Biden, Modi and G20 allies unveil rail and shipping project linking India to Middle East and Europe
apnews.com
President Joe Biden and his allies on Saturday announced plans to build a rail and shipping corridor linking India with the Middle East and Europe, an ambitious project aimed at fostering economic growth and political cooperation.
“This is a big deal,” said Biden. “This is a really big deal.”
The corridor, outlined at the annual Group of 20 summit of the world’s top economies, would help boost trade, deliver energy resources and improve digital connectivity. It would include India, Saudi Arabia, the United Arab Emirates, Jordan, Israel and the European Union, said Jake Sullivan, Biden’s national security adviser.
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China has One Belt, One Road and USA now has One Shipping channel, One Rail
China does not have one road anymore. Once Russia invaded Ukraine the entire project collapsed. It is not possible to run the rail from China to Poland (there already was a functioning hub for China-EU railway transport in central Poland before the war) without crossing Ukraine or Russia and Belarus. And all three of these countries are kinda off-limit for who-know-how long. Meanwhile the West kinda soured on the Chinese products and offshoring so once the war is over there will be no more incentive to resume large-scale operations of the belt and road.