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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


    Similar to the revenues of Suez.. Iraq is the "new Silk Road" between the Gulf and Turkey

    Rocky
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    Similar to the revenues of Suez.. Iraq is the "new Silk Road" between the Gulf and Turkey Empty Similar to the revenues of Suez.. Iraq is the "new Silk Road" between the Gulf and Turkey

    Post by Rocky Wed 22 Mar 2023, 3:32 pm

    Similar to the revenues of Suez.. Iraq is the "new Silk Road" between the Gulf and Turkey

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    Baghdad Today - Follow-up
    A member of the Baghdad Chamber of Commerce expected that the (development path) between Iraq and Turkey would achieve "significant financial revenues" for the country.
    Yesterday, Tuesday, Turkish President Recep Tayyip Erdogan announced, during a joint press conference with Prime Minister Muhammad Shia al-Sudani, during his visit to Ankara, "the start of work on the (Development Road) project extending from Basra in Iraq to Turkey, which he described as a "new Silk Road."
    A member of the Baghdad Chamber of Commerce, Salam Al-Obeidi, said in a press statement, "The road, if completed, could bring huge financial revenues to Iraq annually, similar to the Egyptian Suez Canal."
    Al-Obeidi added, "In addition to Iraq becoming a major transportation area between Asia and Europe, the Iraqi market will revive and there will be an important diversification that Iraq needs."
    Al-Obeidi expected that "in the event of the seriousness of the project and the Iraqi government's intention to proceed with it, it is not excluded that the project will see the light within 4 years, especially since there are large parts of the road that are simple plain lands in which roads can be built easily."
    And it is likely that "the project will provide tens of thousands of job opportunities inside Iraq, starting from Basra to the point where the road meets the Turkish border."
    The length of the road targeted in the announced project is about a thousand kilometers, starting from the ports of Basra in the far south of Iraq overlooking the waters of the Arabian Gulf, all the way to the Iraqi-Turkish-Syrian triangle on the side of the Fish Khabour area, and the expected time to cut it if the road is completed is between 12 and 16 hours for cars, and less From that to the train in the event that the railway has actually been completed, of which there is a large part of it and it can be included within the road line after the rehabilitation operations it undergoes.
    For his part, economic expert Nabil Al-Marsoumi said in a statement, "The importance of the agreement is that it will turn Iraq into a major transport station for European countries after Turkey."
    He added, "The shipments that arrive by sea through the port of Faw will cross to Turkey and Europe through the dry channel, and they will also transport Turkish and European goods to Iraq, and from there to the Gulf states, Iran, Syria and Jordan."
    Al-Marsoumi pointed out that "the dry canal is the complementary project for the great port of Faw (in Basra), the first phase of which is expected to be completed in 2025."
    And the sea voyage time for ships loaded with goods from the Chinese port of Shanghai to the port of Rotterdam, which takes about 33 sea days, will be reduced to only 15 days, when the goods are transported from Shanghai to the Pakistani port of Gwadar and then to the Iraqi port of Al-Faw, and from there through the dry channel to Turkey and then to Europe. .
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