Ophir Goor, a senior economist at the Israeli Ministry of Finance, said the India-Middle East-Europe (IMEC) trade corridor would generate 3-5 billion shekels per year for Israel's economy. Goor described the project as positioning Israel to lead the region's economic future, according to a report.
The statement comes amid ongoing discussion among Israeli officials and analysts about the strategic and economic potential of the IMEC corridor, a proposed trade route linking India, Israel, the Gulf states, and Europe. As The Zioneer has reported, the corridor has been described as a potential counterweight to Iranian influence and a driver of regional integration. The Finance Ministry's estimate of 3-5 billion shekels annually is one of the first concrete economic projections from a senior ministry official. The project's prospects remain uncertain, with rival routes being explored by Turkey and Syria.
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- DevelopingEx-National Security Adviser Hulata: IMEC corridor could form regional bloc against Iran
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