the project could cut transit times by 40 per cent and costs by 30 per cent compared with existing trade routes between the two regions.<\/p>\n

Marseille Fos is one of Europe\u2019s largest integrated port ecosystems, while Adani Ports\u2019 Mundra facility is India\u2019s biggest commercial port.<\/p>\n

Analysts expect Mundra and Hazira \u2013 both operated by Adani Ports \u2013 to enhance connectivity between South Asia and West Asia under the proposed corridor.<\/p>\n","protected":false},"excerpt":{"rendered":"India and France have agreed to strengthen links between two of their largest ports and others, giving fresh…\n","protected":false},"author":2,"featured_media":490770,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[247926,64,63,37528,99,512,40421,2490,164,4868,2057,2592,247923,247925,1209,247922,247924,41887],"class_list":{"0":"post-490769","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-adani-ports","9":"tag-au","10":"tag-australia","11":"tag-belt-and-road-initiative","12":"tag-business","13":"tag-china","14":"tag-delhi","15":"tag-donald-trump","16":"tag-economy","17":"tag-emmanuel-macron","18":"tag-europe","19":"tag-france","20":"tag-haifa-port","21":"tag-imec","22":"tag-india","23":"tag-jebel-ali","24":"tag-marseille-fos","25":"tag-narendra-modi"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/490769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=490769"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/490769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/490770"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=490769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=490769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=490769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}