Friuli Venezia Giulia Proposes Trieste as Key European Hub in India-Middle East Trade Corridor

0
36
Sunset over Porto Vecchio and Trieste. Photo credits Victor Caneva
Reading Time: < 1 minute

by EH

As global powers explore new routes to strengthen trade links between Asia, the Middle East, and Europe, Italian regional officials are positioning the Port of Trieste as a potential linchpin in the emerging economic and transport corridor known as IMEC — the India-Middle East-Europe Corridor.

Cristina Amirante, the Regional Councillor for Infrastructure and Territory for Friuli Venezia Giulia, voiced the region’s ambitions during a preliminary meeting held at Italy’s Ministry of Foreign Affairs to discuss the development of the IMEC project. The initiative aims to establish integrated networks of railways and ports connecting India to Europe via the Arabian Peninsula and the Eastern Mediterranean.

“The Port of Trieste, along with the integrated hinterland logistics system of Friuli Venezia Giulia, has all the necessary features to become one of the European entry points for the IMEC corridors,” Amirante stated. She highlighted Trieste’s strategic location and its designation as the Adriatic’s busiest port as key assets.

The IMEC initiative, announced in 2023 at the G20 summit, is seen as a potential counterbalance to China’s Belt and Road Initiative. While still in early stages, it seeks to enhance trade and infrastructure connectivity across the Indian Ocean and into Europe, bolstering economic cooperation along the route.

Amirante emphasized that the corridor could also enhance existing infrastructures such as the Suez Canal, rather than replace them. “Trieste offers natural advantages for this network,” she said, citing ongoing investments in the port’s infrastructure, an already-operational logistics platform, and established rail links to northeastern Europe and the Balkans.

As international interest grows in diversifying global supply chains and building alternative trade routes, Italy’s northern regions are positioning themselves as pivotal players. Regional officials hope that Trieste’s well-developed intermodal facilities and strong geopolitical position will make it a logical European endpoint for the transcontinental corridor.

Advertisement
Previous articleThe Jewish Cemetery of Nova Gorica: A Silent witness to a Lost Community
Next articleA Breeze, Not a Blast: Trieste’s Tame Bora Stirs Little Fuss
Edward Hunt
Edward is a defence consultant working independently for various companies and governments. He has lived in Trieste since 2017 after moving with his family from London. Currently he also writes articles for various aerospace industry magazines, works with flight simulator game developers and corrects erroneous opinions in the FT comments sections like a Boss.

LEAVE A REPLY

Please enter your comment!
Please enter your name here