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Saudi Arabia, US sign MoU to establish Asia-Europe green transit corridors

09 Sep 2023
World
Saudi Arabia, US sign MoU to establish Asia-Europe 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.--IANSint/sha

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)