
President Joe Biden and his allies plan to roll out plans on Saturday for a shipping corridor that would connect India with the Middle East and ultimately Europe — a possible game changer for global trade to be announced at the Group of 20 summit.
The proposed memorandum of understanding for a shipping and rail transportation corridor would include the United States, India, Saudi Arabia, the United Arab Emirates, the European Union and other countries in the G20, said Jon Finer, the president's deputy national security adviser.