The Iraqi or Indian-Gulf development path? .. A specialist reviews the reasons for the best
[You must be registered and logged in to see this link.] |Today
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.] |Today
[You must be registered and logged in to see this image.]
+A
-A
Baghdad today - Baghdad
Today, Friday (September 15, 2023), the economic expert, Abdul Rahman Al-Mashhadani, reviewed several advantages that make the Iraqi development path more feasible than the American project to establish a corridor linking the ports of India and Europe, passing through some Gulf countries.
Al-Mashhadani told "Baghdad Today", "US President Joe Biden's project to establish a corridor to connect Indian ports to Europe via the Gulf countries is a political project par excellence and does not carry any economic feasibility compared to the Iraqi development road, which all reports confirm is the best in enhancing global transport."
He added, "The trade conflict between Washington and Beijing is what is behind the proposal of the Biden project," pointing out, "An objective reading of the economic feasibility of transporting goods from India to the ports of the Emirates and from there via railways passing through Saudi Arabia, Jordan, and Israel, and from there to Greece, means double costs due to... Unloading, loading and paying transit to 5 countries, so it does not carry any benefit for companies and merchants.”
Al-Mashhadani pointed out, “The Iraqi development road is characterized by important points, the most prominent of which is reducing the arrival of goods from Southeast Asian ports to Europe by approximately 15 days, in addition to the fact that the unloading and loading process takes place once, not to mention the presence of a wide railway network from Turkey towards most European countries. There is a big difference in transit because it passes through specific destinations.”
He continued, "The development path is purely Iraqi, and its completion will create a qualitative leap in economic performance because of its many positives."
On September 9, during the G20 summit held in India, Saudi Arabia signed a memorandum of understanding to establish the economic corridor from India through Saudi Arabia and then Jordan towards Europe.
A number of social media users and those interested in economic affairs in Iraq put forward warnings that this path would lead to “killing” the Iraqi development path.
On the other hand, the Iraqi government says that the Chinese Belt and Road project, as well as the Indo-European Economic Corridor through Saudi Arabia, are two projects that are not linked to Iraq, so Iraq has proposed a development road project that will be a competitor to these two roads.
The Prime Minister's Advisor for Transport Affairs, Nasser Al-Asadi, revealed yesterday, Thursday, that Prime Minister Muhammad Shiaa Al-Sudani confirmed that there will be a large meeting during the current month to sign memorandums of understanding and initial contracts related to the development road project.
Al-Asadi told the official agency, “At a later time, we will have a very important meeting with one of the world’s leading consultants, for the purpose of studying economic cities, and his name will be important in the project,” noting that “the consultant designed large international cities, including Saudi Arabia’s NEOM.”
He pointed out, "Prime Minister Muhammad Shiaa Al-Sudani confirmed that within a very near period, not exceeding the end of this month, there will be a large meeting to sign memorandums of understanding or contracts in initials."
He pointed out that "the India-Middle East train project that was talked about at the G20 summit passes through many countries, so there must be major agreements between them that may be concluded or disrupted. As for the development path, it is an integrated national project and begins from Iraq to reach... Europe, as the proportion of the route within Iraq is 1,200 km, and within Turkey 2,000 km, and thus the total route line of the Development Road becomes 3,200 km, while the Indian project extends for a distance of 7,000 km, and the Development Road project is the shortest distance and lowest transportation costs.”
[You must be registered and logged in to see this link.]
Today at 9:31 am by Rocky
» MM&C 5/9/24 The Federation of Chambers of Commerce and the European Union discuss cooperation to fin
Today at 9:27 am by Rocky
» MM&C 5/9/24 Customs, security and economic aspects
Today at 9:24 am by Rocky
» Union of Arab Banks: Iraq's environment encourages investment
Today at 6:57 am by Rocky
» Government advisor: Movement to recover bad debts for the benefit of the Iraqi Trade Bank
Today at 6:55 am by Rocky
» The International Development Bank announces the opening of its new branch in Erbil
Today at 6:52 am by Rocky
» Oil seeks to convert refinery products to “Euro 5”... high quality and environmentally friendly
Today at 6:50 am by Rocky
» Budget delay: the cry for help for paralyzed services and disrupted dreams
Today at 6:47 am by Rocky
» Oil: Completion of projects to improve the quality of petroleum products, and others are under imple
Today at 6:44 am by Rocky
» Chairman of the Securities Commission: 3 million shares, average daily trading volume
Today at 6:43 am by Rocky
» Tamim calls on the countries participating in the meetings of the Arab Administrative Development Or
Today at 6:41 am by Rocky
» Parliamentary Endowments: 39 thousand pilgrims, Iraq’s share, and waiving the religious obligation i
Today at 6:39 am by Rocky
» Washington refers to Iraqi legislation that “does not harm” his international presence, and Baghdad
Today at 6:34 am by Rocky
» Deputy: Extending the legislative term depends on sending the budget schedules
Today at 6:30 am by Rocky
» Parliamentary Legal: 88 draft laws on the parliamentary shelf
Today at 6:29 am by Rocky
» The head of the movement denies any Iraqi-American negotiations to remove the coalition
Today at 5:23 am by Rocky
» A deputy expects to resolve the issue of electing the Speaker of Parliament next week
Today at 5:22 am by Rocky
» Obtaining the approval of the Minister of Electricity to fill the energy shortage in Dhi Qar
Today at 5:21 am by Rocky
» Economist on the decline in dollar prices: My time and it will not reach its official price
Today at 5:20 am by Rocky
» The Iraqi Ministerial Council for National Security approves the 2024-2028 strategy
Today at 5:18 am by Rocky
» Mulla Bakhtiar: Nechirvan Barzani's visit to Iran melted the ice between Erbil and Tehran
Today at 5:17 am by Rocky
» Password "78"... Why did the Sudanese government's interrogations and noisy sessions decline?
