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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

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    Red Sea problems revive the trade line between Iraq, Egypt and Jordan

    Rocky
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    • Post n°1

    Red Sea problems revive the trade line between Iraq, Egypt and Jordan Empty Red Sea problems revive the trade line between Iraq, Egypt and Jordan

    Post by Rocky Sun 11 Feb 2024, 4:03 am

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    [size=52]Red Sea problems revive the trade line between Iraq, Egypt and Jordan[/size]

    [size=45]Yesterday, Saturday, the Egyptian Ministry of Transport announced the operation of the first phase of the Arab trade line between Iraq, Egypt and Jordan at the beginning of this year, following the Red Sea tensions.[/size]
    [size=45]She said in her report, followed by (Al-Mada), that the Houthi group’s attacks on international cargo ships in the Red Sea and the subsequent threat to navigation in the Suez Canal highlighted the importance of the trade link project between Iraq, Egypt and Jordan, and even talked about adding other routes linking Gulf countries in Egypt.[/size]
    [size=45]According to the Ministry, work is currently underway to implement the second phase of the integrated Arab trade line, through the construction of the Taba - Al-Arish - Bir al-Abd - Al-Fardan railway line, with a length of 500 km, to increase the volume of goods intended to be transported from the Gulf, Iraq and Jordan to Europe and America.[/size]
    [size=45]She stressed the Egyptian side's keenness to provide and provide all forms of support for this new line, by facilitating procedures and encouraging companies and various parties to use the line in both directions, especially with its importance in transporting goods from the Gulf, Iraq and Jordan to European and American countries.[/size]
    [size=45]Muhammad Ali Ibrahim, former Dean of the College of International Transport and Logistics at the Arab Academy for Science, Technology and Maritime Transport, believes that the line may be a window for exports from Jordan and Iraq, and it may also open a door for exports from Gulf countries, as they will pass through this road, and it is an investment in the idea of ​​multiple transport. Media.[/size]
    [size=45]He added, "Of course this is a solution to the Red Sea crisis for some neighboring countries, but it cannot be an alternative to the Suez Canal."[/size]
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