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?
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.
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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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
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