As the US proposes sanctions there are concerns about the risk of being cut off from the interbank system.
The deal outlines performance expectations and initiatives to optimise rail capacity and long-term logistics.
Since late 2023, the Red Sea corridor has been severely impacted by Yemen's Houthi militia.
Private-sector involvement could yield an additional 20 million tonnes by 2027.
Economic success is dependent on a well-integrated and collaborative freight logistics network. – RFA
US self-imposed restrictions are a positive move, says sanitary and phytosanitary law expert.
Early discussions centre around fleet management and optimising supply chains.
Gale says the current period of buoyancy at the port would be even better if there were more vessel calls.
The transport segment is expected to expand the most at a compound annual growth rate of 11.3%.
The roll-on-roll-off arrived with a consignment of 485 fully built vehicles.
