Friday, September 8, 2023

US, Saudi Arabia, UAE and India said aiming to ink joint railway deal at G20

Leaders of the United States, India, Saudi Arabia and the United Arab Emirates were working to finalize a joint infrastructure deal that could be announced this weekend at the Group of 20 summit in New Delhi, according to an official familiar with the matter.

If it comes together, the arrangement would involve ship transit between India and Saudi Arabia, then trains through Saudi Arabia and the UAE, likely to Jordan, then ship transit to Turkey and onward from there by train, according to a diplomat familiar with the negotiations.

Biden is aiming to use the G20 to show participating countries that the US and its like-minded allies are better economic and security partners than China. READ MORE