Index Investing News
Saturday, May 16, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Working on alternative logistic corridors linking India with the Pacific and Atlantic Ocean: S Jaishankar

by Index Investing News
April 2, 2024
in Financial
Reading Time: 3 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


Union Minister of External Affairs (MEA) S Jaishankar while addressing businessmen and traders at Ahmedabad on Tuesday, said “India was working on alternative logistic corridors that will link the Pacific with the Atlantic Ocean. The shipping lines passing through the Suez Canal are in danger. They are in danger because of drone and missile attacks and Somalian pirate attacks. We have sent 21 Naval vessels to the region. For a large economy like us, it is not enough to have one or two connectivity corridors,” said while speaking on the topic of  “International Policy: A catalyst to Viksit Bharat”. 

‘Exploring new corridor’

Last year, we decided to make an alternative connectivity corridor that starts from the Gujarat and Maharashtra coasts and passes through UAE, Saudi Arabia, the Mediterranean Sea and Europe. This will ensure we are not too dependent on the Suez Canal. The entire world is thinking about reducing risks. So we will have to look for connectivity partners. Similarly, we are also working on another corridor that links Chabahar port (in Iran) with Russia. We are also exploring a new corridor that will open up due to the melting polar ice caps and link Valvadistock, Russia and Europe,” the minister said.

Jaishankar said towards the East, India is looking to build a highway that will link Manipur in India with Vietnam. “If we are successful in this, India will be at the centre of a corridor extending from the Atlantic to the Pacific,” he added. The minister said apart from logistic partners, India will also need to look for technology partners, investment partners and the brand itself for a global audience. “Foreign Policy can be very useful for the business community,” he added.

During his visit to Gujarat, Jaishankar also brought up the territory disputes with China, Sri Lanka and Pakistan. He criticised former Prime Minister Pandit Nehru for his diplomatic stance regarding China in 1950s, “During that time, there was a debate on the UN seat. Should India be given a UN seat at that time. Pandit Nehru’s position at that time was, that we deserve a seat, but first we must ensure that China gets it. So, today we are talking of ‘India First’ and there was a time when the Prime Minister of India thought, ‘China First’.” The Union Minister claimed that Pandit Nehru was okay with India “queuing” up for an UN seat behind China.

“Our problem today is what has happened in the past. In the last 10 years, we have tried to deal with many issues. Some of them have been more successful and some of them will take more time,” he added.

SHARE

  • Copy link
  • Email
  • Facebook
  • Twitter
  • Telegram
  • LinkedIn
  • WhatsApp
  • Reddit

Published on April 2, 2024





Source link

Tags: alternativeAtlanticcorridorsIndiaJaishankarLinkingLogisticOceanPacificworking
ShareTweetShareShare
Previous Post

Tourist helicopter crash in the Alps kills three as three rescued survivors taken to hospital

Next Post

Bills on the Sidewalk – Econlib

Related Posts

TDV: Technology Dashboard For May (BATS:TDV)

TDV: Technology Dashboard For May (BATS:TDV)

by Index Investing News
May 15, 2026
0

This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...

Microsoft Israel chief leaves amid ethical controversy

Microsoft Israel chief leaves amid ethical controversy

by Index Investing News
May 11, 2026
0

Last week Microsoft Israel, the local marketing and sales office of the US software giant, announced the departure of...

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

by Index Investing News
May 7, 2026
0

Mohit Malhotra, Global CEO, Dabur India Dabur India posted a consolidated net profit of ₹362 crore in the March quarter,...

A .5 Billion Contract Isn’t Enough Without Profits

A $7.5 Billion Contract Isn’t Enough Without Profits

by Index Investing News
May 3, 2026
0

Quick Read Jim Cramer said no to Applied Digital (APLD) despite its $7.5 billion CoreWeave contract, arguing the company is...

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

by Index Investing News
April 29, 2026
0

Kevin Warsh, U.S. President Donald Trump's pick to lead the Federal Reserve, cleared a key procedural hurdle on Wednesday, opening...

Next Post
Bills on the Sidewalk – Econlib

Bills on the Sidewalk - Econlib

NAR’s Settlement Paints A Murky Commission Picture

NAR's Settlement Paints A Murky Commission Picture

RECOMMENDED

ETF popularity hits record number

ETF popularity hits record number

September 25, 2022
Fortinet buys Israel’s Notion Level

Fortinet buys Israel’s Notion Level

December 12, 2024
Saylor deems Bitcoin winner over major asset classes as downturn persists; Ethereum outperforming BTC after merge

Saylor deems Bitcoin winner over major asset classes as downturn persists; Ethereum outperforming BTC after merge

November 3, 2022
Pep Guardiola vegetation kiss on cheek of fourth official after telling off

Pep Guardiola vegetation kiss on cheek of fourth official after telling off

December 2, 2025
Player ratings as Los Blancos seal comfortable win

Player ratings as Los Blancos seal comfortable win

February 3, 2023
“Undercover Bitcoin Maxi”: A Talk With Osmosis Co-Founder Sunny Aggarwal

“Undercover Bitcoin Maxi”: A Talk With Osmosis Co-Founder Sunny Aggarwal

October 29, 2022
The libertarian solution – Econlib

The libertarian solution – Econlib

October 31, 2022
Lee Jung-jae felt “horror” returning for Squid Sport season 2

Lee Jung-jae felt “horror” returning for Squid Sport season 2

November 15, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In