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"The Road to Development"... Opportunities and Challenges to Building an Integrated Regional System
Iraq 2023/07/17
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Hoda Al-Azzawi
The strategic and future importance of the "Development Road" project constitutes an essential goal to provide the reasons for economic integration for the countries of the Middle East, where Iraq is located in the heart, in a way that provides a serious opportunity for investments, guaranteeing common interests, economic and political partnerships, cooperation in the field of energy, and facing the challenges of the environment, drought and food security.
The director of the Iraqi Center for Strategic Studies, Dr. Ghazi Faisal, said in an interview with Al-Sabah: "The economic and infrastructure projects of the Development Road project will form an essential basis for building sustainable economic cooperation, which contributes to regional industrial and agricultural integration."
He pointed out that "the project provides the formation of a strategic economic space for integration and cooperation, and achieves Iraq's ambition to turn into a vital trade route for trade and transportation of goods between the countries of the Middle East, the Arab Gulf, the European Union and India," and indicated that "all indications indicate that the project provides a vital opportunity to revive the economy." Iraq, the development of regional and international trade, as well as investment in renewable energy projects in Iraq.
In addition to the above, the director of the "Iraqi Center for Strategic Studies" believes that "the (Development Road) project can turn into a vital artery for the economy, through the establishment of industrial cities and residential cities surrounding the road, in addition to its main role for which it was established, which is linking the port of Faw It connects Turkish and European trade through the port of Faw with the Arab Gulf countries and Asia, especially India and developed economic countries, through modern roads that accommodate thousands of trucks coming from 25 European countries and going towards the Arabian Gulf, and in return accommodating goods that come from China, India and East Asia towards Europe.
Stressing that "the project represents an important opportunity to achieve economic integration between the countries of the Middle East, as the project needs all the sea ports in the region, to accommodate the movement of transport, through the port of Jebel Ali in the Emirates, Bandar Abbas in Iran, Mubarak in Kuwait, and the main port is the great port of Faw in Iraq" .
The writer and researcher on political affairs, Dr. Qassem Balshan Al-Tamimi, stated in an interview with Al-Sabah: “Before the (development path) had a positive economic impact on Iraq and even on some countries in the region and countries of the world, it also had a clear and explicit political impact in this regard. A strategic and vital path that sends a clear and explicit message that Iraq is present with all power in the region, and by force I mean the great weight of Iraq, whether it is political or economic weight, so we find that most countries in the world, especially the neighboring countries and the regional neighborhood, rushed to Iraq in order to contribute and participate in this path that will be A catalyst in strengthening the developmental renaissance of Iraq in all fields.He pointed out that "the political impact of the (development path) project lies in the relationship between the economy and politics, and that most countries are trying to build a strong economy through strong and developed political relations with other countries, and these countries are not ready to weaken their economy, on the contrary, quite the opposite. Therefore, we saw how officials and princes of countries flocked to Iraq in order to strengthen political relations so that this would reflect positively on their economic situation, and from this standpoint (the development path) helped to strengthen Iraqi foreign policy.
Edited by: Muhammad Al-Ansari
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