Israel [is] promoting their “Tracks for Regional Peace” initiative that is intended to create a trade route connecting Europe with the Persian Gulf and Israel...
“Tracks for Regional Peace” is based on the planned extension of railway tracks in northern Israel, which would link Haifa’s seaport to Jordan’s rail network, which in turn will be linked with that of Saudi Arabia and other Sunni Arab states.
The network is envisioned as creating a regional transportation system to enhance trade relations and promote peaceful coexistence.
[T]he initiative will also include a stop in Jenin, connecting the Palestinians to the broader plan.
The initiative is said to also offer shorter, cheaper, and safer trade routes in light of regional instability threatening passageways through the Strait of Hormuz in the Persian Gulf and the Bab al-Mandab Strait at the southern end of the Red Sea.
[The Times of Israel]
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