G20 Summit 2023: G20 summit is currently held in the country’s capital Delhi (G20 Summit 2023) is going on. There is a gathering of leaders from all over the world in the summit. Where, the tour of meetings continues. Meanwhile, Prime Minister Narendra Modi is also holding bilateral meetings with many countries. It is being said that during this time PM Ways Can sign many big agreements.
One such big agreement can be seen between India, America, Saudi and Europe. It is being told that a big infrastructure deal is going to happen between these countries. If all the countries agree to this deal, it will greatly benefit India. At the same time, this will be a big blow for the neighboring country China.
Big deal can be done on railways and ports
According to many media reports, there may be a big deal related to railways and ports between India, America, Saudi Arabia and United Arab Emirates (UAE). According to news agency ANI, “A White House official has said that a shipping and rail transport corridor connecting countries in the Middle East, South Asia and Europe is to be announced on the sidelines of the ongoing G20 summit in New Delhi. There is a possibility.”
White House official gave indications
According to White House Deputy National Security Advisor John Finer, a memorandum of understanding (MoU) is expected to be announced today at a meeting focused on global infrastructure on the sidelines of the G20, ANI reported. Once this agreement is signed, it can be seen as an alternative supply chain in a fully developed world system after the pandemic. Finer said President Biden and Prime Minister Modi will meet with other leaders later today for an event focused on global infrastructure.
India will benefit greatly from the deal
“This is not just a railway project, this is a shipping and railway project and it is important for people to understand how massive, ambitious and unprecedented this will be,” Finer said, according to the report. Finer described the to-be-built project as a “net positive” that aims to serve the underprivileged. Let us tell you that the infrastructure deal is expected to connect the countries of the Middle East through the railway network. This network will also connect to India through shipping lanes from the ports of the region. If this project comes to fruition, it will greatly benefit India.
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