European Commission President Ursula von der Leyen on Saturday called the new economic corridor "historic" and said that these are state-of-the-art connections for the world of tomorrow, faster, shorter and cleaner.
This is a historic and first-of-its-kind initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU, France, Italy, Germany and the US.
Saudi Arabia, is hosting a three-day event in conjunction with the G20 Leader’s Summit to provide an immersive and interactive experience of the Kingdom’s leading projects in various fields.
Faisal Abbas, editor-in-chief of Arab News, is in the national capital with the Saudi delegation accompanying the Saudi Arabian Prime Minister and Crown Prince Mohammed bin Salman Al Saud.
The United States, India, Saudi Arabia, the United Arab Emirates, the European Union and other G20 partners are set to explore the shipping and rail transportation corridor, which is aimed at aiding in the flow of commerce, energy and data from India across the Middle East up to Europe.
Mohammed bin Salman bin Abdulaziz Al Saud will hold a bilateral meeting with Prime Minister Narendra Modi and both the leaders leaders will co-chair the First Leaders’ Meeting of the Strategic Partnership Council.
The leaders of the US, India, Saudi Arabia and other countries are in talks on a possible infrastructure deal involving railroads and ports, Reuters reported on Friday citing sources.