The proposed memorandum of understanding for a shipping and rail transportation corridor would include the United States, India, Saudi Arabia, the United Arab Emirates, the European Union and other countries in the G20, said Jon Finer, the president’s deputy national security adviser.plan to announce the project as part of the Partnership for Global Infrastructure Investment. The rail and shipping corridor would enable greater trade among the countries, including energy products.
“We see this as having a high appeal to the countries involved, and also globally, because it is transparent, because it is a high standard, because it is not coercive,” Finer said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Middle Kingdom meets the Middle EastThe U.S. seems aware, if belatedly, that it is losing ground in the Middle East to Beijing.
Source: dcexaminer - 🏆 6. / 94 Read more »
U.S.-Backed Transit Corridor Looks to Connect Europe, Middle East, AsiaThe project aims to connect Saudi Arabia, United Arab Emirates and potentially Israel by freight rail, then use sea transport to reach India and Europe.
Source: WSJ - 🏆 98. / 63 Read more »
Goodyear stock ticks higher after company to cut jobs in Europe, Middle East and AfricaShares of Goodyear Tire & Rubber Co. rose 1.5% in the extended session Friday after the tire company said it has embarked on a “rationalization plan and...
Source: MarketWatch - 🏆 3. / 97 Read more »
Biden heads to India for G20 summitIn India, President Biden will pitch the message that the American economy is strong, and a model for other countries.
Source: CBSHealth - 🏆 480. / 51 Read more »
ANALYSIS: 5 things to watch as Biden travels to India for G20, Vietnam to announce partnershipPresident Joe Biden is scheduled to depart for India and Vietnam Thursday on a trip that includes the Group of 20 summit and is designed to furthe...
Source: AllSidesNow - 🏆 572. / 51 Read more »
Biden travels to India for G20 summitPresident Biden travels to India Thursday where he will join leaders and representatives of the world's biggest economies for the G20 summit in New Delhi. CBS News senior White House and political correspondent Ed O'Keefe has more on the trip.
Source: CBSHealth - 🏆 480. / 51 Read more »