India, the US, UAE, Saudi Arabia, France, Germany, Italy, and the European Union have signed a Memorandum of Understanding (MoU) to create the India-Middle East-Europe Economic Corridor (IMEE-EC) aimed at fostering economic integration to link Asia and Europe.
On September 9, 2023, PM Narendra Modi and fellow leaders inaugurated the Global Biofuel Alliance during the G20 Summit in New Delhi. The Alliance's mission is to accelerate the worldwide adoption of biofuels through technology innovation and increased use of sustainable biofuel sources.