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{Development path}.. Opportunities and challenges to build an integrated regional system
The first 2023/07/17
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Baghdad: 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, and contribute to regional industrial and agricultural integration."
He pointed out that "the project provides the formation of a strategic economic space for integration and cooperation, which 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 foregoing, 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 countries of the Arab Gulf and Asia, especially India and the 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 and India East Asia towards Europe.
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