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Trade: Iraqi merchants were affected by the rise in maritime transport prices
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Economy News - Baghdad
The Ministry of Commerce announced that it seeks to reduce the harm caused to Iraqi merchants as a result of the rise in transportation prices due to security developments in the Red Sea.
The official spokesman for the Iraqi Ministry of Commerce, Muhammad Hanoun, said, “Everything that affects the world in terms of security and political developments affects Iraq. With regard to the Ministry of Commerce, we have worked for some time to provide a strategic stock related to the ration card system that the government distributes to citizens, and we have achieved a good stock in all stores.” Baghdad and the governorates.
He added, "We seek to reduce the harm caused to Iraqi merchants as a result of the rise in transport prices across the seas and the Red Sea in particular."
It is noteworthy that Bab al-Mandab is witnessing security tension, with the Houthis targeting commercial ships transporting goods from east to west.
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Added 01/28/2024 - 11:55 AM
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A map showing the location of the Red Sea
A map showing the location of the Red Sea
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Economy News - Baghdad
The Ministry of Commerce announced that it seeks to reduce the harm caused to Iraqi merchants as a result of the rise in transportation prices due to security developments in the Red Sea.
The official spokesman for the Iraqi Ministry of Commerce, Muhammad Hanoun, said, “Everything that affects the world in terms of security and political developments affects Iraq. With regard to the Ministry of Commerce, we have worked for some time to provide a strategic stock related to the ration card system that the government distributes to citizens, and we have achieved a good stock in all stores.” Baghdad and the governorates.
He added, "We seek to reduce the harm caused to Iraqi merchants as a result of the rise in transport prices across the seas and the Red Sea in particular."
It is noteworthy that Bab al-Mandab is witnessing security tension, with the Houthis targeting commercial ships transporting goods from east to west.
Views 77
Added 01/28/2024 - 11:55 AM
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