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At the G20 conference — the premier forum for international economic cooperation —  U.S. President Joe Biden declared that Israel, France, Germany, Italy, the United States, Saudi Arabia, and the United Arab Emirates (UAE) will establish the "India-Middle East-Europe Corridor" (IMEC): a multimode transit corridor spanning over 3,000 miles. Israel, which has prioritized improving ties with the Gulf countries over the past three years, praised the initiative, claiming that it "changes our global and historical situation" and advances the goal…