In a improvement that has left Lebanon on the sidelines, a vital transportation venture 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 objective of this expansive enterprise is to optimize the circulate of products between Asia and the Center East, with ambitions stretching all the best way to Europe.
Moreover, it encompasses the transmission of renewable power and clear hydrogen by way of 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 US, a key sponsor and monetary backer of this venture, 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 numerous sectors, together with commerce, power, and the digital economic system.
These missed alternatives may have injected vitality into the nation’s economic system and opened doorways to a plethora of job prospects.
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