The West does not want to be left behind in the new geopolitical infrastructure contest to win allies and friends where China is currently in the lead. Saudi Arabia and the United Arab Emirates (UAE) are part of an ambitious new rail and sea transport corridor linking India and Europe via the Middle East. Saudi Crown Prince Mohammed Bin Salman, UAE President Sheikh Mohammed Bin Zayed Al Nahyan, Indian Prime Minister Narendra Modi, European Commission President Ursula von der Leyen and United States President Joe Biden announced the project in New Delhi on Saturday on the sidelines of the G20…
AnalysisAsiaEconomy / FinanceMiddle East
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