What is the India-Middle East-Europe Economic Corridor that Trump endorsed?

India-Middle East-Europe Economic Corridor, which US President Donald Trump endorsed, is a multinational initiative that consists of two main segments: an Eastern Corridor linking India to Persian Gulf and a Northern Corridor connecting the Gulf to Europe via the Levant and Mediterranean. The corridor includes sea and rail routes. It bypasses both Strait of Hormuz and Suez Canal-Red Sea routes.