IGTC
Intercontinental Green Transit Corridor
Skytower Investments supports the recently executed MOU between the KAS and the United State on an Intercontinental Green Transit Corridor to facilitate trade and shared climate adaptation strategies. The KAS will play the key role in encouraging a truly global initiative which will stretch from Saudi Arabia and several of the nation’s proximate to it to South Asia and beyond. The diplomatic initiative should help developing nations, although developed nations should clearly benefit.
While taking a page from history the new effort does recall the DNA of the Silk Road, and the contemporary Belt and Road Initiative. Then as now such an effort helps to spread new thinking, new technology and new understanding about people far distant and unknowable from their respective countrymen and women. Often times this “sharing new thinking” leads to an appreciation of other cultures and individuals that cooperate together in many previously unthinkable ways.
Sustainable Transportation
The transit corridor, which would connect Asia and Europe through Saudi Arabia by railway, aims to facilitate the transfer of renewable electricity and clean hydrogen via cables and pipelines, different ways of solving problems and ensuring a stable and affordable supply of energy to global markets. The market is the ultimate arbiter of value in this case: the marketplace of ideas. People have always been curious about other lands and people. History is full of examples of wanting products with the open opportunity, not requirement, to learn as much as one might want about a society without having to accept everything about that society.
Just as the Silk Road or BRI or with the new intercontinental green corridor; it is very early in the conceptual framework but appears that those that get the most out of it are those societies that use it and support it. Trade is beneficial to people who can focus on what they need or want and often that is what others need and want, as well.
World Trade Boosts Growth
A great statesman once said “the solution to trade problems…is more trade.” Trade is how the world becomes known to us and we understand the good that is part of every culture. This initiative of both the Kingdom of Saudi Arabia and the United States and by extrapolation all nations touched by it; can see it as a useful undertaking and can look at the similar benefits history teaches us.
Saudi Arabia Headquarters
Al Anoud Tower, 8th floor, office 26, Riyadh 11312, Kingdom of Saudi Arabia
P.O.BOX: 245610 Riyadh 11312, Kingdom of Saudi Arabia
Tel: +966 11 477 8773
Fax: +966 11 479 0685
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Fax:+1 202-580-6559
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Tel: +86 10-6561-1089
Fax: +86 10-6561-4038
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