Saudi Arabia, US Sign MoU to Establish Asia-Europe Green Transit Corridors
TEHRAN (ANA)- Saudi Arabia announced the signing of a memorandum of understanding (MoU) with the United States to establish intercontinental green transit corridors.
The MoU provides a framework for developing a protocol for establishing green transit corridors through the kingdom to connect Asia and Europe, the Saudi Press Agency reported.
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.
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