Saudi Arabia and the US signed on Sept. 8, a memorandum of understanding (MoU) between the two countries.
The MoU provides a framework for developing a protocol on establishing intercontinental green transit corridors through the Kingdom to connect Asia with the European continent.
The project aims to facilitate the transit of renewable electricity and clean hydrogen via transmission cables and pipelines as well as constructing rail linkages.
Saudi Arabia welcomes the role of the US to facilitate and support the negotiations, establishment, and implementation of the green corridors transit protocol with the relevant countries.