Israel-Hamas war news: As Israel invaded Gaza on the ground on Thursday, targeting Hamas positions using tanks, United States President Joe Biden hinted that hinted that one of the reasons behind Hamas fighters' 7 October attack on Israel was the recent announcement of the India-Middle East-Europe Economic Corridor. According to a GTRI report, the ongoing Israel's war with Hamas fighters in Gaza can derail the prospect of a historic peace deal between Israel and Saudi Arabia, a crucial linchpin in the India-Middle East Europe Economic Corridor (IMEEC) framework The India-Middle East-Europe Economic Corridor was announced by US President Biden, Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen during the annual Group of 20 summit held in India earlier this year.
The first-of-its-kind economic corridor is touted to be a historic initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU, France, Italy, Germany, and the US. Yet, US President Biden said that the reason for the Hamas attack on Israel could be this economic corridor.
"I'm convinced one of the reasons Hamas attacked when they did, and I have no proof of this, my instinct tells me, is because of the progress we were making towards regional integration for Israel, and regional integration . We can't leave that work behind," Biden said, as per ANI reports.
During the Delhi G20 Summit held in September 2023, India, USA, UAE, Saudi Arabia, France, Germany, Italy and the European Union signed a Memorandum of Understanding (MoU) to establish the India-Middle East-Europe Economic Corridor. The corridor will encourage and provide impetus to economic development through enhanced
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