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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Turkey is between the paths of FAO and India... a tendency towards development with Iraq and securit

    Rocky
    Rocky
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    development - Turkey is between the paths of FAO and India... a tendency towards development with Iraq and securit Empty Turkey is between the paths of FAO and India... a tendency towards development with Iraq and securit

    Post by Rocky Mon 18 Sep 2023, 4:06 am

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    [size=52]Turkey is between the paths of FAO and India... a tendency towards development with Iraq and security and financial doubts[/size]

    [size=45]Yesterday, a British report revealed Turkey’s efforts to proceed with the “development path” project with Iraq and its opposition to the plan recently presented at the G20 summit, to establish a trade corridor extending from India towards the Emirates and Saudi Arabia, all the way to the Israeli port of Haifa.[/size]
    [size=45]The Financial Times newspaper reported in a report that Turkey is engaged in “intensive negotiations” on the “development route,” which is considered an alternative to the G20 plan on the trade route from India and the Middle East, which will transport goods from the Indian subcontinent via the UAE, Saudi Arabia, Jordan and Israel. Towards European markets.[/size]
    [size=45]The report explained that “the proposed trade corridor, which is supported by the United States and the European Union as part of their attempt to confront China’s growing influence, will completely bypass Turkey.”[/size]
    [size=45]The report quoted Turkish President Recep Tayyip Erdogan, saying after the conclusion of the G20 summit, that “it is not possible to have a corridor without Turkey,” adding that “the most appropriate route for trade from east to west must pass through Turkey.”[/size]
    [size=45]The report noted that “Since then, Turkish Foreign Minister Hakan Fidan has intensified Turkish doubts about the proposed project,” stressing that “experts have doubts about the rationality and efficiency of the primary goal (of the India-Middle East corridor),” in addition to the existence of “additional geostrategic concerns.” “.[/size]
    [size=45]The report quoted Fidan as saying in a special statement, “The trade route does not only mean meeting trade alone. It is also a reflection of geostrategic competition.”[/size]
    [size=45]After the report said that Turkey is keen to emphasize its traditional role as a bridge between the East and the West, a role that dates back centuries with the emergence of the ancient Silk Roads, it explained that Ankara, in return, is promoting the alternative represented by the “Development Road” initiative from the large port of Al-Faw, as Fidan confirms that “Intensive negotiations” are taking place with Iraq, Qatar, and the UAE about the project, which will be started “within the next few months.”[/size]
    [size=45]The report indicated that “the proposed development road, which costs $17 billion, will transport goods from the large port of Al-Faw in southern Iraq through 10 Iraqi governorates to reach Turkey, where the plan will rely on 1,200 km of high-speed railways and a parallel road network.”[/size]
    [size=45]The report continued, “The plan includes three phases, the first of which aims to be completed in 2028 and the last in 2050.” However, the report spoke of concerns on the part of analysts regarding the feasibility of the “Development Road” project for financial and security reasons.[/size]
    [size=45]In this context, the report quoted Emre Becker, a researcher at the Eurasia Group, saying, “Turkey lacks the necessary funding to realize the full scope of the project, and it appears to be relying on Emirati and Qatari support to build the proposed infrastructure.”[/size]
    [size=45]Baker continued by saying, “In order for this to be achieved, the Gulf countries must be convinced of good returns on investment, which is not directly clear in the (Development Road) project.”[/size]
    [size=45]According to Baker, there are also “issues related to security and stability that threaten the construction process and the long-term feasibility of the project.”[/size]
    [size=45]The report stated that “Iraq suffers from rampant corruption, deteriorating infrastructure, weak governance, and regular waves of political instability, in addition to that it is also unclear how Iraq will finance the project.”[/size]
    [size=45]On the other hand, the report said, “Western analysts and diplomats say that the proposed G20 corridor may require decades, if it is accomplished at all.”[/size]
    [size=45]The report saw that “Turkey is trying to expand the strategic line between the West and the East by trying to maintain strong relations with the United States and the European Union, as well as with Russia and China, an approach that has sometimes led to raising tensions with the West.”[/size]
    [size=45]According to Baker, “Ankara generally supports China’s Belt and Road Initiative,” but he pointed out that Ankara’s role in the plan was limited, as Beijing had placed investments amounting to about $4 billion in Turkey through the “Belt and Road Initiative,” which represents... Only 1.3% of total Chinese investments in the initiative.”[/size]
    [size=45]The report quoted the director of foreign policy studies at the SITA research institution, Murat Yesiltas, as saying, “Despite the existence of the alternative proposal represented by the Iraqi ‘development path’, Ankara can still push to join the India-Middle East Initiative.”[/size]
    [size=45]After the report indicated that “Erdogan may have an opportunity to present his case now if he meets in New York with US President Joe Biden,” Yesiltas was quoted as saying that Turkey can highlight its geographical location suitable for trade, and it can also showcase its influence in the region, especially after the improvement Recent relations with Saudi Arabia and the Emirates.[/size]
    [size=45]According to Yesiltas, “Turkey has great political influence in the region, and is able to facilitate trade negotiations and resolve disputes between the countries participating in the corridor.”[/size]
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