Ahead of the 10th anniversary of China's Belt and Road Initiative, a coalition of countries including India, US, UAE, Saudi Arabia and the European Union have strategically countered President Xi Jinping. India achieved this by signing an MoU to establish the India-Middle East-Europe Economic Corridor, aimed at fostering economic integration to connect Asia and Europe. Italy, a G-7 power under Prime Minister Giorgia Meloni, is on the brink of exiting China's BRI. Is New Economic Connectivity Corridor Is New Indian Spice Route To Rival The Chinese Silk Road? Business Today TV’s Managing Editor Siddharth Zarabi Spoke To ASK Private Wealth's CIO & Senior Managing Partner Somnath Mukherjee.