John Sfakianakis: 'IMEC Can Help The Strait Of Hormuz, But It Cannot Replace' It
In an interview with India Today, John Sfakianakis, Chief Economist and Head of Economic Research at the Gulf Research Center and Associate Fellow at Chatham House, analyzed the feasibility of the India-Middle East-Europe Economic Corridor (IMEC) and mounting Middle East tensions. Evaluating the corridor, Sfakianakis noted, "IMEC can help the Strait of Hormuz, but it cannot replace the Strait of Hormuz." He highlighted major political, diplomatic, and infrastructural hurdles facing the project, pointing out that Saudi Arabia and Israel lack diplomatic ties and that the Arabian Peninsula currently lacks cross-border rail links. Addressing regional geopolitical friction, he explained that Saudi Arabia maintains a two-state solution for Palestine as a prerequisite for normalized ties with Israel. Sfakianakis also warned of broader economic ramifications from persistent conflicts involving Iran, Russia, and the United States, stressing that rising inflation remains the primary threat confronting global economies.





