US, Saudi Arabia, India discuss possible rail, port deal - sources - ZAWYA

The US, Saudi Arabia, India, and other nations are discussing a potential infrastructure deal to connect Middle Eastern countries by railways and ports, linking the Gulf and South Asia. These talks, which may or may not yield a result, are aimed at countering China's Belt and Road Initiative. The deal could reduce shipping times and costs, and make trade faster and cheaper. The negotiations come as the Biden administration seeks a diplomatic deal in the Middle East and attendance at the G20 conference in India. Saudi Arabia is also discussing potential investments with Italy.

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