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Saudi Arabia's Role in Global Trade
The article focuses on Saudi Arabia's efforts to enhance its position as a global logistics hub, leveraging its unique location that connects Asia, Europe, and Africa, with coastlines along the Red Sea and the Arabian Gulf. Saudi Arabia is concentrating on developing ports, road networks, and railways, in addition to utilizing modern technologies to improve cargo movement efficiency and reduce time and costs. The kingdom's goal is to capitalize on its strategic location to achieve an economic transformation—from merely a transit point to a platform that adds value to global trade—while strengthening its geopolitical and economic influence through control over supply chains and integrated market connectivity. The main challenge lies in maintaining navigation security in the Red Sea and ensuring the stability of maritime routes, which supports global trade and lowers transportation costs. This transformation is viewed as a means to bolster the kingdom's economic power on the international stage.
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