September 10, 2023
1 min read

Saudi Arabia’s Green Transit Corridor Deal with US

This project aims to facilitate the transit of renewable electricity and clean hydrogen via transmission cables and pipelines, as well as constructing rail linkages…reports Asian Lite News

Saudi Arabia has announced the signing of a memorandum of understanding (MoU) with the US to establish intercontinental green transit corridors.

The MoU, signed on Friday, provides a framework for developing a protocol for establishing green transit corridors through the kingdom to connect Asia and Europe, Xinhua news agency reported, citing a Saudi Press Agency report.

This project aims to facilitate the transit of renewable electricity and clean hydrogen via transmission cables and pipelines, as well as constructing rail linkages, said the report.

It will also help enhance energy security, promote the digital economy, trade and transport of goods, added the report. 

ALSO READ-Outcome Document unanimously adopted at G20 Health Ministers’ meet

Previous Story

Biden Attends G20 Summit in India, No Scheduled Meeting with Saudi Crown Prince

Next Story

US Confirms Hosting 2026 G20 Summit

Previous Story

Biden Attends G20 Summit in India, No Scheduled Meeting with Saudi Crown Prince

Next Story

US Confirms Hosting 2026 G20 Summit

Latest from -Top News

Bangladesh Sentences Seven Awami League Leaders To Death

Obaidul Quader and six senior Awami League leaders were convicted over violence linked to the 2024 student-led uprising….reports Asian Lite News Desk Bangladesh’s International Crimes Tribunal has sentenced seven senior Awami League

China Tightens Grip On Bangladesh Trade Routes

China-backed roads, bridges and ports are strengthening Bangladesh’s trade corridors while expanding Beijing’s economic reach….reports Asian Lite News Desk China’s infrastructure investments in Bangladesh under the Belt and Road Initiative (BRI) are

BRICS Boosts Assam’s Drug Fight

Assam CM said the development would bring greater international attention to Assam’s efforts to combat the narcotics trade…reports India Daily News Desk Assam Chief Minister Himanta Biswa Sarma on Monday welcomed the

Flood Fury Forces Kailash Pilgrims To Reroute

Rasuwa flooding damaged the key Rasuwagadhi crossing, pushing Kailash-Manasarovar pilgrims towards Tatopani and Hilsa…reports Asian Lite News Desk Severe flooding in Nepal’s Rasuwa district has disrupted passenger movement between Nepal and China,

UK and India Turn AI on Digital Fraud

Britain and India will deepen telecoms cooperation, using AI, shared expertise and stronger networks to tackle increasingly sophisticated online fraud and scams across borders….reports India Daily News Desk The UK and India
Go toTop

Don't Miss

‘Energy trade with US grew 1300% in last 4 years’

On the sidelines of the ADIPEC Conference, the minister also

US partners with tech giants for AI cyber challenge

Google, OpenAI, Microsoft, and Anthropic came together to form a