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PM hails historic trade corridor linking India, Middle East, EU

The initiative will link railways, ports, electricity and data networks and hydrogen pipelines from India through Mideast and Israel to Europe.

by  i24NEWS and ILH Staff
Published on  09-10-2023 09:01
Last modified: 09-11-2023 10:00
PM hails historic trade corridor linking India, Middle East, EUKOKO

Prime Minister Benjamin Netanyahu | Photo: KOKO

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Prime Minister Benjamin Netanyahu on Saturday hailed the ambitious plan to create an international trade corridor linking Europe, the Middle East and India as the largest collaborative project Israel has ever undertaken.

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The initiative, which includes the United States, Saudi Arabia, the European Union, and the United Arab Emirates, will link railways, ports, electricity and data networks and hydrogen pipelines from India through Mideast and Israel to Europe. It was announced on the sidelines of the G20 summit in New Delhi.

Video: Prime Minister Benjamin Netanyahu speaks about the historic trade route / Credit: Twitter

"Israel is at the focus of an unprecedented international project that will link infrastructure from Asia to Europe," Netanyahu said in a recorded video statement. "This link will also realize a multi-year vision that will change the face of the Middle East, and Israel, and will affect the entire world. This vision starts in India, and passes through the UAE, Saudi Arabia, Jordan, and Israel before reaching Europe."

Netanyahu further stated that "the State of Israel will be a central junction in this economic corridor. Our railways and ports will open a new gateway from India, through the Middle East, to Europe, and back."

"I would like to thank US President Biden and his administration for the major effort that has led us to today's historic announcement. Several months ago, the US contacted us regarding the realization of this historic opportunity. Since then, it has held urgent diplomatic contacts in order to bring about today's breakthrough.

Israel "will contribute its capabilities, all of its experience, momentum, and commitment, to realize the largest cooperation project in our history. All government ministries will be instructed to join in realizing this dream," the prime minister said.

This article was first published by i24NEWS.

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