India

Saudi Arabia and UAE sign up for India-Europe trade corridor


In depth
Issue 1177 - 29 Sep 2023 | 5 minute read

Global and regional powers have drawn up a series of plans to develop new trade corridors through Gulf countries over recent years, with the latest emerging at the G20 summit in India which will pass through the UAE, Saudi Arabia and on to Jordan and Israel. The ambitious plan could take decades to realise and will face competition from rival schemes backed by Iran, Iraq, Russia and Turkey. 

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