The recent announcement of a US-backed rail and shipping project linking India with the Middle East and Europe is seen as a challenge to Beijing's "Belt and Road Initiative."
Prime Minister Narendra Modi on September 9 announced the launch of the India-Middle East-Europe mega economic corridor during G20 summit. The project includes India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany and the US
Saudi Arabia considering investing in Made in Italy fund reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Italy, Saudi Arabia sign deal to boost investments theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.