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NEW DELHI: Work on the India-UAE leg of the strategic India-Middle East Europe Economic Corridor (IMEE-EC) is set to kick off with the digital platform to exchange information between ports of the two countries likely to be operational within the first 100 days of the Modi govt.
While the tension in West Asia had cast its shadow on the high-profile project to connect ports on India’s western coast with European ports, last week the G7 gave a strong backing to the ambitious multi-country link that is aimed at derisking logistics and speeding up cargo movement.
The India-UAE sea corridor itself is split into five phases with the second one focusing on customs connectivity and the third on regulatory agencies.
A key element of the IMEE-EC strategy is seamless movement of cargo from, say, Hajipur (Bihar) to Haifa in Israel which will mean common port and customs documentation across the countries – from India and UAE to Jordan and Israel — and standardised equipment and containers in all ports and dry docks. Once in place, the plan is to ship goods from the Indian ports to Haifa in 48 hours. But that will also require construction of missing rail links in parts of Saudi Arabia and Jordan, for which initial assessment is being undertaken. An Indian public sector company is involved with the exercise, sources said.
“Although we have ships operating between India and UAE, the first phase of the project will syncronise the procedures for cargo and vessel clearances at ports on both sides through digitally enabled platforms streamlining operation. This will be the beginning of the IMEE-EC and will ensure ease of business,” said a source. Mainly containerised items will be transported through the multi-national transport corridor.
This system will be operational between ports such as Mundra, Nhava Sheva and Kandla in India and Jabel Ali in the UAE.
Officials said the govt nod to develop a mega port at Vadhavan in Maharashtra will also become a part of the IMEE-EC.
While the tension in West Asia had cast its shadow on the high-profile project to connect ports on India’s western coast with European ports, last week the G7 gave a strong backing to the ambitious multi-country link that is aimed at derisking logistics and speeding up cargo movement.
The India-UAE sea corridor itself is split into five phases with the second one focusing on customs connectivity and the third on regulatory agencies.
A key element of the IMEE-EC strategy is seamless movement of cargo from, say, Hajipur (Bihar) to Haifa in Israel which will mean common port and customs documentation across the countries – from India and UAE to Jordan and Israel — and standardised equipment and containers in all ports and dry docks. Once in place, the plan is to ship goods from the Indian ports to Haifa in 48 hours. But that will also require construction of missing rail links in parts of Saudi Arabia and Jordan, for which initial assessment is being undertaken. An Indian public sector company is involved with the exercise, sources said.
“Although we have ships operating between India and UAE, the first phase of the project will syncronise the procedures for cargo and vessel clearances at ports on both sides through digitally enabled platforms streamlining operation. This will be the beginning of the IMEE-EC and will ensure ease of business,” said a source. Mainly containerised items will be transported through the multi-national transport corridor.
This system will be operational between ports such as Mundra, Nhava Sheva and Kandla in India and Jabel Ali in the UAE.
Officials said the govt nod to develop a mega port at Vadhavan in Maharashtra will also become a part of the IMEE-EC.
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