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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq is approaching China and Turkey to establish the dry canal between Asia and Europe

    Rocky
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    Iraq is approaching China and Turkey to establish the dry canal between Asia and Europe Empty Iraq is approaching China and Turkey to establish the dry canal between Asia and Europe

    Post by Rocky Thu Jan 30, 2020 8:36 am

     Iraq is approaching China and Turkey to establish the dry canal between Asia and Europe

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    Economy News _ Baghdad
    On Thursday, Minister of Transport Abdullah Laibi confirmed Iraq’s endeavor to activate trade exchange between East and West countries and vice versa through the Al-Fao port and dry channel by Iraqi railways.
    A statement issued by the ministry, seen by the "Economy News", said that "Laibi presided over Wednesday, the fourth meeting of the Committee for Diwaniya 70 for the year 2018 regarding the accession of Iraq to the Belt and Road Initiative at the headquarters of the Ministry's office in the presence of members of the committee including representatives of the ministries of the state and other concerned parties."
    The statement quoted Laibi as saying that "the Ministry of Transport has been keen on holding the committee's meetings on an ongoing basis because of its serious interest in this particularly important initiative."
    He continued that, "starting with preparing documents for the inclusion and implementation of infrastructure projects for the initiative in the forefront of railway, port and road projects, from detailed designs and economic feasibility studies, as well as the acquisition of lands located within the tracks of railway lines in accordance with the priorities of these projects to be implemented simultaneously with the establishment of the Grand Faw port"
    and between Laibi "Cabinet Decision No. 10 of 14/14/2020 came about the acquisition of lands located on the path of the Basra-Faw railway project, with a length of 98 km, which links the port of Al-Fao with the national rail network and is planned to be included in the projects of the Ministry of Transport because of its great importance as it represents a factor A major economic development for the country comparable to the oil wealth with financial returns on the one hand and on the other hand is considered a factor of political stability that helps open up prospects for cooperation in all fields between countries.
    The Ministry indicated that the meeting resulted in a number of decisions, the most important of which was;
    First - approaching the Chinese and Turkish authorities through diplomatic channels to form a tripartite Iraqi-Chinese-Turkish committee for the Belt and Road Initiative in a way that ensures the flow of goods and goods through the ports of Iraq and the dry channel between the East and West and in both directions.
    Second - Assigning the representative of the Ministry of Foreign Affairs to draw up a road map for the steps that must be taken for the official accession of our country to this initiative.
    Third - Assigning the Iraqi ports to draw up a qualitative study on transporting goods from the Pakistani port of Foadar to the large Faw port, as the Iraqi-Turkish border and vice versa in conjunction with the railways.
    It should be mentioned that the role of the Ministry of Transport in the Diwaniya Commission Committee No. 70 of 2018 is to accelerate and facilitate the procedures for Iraq’s accession to the initiative and the Asian Investment Bank for Infrastructures, explaining that the committee was formed based on the proposal of the Ministry of Transport as it owns the strategic investment projects of the most important of them (the big FAO project, the dry channel project project Railways and highways) all make Iraq a major transit passage for transporting goods and commodities from the eastern countries towards European markets.

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