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Prime Content | 
Choosing Paths: Development Road or IMEC, which benefits trade more?

30 Apr '24
103 min read
Choosing Paths: Development Road or IMEC, which benefits trade more?
Pic: Adobe Stock

Insights

  • Turkiye's announcement of the Development Road as an alternative to the IMEC has introduced another route for accessing Europe.
  • The comparison of IMEC with the proposed corridor shows that they share the same objectives, but differ in costs, transit times, and the regions they cover.
  • Turkiye, China and the UAE stand to benefit significantly from the routes.
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