MBS announces MoU for economic corridor linking Saudi, India, Middle East and Europe

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Saudi Arabia’s Crown Prince Mohammed bin Salman announced the signing of a memorandum of understanding for an economic corridor between India, the Middle East and Europe on Saturday.

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The corridor, which will increase commercial trade between the three, includes railways, pipelines for electricity and hydrogen and will contribute to international energy security, he said in a speech at the G20 summit in New Delhi.

It will also link the ports of the Middle East, Europe and India, the Crown Prince said.

With Reuters

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