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[size=36]The Minister of Transport and the Director of the Iraqi Exhibitions Company discuss commercial agreements with the Saudi side[/size]
Economie| 08:48 - 04/09/2021
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Baghdad - Mawazine News
The Iraqi General Company for Exhibitions and Commercial Services announced, on Saturday, that the Minister of Transport, Nasser Al-Shibli, and the Director of the Iraqi Exhibitions Company, Sarmad Taha Saeed, discussed with the Saudi side the strengthening of relations between the two countries by increasing the volume of trade exchange through the new port of Arar, facilitating procedures, and accelerating the movement of trade exchange.
In a statement received by Mawazine News, the director of the Iraqi Exhibitions Company said that it had been agreed to expand the capacity of the new port of Arar on the Saudi and Iraqi sides through the implementation of the project to expand the road linking the port and the Saudi border "to enter larger quantities of goods.
In terms of maritime transport and ports, Saeed confirmed that the two countries' transport ministers agreed in Riyadh to sign a cooperation agreement between Saudi Arabia and Iraq in the field of maritime transport "as soon as the internal procedures are completed."
He pointed out that the two sides also agreed to "enhance the role of ports and encourage the navigation line between King Abdul Aziz Port in Dammam and Umm Qasr Port in Iraq."
The two sides also "agreed to activate the air transport agreement and to continue cooperation in the fields of air transport, air safety, aviation security and airports."
It is worth noting that the Arar border crossing is located in Anbar Governorate, which extends in the west and southwest of Iraq, and shares borders with Jordan, Syria and Saudi Arabia. The move aims to allow the passage of goods and travelers, which means another gateway for imports entering Iraq, which currently imports the bulk of its needs from Iran, the second largest country in terms of trade exchange with Iraq. The two countries are also seeking to reopen the al-Jumaymah crossing, a second land port in southern Iraq. Ended 29/R77
In a statement received by Mawazine News, the director of the Iraqi Exhibitions Company said that it had been agreed to expand the capacity of the new port of Arar on the Saudi and Iraqi sides through the implementation of the project to expand the road linking the port and the Saudi border "to enter larger quantities of goods.
In terms of maritime transport and ports, Saeed confirmed that the two countries' transport ministers agreed in Riyadh to sign a cooperation agreement between Saudi Arabia and Iraq in the field of maritime transport "as soon as the internal procedures are completed."
He pointed out that the two sides also agreed to "enhance the role of ports and encourage the navigation line between King Abdul Aziz Port in Dammam and Umm Qasr Port in Iraq."
The two sides also "agreed to activate the air transport agreement and to continue cooperation in the fields of air transport, air safety, aviation security and airports."
It is worth noting that the Arar border crossing is located in Anbar Governorate, which extends in the west and southwest of Iraq, and shares borders with Jordan, Syria and Saudi Arabia. The move aims to allow the passage of goods and travelers, which means another gateway for imports entering Iraq, which currently imports the bulk of its needs from Iran, the second largest country in terms of trade exchange with Iraq. The two countries are also seeking to reopen the al-Jumaymah crossing, a second land port in southern Iraq. Ended 29/R77
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