Amtrak Joe is set to announce rail and shipping project with Narendra Modi: ... trends now

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The White House is set to tout announce a new shipping and rail corridor project it calls 'groundbreaking' with prospects of bringing more stability to the turbulent Middle East region by more closely linking regional economies together.

The project is a new rail transportation corridor that would include the U.S. India, Saudi Arabia, the United Arab Emirates, and the European Union – although it isn't exactly 'shovel ready,' with leaders set to announce only a 'memorandum of understanding' on it.

National Security Council official John Finer told reporters traveling in New Delhi Friday it could help 'turn the temperature down' on 'turbulence and insecurity' coming out of the Middle East. 

'It will be a clear demonstration of a new model President Biden has pioneered for more transparent and sustainably sustainable development, sustainable, high standard infrastructure that fills a damaged gap and enables greater prosperity and better connectivity for key regions around the world,' he said.