Today at 5:16 am by Rocky
» JP Morgan forecasts an increase in the oil capacity of Iraq and other countries in 2025
Today at 5:15 am by Rocky
» Turkish Minister of Transport: The development road will cost $20 billion
Today at 5:13 am by Rocky
» The Supreme Committee for Reconstruction and Investment approves a package of strategic projects
Today at 5:12 am by Rocky
» Work: Preparing a unified national strategy to create job opportunities for youth
Today at 5:11 am by Rocky
» The Prime Minister's financial advisor reduces the risks of the budget deficit
Today at 5:10 am by Rocky
» Sudanese announces the signing of an agreement with Japan to finance small and medium enterprises in
Today at 5:09 am by Rocky
» Government Advisor: The Securities Commission represents the governance base for promoting financial
Today at 5:08 am by Rocky
» A unified national strategy to create job opportunities for youth
Today at 5:07 am by Rocky
» A one-week deadline to decide the position of Speaker of Parliament
Today at 5:06 am by Rocky
» Parliament: We coordinate with the competent regulatory authorities to examine medicines
Today at 5:04 am by Rocky
» The Commission suspends the Kurdistan Parliament's voting procedures
Today at 5:03 am by Rocky
» $100 million to localize the pharmaceutical industry
Today at 5:01 am by Rocky
» Increase in external remittances at the Central Bank
Today at 5:00 am by Rocky
» A government advisor reduces the risks of a budget deficit
Today at 4:54 am by Rocky
» Culture: We seek to invest in the stability of the country to advance the tourism sector
Today at 4:53 am by Rocky
» Integrity announces the results of a questionnaire on bribery in real estate registration department
Today at 4:50 am by Rocky
» Parliament comments on Sudanese plan to restructure the government apparatus: It needs radical refor
Today at 4:49 am by Rocky
» The dollar rises again against the Iraqi dinar in Baghdad
Today at 4:45 am by Rocky
» Politician: The government does not deal transparently with the issue of expelling the Americans
Today at 4:43 am by Rocky
» A government bank participating in an accounting project
Today at 4:42 am by Rocky
» Masrour Barzani: The Kurdistan Regional Government has implemented all its obligations and duties
Today at 4:41 am by Rocky
» French Consul: France strengthens relations with the Kurdistan Region
Today at 4:39 am by Rocky
» Studies Center: Sudanese faces the challenges of maintaining sustainable relations with the United S
Today at 4:38 am by Rocky
» “The absence of democracy is not possible.” The federal government remains silent on the postponemen
Today at 4:37 am by Rocky
» Taqadum Party: The absence of the Speaker of Parliament disrupted the general amnesty law
Today at 4:36 am by Rocky
» The file of oil export through Turkish territory is under the control of politicians
Today at 4:33 am by Rocky
» For the sake of the position of president and the budget schedules... there is a preference for exte
Today at 4:32 am by Rocky
» “If you bring the equipment, let’s begin.” Revealing the secrets of Erdogan’s visit to Iraq and the
Today at 4:31 am by Rocky
» Parliamentary moves to approve the Human Organ and Tissue Bank Law
Today at 4:29 am by Rocky
» Electricity embarks on an 11-axis plan to develop the energy sector
Today at 4:27 am by Rocky
» Al-Asadi announces work on legislating a law on occupational health and safety
Today at 4:26 am by Rocky
» Al-Rasheed: Increasing the amount of loans for restoration and maintenance of buildings to 50 millio
Today at 4:25 am by Rocky
» Under the chairmanship of Al-Sudani, Reconstruction and Investment agree on projects related to elec
Today at 4:24 am by Rocky
» Baghdad and Tehran.. New discussions regarding railway connectivity to transport visitors between th
Today at 4:23 am by Rocky
» Immigration: Our plan focuses on the voluntary return of displaced persons and rejecting their house
Today at 4:22 am by Rocky
» An Iraqi trade delegation in Iran to facilitate the export of agricultural crops to Iraq
Today at 4:21 am by Rocky
» Sudanese launches work on the Union Mills Project in Babil Governorate
Today at 4:19 am by Rocky
» Parliamentary demands to resolve the selection of the Speaker of Parliament next week: So far, there
Today at 4:18 am by Rocky
» Sudanese inaugurates a sugar production factory expansion project and three other factories
