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An invitation to take advantage of foreign trade fell to activate production
5/12/2016 0:00
[rtl]To support Iraq's economy
BAGHDAD / Imad Emirate
There is no doubt that reducing imports contributes greatly to the activation of thenational output wheel as demand rises to levels in harmony with the local production process and consumer need. The Iraqi trade relations - Turkish decline since mid-2014, especially after the control of gangs (Daesh) on the city of Mosul , Iraq's second city, as it decreased significantly trade transport Turkish goods to Iraq and dropped the number of Turkish trucks entering the country by about 70,000 trucks a month «about 2,300 aday»
and because of the confusion of transportation, the trucks that entered Iraq from thenorth could no longer go to the south , which led to a decline in the number of trucks expatriate to about 1550 trucks a day , but the latter figure did not exist anymore , noreason to exploit this situation and employment in activating production Iraqi.
Revenue fell
academic economist , Dr. Ahmed Omar al- Rawi said «morning», said the decline ineconomic revenue and falling volume of trade exchange between Iraq and Turkey to pay the Turkish side to consider multiple options , including open Turkey Position - Iran andground it into southern Iraq again, but these routes ascertains feasibility as a result of higher costs
due to the long distances traveled by trucks and it took much longer than it was to go before the presence of terror on the land of the country.
Commercial arranged
pointed narrator to that according to the Association of Turkish exporters, the Turkish exports to Iraq size began to decline since the month of June 2014, which has driven down the order Iraq to third place in the list of biggest Mistoobei Turkish exports, then Turkey 's exports fell again by 46 percent , and this decline Iraq occupied the fifth place in the ranking of countries that import goods
Turkish.
He said, I have between the Minister of the Turkish economy in an interview recently thesize of the Turkish losses resulting from the decline of his country 's exports to Iraq byabout $ 3 billion, while the extent of the Turkish Business Council - Iraq in the Board ofDirectors of Foreign Economic Relations that the continuation of the status quo could lead to losses the Turkish side is estimated at 9 billion
dollars.
Rawi confirmed the importance of this investment back and draw attention to local companies to begin the process of production of all the factories, especially as the country has thousands of factories stalled or declining output for the lack of competitiveness.
Investment losses
and the economic academic impact of terrorism on a large area at high level security threat Mantjt in losses in the Iraqi - Turkish investments, knowing that he was in Iraq ,about 1,500 Turkish companies in the Kurdistan region alone constitutes gain of about 65 percent of the size of the foreign companies operating in the region.
The narrator concluded his speech by referring to the general situation and instability in connecting roads between the two countries, Mazbb in the suspension or postponement of many of the infrastructure that had been initiated by or that were not fully completed projects.
Turkish companies and their branches operating in Iraq , particularly those working in theenergy and food, beverages and electronics sectors were also affected by these consequences.[/rtl]
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