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    N. Rangasamy Takes Oath as Puducherry Chief Minister for Fifth Time

    N. Rangasamy Takes Oath as Puducherry Chief Minister for Fifth Time

    Tamil Nadu Govt Transfers 4 IAS Officers; IAS N Muruganandam Appointed as Commissioner of Revenue Administration

    Tamil Nadu Govt Transfers 4 IAS Officers; IAS N Muruganandam Appointed as Commissioner of Revenue Administration 

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    Dharmendra Pradhan Inaugurates India’s First Integrated CCUS Laboratory at IIT Bombay 

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    Himanta Biswa Sarma Sworn In as Assam Chief Minister for Second Term

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    Cipla Q4 Net Profit Slumps 54% to Rs 555 Crore; Announces Rs 13 Final Dividend

    Cipla Q4 Net Profit Slumps 54% to Rs 555 Crore; Announces Rs 13 Final Dividend

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    Dharmendra Pradhan Inaugurates India’s First Integrated CCUS Laboratory at IIT Bombay 

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    Stock Market Today: Sensex Ends Higher, Nifty Above 23,400 as Govt Hikes Gold Import Duty

    Stock Market Today: Sensex Ends Higher, Nifty Above 23,400 as Govt Hikes Gold Import Duty

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    Cipla Q4 Net Profit Slumps 54% to Rs 555 Crore; Announces Rs 13 Final Dividend

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    Govt Hikes Import Duty on Gold, Silver to 15% to Curb Demand, Stabilise Rupee

    Govt Hikes Import Duty on Gold, Silver to 15% to Curb Demand, Stabilise Rupee

    Gold Price India Today: Check City-Wise 24K, 22K Gold, Silver Rates Amid Markets Crash

    Gold Price India Today: Check City-Wise 24K, 22K Gold, Silver Rates Amid Markets Crash

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India, Saudi Arabia, US in talks for a Rail, Port connectivity deal

By: APAC Media

by APAC Media
September 8, 2023
in News
Reading Time: 1 min read
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Summarize with:

New Delhi: The leaders of India, Saudi Arabia and the US are discussing a possible infrastructure deal that involves railroads and ports. This move by the White House is a response to China’s increasing influence in the Middle East through Beijing’s Belt and Road vision.

The Biden administration is aiming to finalise a major deal with Saudi Arabia, potentially involving a normalisation agreement between Saudi Arabia and Israel, before the 2024 election season takes centre stage for US President, Joe Biden.

The aim of the project is to create a network of railways that connects Arab nations in the Levant (referring to Cyprus, Jordan, Israel, Lebanon, Palestine and Syria) and the Gulf (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE). According to the sources, this network will have links to India through Gulf seaports.

This initiative can be traced back to discussions between the group I2U2, which comprises the US, Israel, the UAE and India, spanning over the past 18 months. This forum was established in late 2021, as a counterweight to China’s increasing influence in the Middle East, with the objective of exploring strategic infrastructure projects.

Israel proposed the idea of regional railway connections during the I2U2 meetings. According to a source, this plan will depend on India’s expertise in large-scale infrastructure projects.

Summarize with:
Tags: #InfrastructureDevelopmentBeijingChinaGulf Cooperation CouncilI2U2IndiaIndian RailwaysJoe BidenLevantMiddle EastSaudi ArabiaUSAWhite House
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