Adani’s APSEZ, French port Marseille Fos sign pact to boost connectivity

Adani Ports and Special Economic Zone Ltd (APSEZ) has signed a memorandum of understanding with France’s Port of Marseille Fos to deepen cooperation on trade facilitation, port innovation and energy transition, strengthening connectivity along the IndiaMiddle EastEurope Economic Corridor (IMEC).
The initial pact proposes the creation of an IMEC Ports Club to enhance coordination among key ports along the IMEC route and reinforce connectivity between India and the European Union. The development completes the IMEC pathway for India-EU trade, boosted by the Free Trade Agreement between India and the EU, termed “the mother of all deals” by Prime Minister Narendra Modi.
The MoU was signed during the visit of French President Emmanuel Macron, aligning the expanding India-France strategic partnership with the broader IMEC and India-EU trade vision, APSEZ said in a statement.
Launched at the 2023 G20 Summit in New Delhi, IMEC is a 6,000-km multimodal connectivity initiative linking India a