Trump Proposes $10B Middle East Infrastructure Project

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Wall Street Journal: “Under the initiative—called Partnership for Allied Trust and Construction, or Pact—the U.S. would then seek a matching $5 billion contribution from eight Middle Eastern partners to help countries in the region rebuild energy infrastructure battered in the Iran war.”“The plain aims to reduce the region’s reliance on the Strait of Hormuz to transport oil and gas. It’s unclear when, or even if, other countries will sign on.”