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Reuters: US, India, Saudi, EU unveil rail, ports deal on G20 sidelines
US, India, Saudi, EU unveil rail, ports deal on G20 sidelinesBy Nandita Bose
September 9, 20233:32 PM EDT
NEW DELHI, Sept 9 (Reuters) - Global leaders announced a multinational rail and ports deal linking the Middle East and South Asia on Saturday on the sidelines of the G20 summit in New Delhi.
The pact comes at a critical time as U.S. President Joe Biden seeks to counter China's Belt and Road push on global infrastructure by pitching Washington as an alternative partner and investor for developing countries at the G20 grouping.
Biden said it was a "real big deal" that would bridge ports across two continents and lead to a "more stable, more prosperous and integrated Middle East."
He said at an event announcing the pact that it would unlock "endless opportunities" for clean energy, clean electricity, and laying cable to connect communities.
…
September 9, 20233:32 PM EDT
NEW DELHI, Sept 9 (Reuters) - Global leaders announced a multinational rail and ports deal linking the Middle East and South Asia on Saturday on the sidelines of the G20 summit in New Delhi.
The pact comes at a critical time as U.S. President Joe Biden seeks to counter China's Belt and Road push on global infrastructure by pitching Washington as an alternative partner and investor for developing countries at the G20 grouping.
Biden said it was a "real big deal" that would bridge ports across two continents and lead to a "more stable, more prosperous and integrated Middle East."
He said at an event announcing the pact that it would unlock "endless opportunities" for clean energy, clean electricity, and laying cable to connect communities.
…