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Shafaq News/ The "Iraq Future" Foundation, which specializes in economic affairs, revealed on Tuesday the volume of Iraq's import of the Indian "Tik Tech" wheel from 2015 until last year.
The head of the foundation, Manar Al-Obaidi, said in a statement received by Shafaq News Agency, "Iraq's import of T-Tech wheels since 2015 from India has reached more than 151,000 wheels, with a value of more than 137 million US dollars."
And he indicated that "the import rate rose steadily during the previous years, until it reached in 2021 the limits of 50 thousand (tech tech) and the value of 48 million US dollars."
He pointed out that "India is the main source of this wheel, and the Iraqi markets witnessed a great demand for these wheels, as they solve the problems of movement in crowded streets that are difficult to navigate, which provided great solutions."
Al-Obaidi pointed out that "the lack of a mechanism to officially register these wheels in traffic departments, as well as the lack of mechanisms to grant licenses to drive this wheel, put great pressure on the street and also contributed to many security problems."
The head of "Future Iraq" stressed that "the concerned authorities should work on planning the entry of these wheels and registration mechanisms, otherwise their exacerbation portends many problems at various levels."
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Huge numbers for "Tik Tech" entered Iraq since 2015
Shafaq News/ The "Iraq Future" Foundation, which specializes in economic affairs, revealed on Tuesday the volume of Iraq's import of the Indian "Tik Tech" wheel from 2015 until last year.
The head of the foundation, Manar Al-Obaidi, said in a statement received by Shafaq News Agency, "Iraq's import of T-Tech wheels since 2015 from India has reached more than 151,000 wheels, with a value of more than 137 million US dollars."
And he indicated that "the import rate rose steadily during the previous years, until it reached in 2021 the limits of 50 thousand (tech tech) and the value of 48 million US dollars."
He pointed out that "India is the main source of this wheel, and the Iraqi markets witnessed a great demand for these wheels, as they solve the problems of movement in crowded streets that are difficult to navigate, which provided great solutions."
Al-Obaidi pointed out that "the lack of a mechanism to officially register these wheels in traffic departments, as well as the lack of mechanisms to grant licenses to drive this wheel, put great pressure on the street and also contributed to many security problems."
The head of "Future Iraq" stressed that "the concerned authorities should work on planning the entry of these wheels and registration mechanisms, otherwise their exacerbation portends many problems at various levels."
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