Today at 4:17 am by Rocky
» Al-Sudani confirms the unlimited support from the government to develop the success story in the pri
Today at 4:16 am by Rocky
» From Babylon... Al-Sudani announces the referral of the large Hilla sewerage project, phase two, to
Today at 4:15 am by Rocky
» Al-Sudani: The factories that opened in Babylon provide more than 4,000 job opportunities
Today at 4:14 am by Rocky
» A representative calls for the payment of lucrative compensation to farmers after the flooding of wh
Today at 4:13 am by Rocky
» Government Advisor: The Securities Commission represents the governance base for promoting financial
Today at 4:12 am by Rocky
» utube MM&C 5/7/24 Iraq Dinar- IQD Update - Regional Trade - A Progession of Reforms - A Global Bac
Yesterday at 6:53 am by Rocky
» MM&C The Iraqi Private Banks Association told NEWS: These are the results of the Prime Minister’s me
Yesterday at 6:52 am by Rocky
» After a break of more than 9 years.. the resumption of a government trade meeting between Iraq and A
Yesterday at 6:51 am by Rocky
» Deputy: The general amnesty law will be passed
Yesterday at 6:46 am by Rocky
» A change in the fuel smuggling map... “control” over the central ports and “laxity” in the north
Yesterday at 6:43 am by Rocky
» Al-Sudani takes three urgent decisions to block the wheat mafias in Iraq
Yesterday at 6:41 am by Rocky
» Electricity embarks on an 11-axis plan to develop the energy sector
Yesterday at 6:39 am by Rocky
» “Thug and smuggler.” A female representative talks about a crocodile in Parliament blackmailing exec
Yesterday at 6:37 am by Rocky
» Al-Sudani told the US State Department: Iraq is keen to strengthen its democratic system
Yesterday at 6:36 am by Rocky
» The Central Bank sells more than $275 million at auction today
Yesterday at 6:34 am by Rocky
» The Minister of Commerce stresses the observance of the Iraqi standard in the supply of goods
Yesterday at 6:33 am by Rocky
» The Iraqi Trade Bank announces its participation in the process of localizing the salaries of Kurdis
Yesterday at 6:32 am by Rocky
» Iraq adopts an advanced system to combat money laundering and terrorist financing
Yesterday at 5:25 am by Rocky
» Increase in Euphrates River levels due to Turkish water releases
Yesterday at 5:22 am by Rocky
» Demands the need to legislate the capital law
Yesterday at 5:21 am by Rocky
» Parliament decided to extend the legislative term by one month
Yesterday at 5:20 am by Rocky
» A bank participating in the process of localizing the salaries of employees in the region
Yesterday at 5:18 am by Rocky
» Parliamentary request to the Ministry of Finance regarding defense mobilization dues/document
Yesterday at 5:17 am by Rocky
» Dollar prices in Baghdad and Kurdistan today
Yesterday at 5:16 am by Rocky
» Al-Rasheed decides to increase the ceiling for granting “construction” loans to 75 million dinars
Yesterday at 5:14 am by Rocky
» A government plan to expand the construction of water harvesting dams
Yesterday at 5:12 am by Rocky
» Frozen or banned? An Iranian official reveals the fate of Tehran’s money in Baghdad
Yesterday at 5:11 am by Rocky
» The Iraqi Trade Bank participates in the process of localizing the salaries of Kurdistan Region empl
Yesterday at 5:10 am by Rocky
» Finance confirms the Iraqi government's desire to benefit from the expertise of French companies
Yesterday at 5:09 am by Rocky
» After targeting its branch in Kurdistan... Dana Gas announces a decrease in its profits to $38 milli
Yesterday at 5:08 am by Rocky
» A parliamentary understanding to extend the legislative term to approve the 2024 budget schedules
Yesterday at 5:08 am by Rocky
» Stopping the Commission’s procedures regarding the region’s elections
Yesterday at 5:06 am by Rocky
» Foreign oil companies violate Iraqi laws
Yesterday at 5:05 am by Rocky
» The position of Speaker of Parliament depends on the political agreement
Yesterday at 5:04 am by Rocky
» The Ministry of Finance decides to send the April salary to the Kurdistan region
Yesterday at 5:02 am by Rocky
» It did not reach the Council.. Parliament determines the mechanisms for dealing with the 2024 budget
Yesterday at 5:01 am by Rocky
» 88 projects awaiting resolution.. What will happen to the stalled laws in Parliament? - Urgent
Yesterday at 5:00 am by Rocky
» Al-Sudani receives the US Undersecretary of State
Yesterday at 4:59 am by Rocky