Türkiye: The process of shipping goods will decrease to 25 days upon completion of the development road with Iraq
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Economy News - follow up
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Added 04/21/2024 - 6:19 PM
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Economy News - follow up
Turkish Minister of Transportation and Infrastructure Abdulkadir Oraloglu confirmed on Sunday that the process of shipping goods will decrease to 25 days upon completion of the development road project that passes through Iraq and Turkish territory.
Anadolu quoted Uraloglu as saying, “The movement of ships passing through the Suez Canal takes 35 days, and more than 45 days through the Cape of Good Hope, but when the development road is completed, the time will decrease to 25 days.”
Oraloglu added, "President Recep Tayyip Erdogan will visit Iraq tomorrow, Monday, and that the development road project will be a top priority on the agenda."
He continued, "The first phase of the project will be operated next year," noting that "they plan to build 1,200 km of railways, highways, energy transmission, and a communications line within the scope of the project."
He pointed out that "within the framework of the project, a railway line will be built from the village of Ovakoy on the border with Iraq to Europe," stressing that "national and international transport projects are of vital importance to Turkey."
He pointed out that "the development road project is progressing faster than they expected, and that great progress is being made through exchange of visits every month between the two countries."
The Development Road Project is a land road and railway extending from Iraq to Turkey and its ports. The length of the road and railway is 1,200 kilometers inside Iraq, and the project aims to transport goods between Europe and the Gulf countries.
Earlier today, Sunday, the Turkish newspaper “Daily Sabah” diagnosed the tensions occurring between Baghdad and Ankara, noting that the visit of Turkish President Recep Tayyip Erdogan tomorrow, Monday, to the Iraqi capital, Baghdad, will strengthen bilateral relations between the two countries and will discuss the development road project and the mechanism. Resuming the export of Kurdistan region oil via the Turkish Ceyhan pipeline.
The Turkish newspaper wrote a report translated by Al-Ghad Press, in which it stated, “The visit of Turkish President Recep Tayyip Erdogan to Iraq after more than a decade is expected to lead to strengthening bilateral relations and adding momentum to a huge infrastructure project that is seen as a link between... Asia and Europe.
She continued, "Iraq is Turkey's main trading ally in the region, despite tense relations due to what Ankara considers Baghdad's insufficient cooperation in its war against the Kurdistan Workers' Party (PKK), as well as the dispute over oil exports."
Last Friday, Prime Minister Muhammad Shiaa Al-Sudani set the date for the visit of Turkish President Recep Tayyip Erdogan to Iraq, indicating that his visit is “not fleeting.”
Al-Sudani said at the time during an interview at the Atlantic Council in Washington, followed by Al-Ghad Press, “The Turkish President will visit Iraq on Monday, and his visit is not a passing visit. For the first time, we find there is a real desire between Iraq and Turkey to go to solutions and not transfer files.”
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Added 04/21/2024 - 6:19 PM
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