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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.