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In a improvement that has left Lebanon on the sidelines, an important transportation undertaking is forging forward with out its involvement.
This bold initiative establishes a sea hyperlink between India and the United Arab Emirates, adopted by a land-based railway connection to Saudi Arabia.
In the meantime, Jordan has opted for Israel’s Haifa port as its gateway to the Center East earlier than embarking on its journey to Europe.
The first aim of this expansive enterprise is to optimize the movement of products between Asia and the Center East, with ambitions stretching all the way in which to Europe.
Moreover, it encompasses the transmission of renewable vitality and clear hydrogen via intricate networks of cables and pipelines.
Regrettably, Lebanon finds itself conspicuously absent from this grand enterprise.
Analysts have been fast to dissect Lebanon’s exclusion, with many pointing to the nation’s enduring political and financial turbulence as a major deterrent to potential buyers.
Additional complicating issues, the USA, a key sponsor and monetary backer of this undertaking, is strategically aligning itself with Israel to bolster the latter’s financial prosperity.
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The ramifications for Lebanon are appreciable, because the nation forfeits the chance to safe billions of {dollars} throughout varied sectors, together with commerce, vitality, and the digital economic system.
These missed alternatives might have injected vitality into the nation’s economic system and opened doorways to a plethora of job prospects.
Associated: 7 Varieties Of Individuals You’re Assured To Meet When You’re In Lebanon
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