BusinessEgypt, Lebanon, Oman, Cyprus Seek to Join IMEC Amid Hormuz Crisis
Egypt, Lebanon, Oman, and Cyprus have expressed interest in joining the Indian-Mediterranean Economic Corridor (IMEC), according to French envoy Gérard Mestrallet. A ministerial meeting may be held by year-end to discuss expanding the corridor. The need for multiple resilient trade routes has grown due to disruptions in Gaza, Iran, and the Strait of Hormuz.
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