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Russia And Saudi Arabia Just ANNOUNCED A New MEGA Railway Route Set To Disrupt The Entire Industry

Russia And Saudi Arabia Just ANNOUNCED A New MEGA Railway Route Set To Disrupt The Entire Industry

#economy #market #trade

As the world's energy demands continue to evolve, so do the strategies of major players seeking to secure their positions on the global stage. The alliance between Russia and Saudi Arabia, two of the most influential energy powerhouses, has just taken a captivating twist.

In a momentous revelation, Russia and Saudi Arabia have joined forces to unveil a railway project that has the potential to redefine how energy resources flow across continents.

In this video, we will cross the complex web of alliances and rivalries, examining how this project could potentially shift the balance of power in the energy arena. From the heart of Russia's resource-rich lands to the vast deserts of Saudi Arabia, this railway serves as a testament to the relentless pursuit of innovation and cooperation, even in the face of global complexities.

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Thanks For Watching Our Video; Russia And Saudi Arabia Just ANNOUNCED A New MEGA Railway Route Set To Disrupt The Entire Industry

So, we've got this news about cargo moving through Iran soon. It will enter from Turkmenistan via the Incheh-Boroun border crossing, aiming to reach Bandar Abbas down south for a trip to Saudi Arabia.

Picture a train carrying 36 containers on a journey known as the International North-South Transport Corridor, as Miad Salehi points out.

Now, the cool part? This new route is all about efficiency. It's estimated that this path could shave off a good chunk of delivery time, saving a bunch of days. And the cherry on top is that the cost of transit along this route has dropped by almost half, thanks to some nifty reductions in customs tariffs. Nice little bonus, right?

This whole setup is a key player in moving products around. We're talking nearly $250 billion worth of goods from places like India, China, and East Asia headed to Europe through this corridor. So, it's kind of a big deal.

Recently, the founding member countries of the International North-South Transport Corridor – Iran, Russia, and India – got together in Tehran. They called it "Iran Rah," and it was all about finding ways to boost freight transit along this exciting new route.

This meeting was a powerhouse of key figures, with the lineup including top-tier officials like Iran's Transport and Urban Development Minister and India's Deputy National Security Advisor. It's like a league of influential minds coming together to pave the way for some big moves.Now, picture this: During this meeting, the stage was set for some significant discussions.

Iran didn't hold back on sharing its core principles, ones that revolve around teamwork, making trade smooth as butter, and getting smart about transit development. It's like they've got this blueprint for successful partnerships that's as clear as day.

But here's where the excitement kicks in.

Iran's not just talking the talk; they're walking the walk when it comes to collaborating with their neighbors. It's like they've got this turbocharged enthusiasm to team up for a mega boost in trade.

And that's not all, they've got a strategy that's as clever as a chess move. By hitching their wagon to the Shanghai Cooperation Organization and the Eurasian Economic Union, Iran flinging open doors of opportunities for their trade pals.

India's also pretty keen on making this corridor a success. They've got their resources ready to roll and they're all in for collaboration with Iran and Russia to get the job done right.

Do you know what Lavitin's got in mind? He's talking about having a single strategy for trading through this corridor. It's like the golden rule for making trade work smoothly in this initiative. And guess what? The big topic in this meeting was all about setting that common framework and getting everyone on the same page who's interested in using this route.

Also, he's got a vision for this corridor to be like a humanitarian pathway, and he's giving a shout-out to all the countries around to hop on board and make it happen.

Now, let's rewind a bit. Let's take a journey back in time to the year 2000, when the seeds of the International North-South Transport Corridor were first planted by none other than Iran, Russia, and India.

Now, fast forward to today, and: the INSTC has blossomed into this epic multi-modal network, like a dynamic web woven across countries.
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Видео Russia And Saudi Arabia Just ANNOUNCED A New MEGA Railway Route Set To Disrupt The Entire Industry канала Tech Revolution
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9 сентября 2023 г. 9:45:01
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