Adani Ports and Special Economic Zone (APSEZ) and the Port of Marseille Fos, France’s leading port and the Mediterranean’s premier gateway, have signed a Memorandum of Understanding (MoU) to deepen cooperation on trade facilitation, port innovation, and energy transition.
This partnership proposes the creation of an IMEC Ports Club to strengthen coordination among key ports along the India-Middle East-Europe Economic Corridor (IMEC) route, reinforcing connectivity between India and the European Union. This completes the IMEC pathway for India-EU trade, that has been boosted by the FTA between India and the EU.
On the eastern gateway of IMEC, APSEZ’s ports at Mundra and Hazira form a multimodal logistics hub connecting South Asia to West Asia. Through this MoU, Marseille Fos strengthens the western European gateway of the corridor, adding around 70 million tonnes of capacity and extending IMEC’s reach deeper into Europe.
Adani Ports and Special Economic Zone (APSEZ) is the largest commercial ports operator in India accounting for nearly one-fourth of the cargo movement in the country.
| Company Name | CMP |
|---|---|
| EMAMILTD7 | 423.00 |
| ICICINXT50 | 73.83 |
| Arihant Mangal Scheme | |
| PropShare Celestia | |
| TGV Securities | |
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