Riyadh: Saudi Arabia and the US have signed an MoU for the establishment of the Intercontinental Green Transit Corridor.
According to Saudi media reports, the bilateral MoU between the Saudi and US governments will connect the continent of Asia with the continent of Europe through the Kingdom of Saudi Arabia, which is the establishment of an intercontinental Green Transit Corridor.
Saudi media quoted the government’s statement as saying that the kingdom welcomes the role of the United States to facilitate and support the establishment and implementation of the Green Corridor Transit Protocol-based negotiations with relevant countries. .
The aforementioned agreement provides the protocol and framework for the Transcontinental Green Transit Corridor, which aims to transport renewable electricity and clean hydrogen through transmission cables and pipelines, as well as facilitate the construction of rail links.
It also aims to enhance energy security, support efforts to develop clean energy, promote digital economy through digital connectivity and data transmission through fiber cables and trade and transport of goods through rail and ports. And to promote pregnancy.
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