Saudi Arabia, US Sign MoU on Intercontinental Green Transit Corridor Protocol Development

Saudi Arabia and the United States signed a Memorandum of Understanding (MoU) on the provision of a framework for developing a protocol for establishing intercontinental green transit corridors through Saudi Arabia; connecting Asia with Europe.

The Saudi Press Agency (SPA) stated today that the project aims to facilitate the transit of renewable electricity and clean hydrogen via transmission cables and pipelines in addition to the construction of rail linkages.

The MoU also aims to enhance energy security, support clean energy development efforts, promote a digital economy through digital connectivity and transmission of data via fiber cables, as well as to promote commerce and the transport of goods by rail and through sea ports.

Source: Qatar News Agency