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[size=35][size=35]Kuwait is communicating with China to revive the “Mubarak Al-Kabeer Port” project.. What is Iraq’s relationship?[/size]
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06-01-2024 | 05:05
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Al-Sumaria News - Economy
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The project's revival came about 10 years after construction stopped - when it was only partially completed - as it was affected by Iraq's ambitious plan to create a $17 billion road and railway network to boost trade in the region, in which Turkey, Qatar and the UAE also participate, apart from [You must be registered and logged in to see this link.]Kuwait, according to the agency. .
This week, a Chinese delegation traveled to the oil-rich Gulf state and met with Kuwaiti officials to hold “in-depth technical and field discussions” about the construction of [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] and other projects, according to the [url=https://www.alsumaria.tv/entity/29333513/%D9%88%D9%83%D8%A7%D9%84%D8%A9 %D8%A7%D9%84%D8%A3%D9%86%D8%A8%D8%A7%D8%A1 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA%D9%8A%D8%A9/ar/]Kuwait News Agency[/url].
“It is clear that if [You must be registered and logged in to see this link.] does not move forward, it will fall behind. This is already happening,” Kristin Smith Diwan, a resident researcher at the [url=https://www.alsumaria.tv/entity/1046462555/%D9%85%D8%B9%D9%87%D8%AF %D8%AF%D9%88%D9%84 %D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9/ar/]Arab Gulf States Institute[/url] in Washington, told Bloomberg.
Although it is a major ally of the United States in the Middle East and one of the richest countries in the world thanks to its oil reserves, [You must be registered and logged in to see this link.]'s development goals have long suffered as a result of political imbalance, as was recently confirmed by the Emir's suspension of Parliament.
On May 10, the Emir of [You must be registered and logged in to see this link.], Sheikh [url=https://www.alsumaria.tv/entity/2734583101/%D9%85%D8%B4%D8%B9%D9%84 %D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%AC%D8%A7%D8%A8%D8%B1 %D8%A7%D9%84%D8%B5%D8%A8%D8%A7%D8%AD/ar/]Meshaal Al-Ahmad Al-Jaber Al-Sabah[/url], ordered the dissolution of Parliament and the suspension of some articles of the Constitution for a period not exceeding 4 years.
The prince said in a speech broadcast on [url=https://www.alsumaria.tv/entity/2024029423/%D8%AA%D9%84%D9%81%D8%B2%D9%8A%D9%88%D9%86 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA/ar/]Kuwait TV[/url] at the time: “I will never allow democracy to be exploited to destroy the state.”
[url=https://www.alsumaria.tv/entity/2024029423/%D8%AA%D9%84%D9%81%D8%B2%D9%8A%D9%88%D9%86 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA/ar/]Kuwait TV[/url] reported that the powers of the [url=https://www.alsumaria.tv/entity/3029352060/%D8%A7%D9%84%D8%AC%D9%85%D8%B9%D9%8A%D8%A9 %D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A%D8%A9/ar/]National Assembly[/url] would be assumed by the Emir and the [url=https://www.alsumaria.tv/entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url].
The revival of the port plan indicates that “the Emir of [You must be registered and logged in to see this link.] plans to use Parliament’s suspension to move forward with projects that are stalled by disagreements between lawmakers and ministers,” according to “Bloomberg.”
Obstacles
There are still many obstacles that the project may face, according to Bloomberg, as the Gulf already includes many major ports, including those in Dubai and Abu Dhabi in the UAE.
The economies of Syria and Iran - which the port was initially supposed to serve - have also been damaged by war and sanctions, limiting the benefits of any trade corridor with them.
Diwan said: ““[You must be registered and logged in to see this link.] is focusing its strategic planning on the port and city project in the north, which would encourage trade-led development. ([You must be registered and logged in to see this link.]) hopes to consolidate its leadership in the northern Gulf, and this will be impossible if the maritime issue with Iraq is not resolved.”
In the wake of ongoing disputes between the executive and legislative authorities, the Emir of [You must be registered and logged in to see this link.], Sheikh Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, dissolved Parliament and suspended some articles of the Constitution for a period not exceeding four years.
[url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] constitutes direct competition to the nearby Iraqi port of Al-Faw, as [You must be registered and logged in to see this link.] canceled a maritime agreement that allowed [You must be registered and logged in to see this link.] access through the Khor Abdullah corridor, causing a dispute between the two countries.
Kuwaiti Minister of Public Works, [url=https://www.alsumaria.tv/entity/2771954612/%D9%86%D9%88%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%B4%D8%B9%D8%A7%D9%86/ar/]Noura Al-Mashaan[/url], visited the construction site of the [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] project on Boubyan Island, in an official indication that the Gulf state is committed to the project, which Iraq rejects.
The Ministry of Public Works said in a statement that Al-Mashaan visited the Mubarak Port site, accompanied by a technical delegation of experts and engineers specialized in mega projects from [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.], in addition to the Chinese ambassador to [You must be registered and logged in to see this link.].
The visit came, according to the statement, in implementation of the memorandum of understanding related to the establishment of the Mubarak Port project, signed between [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.] during the visit of the Emir of the country, Sheikh [url=https://www.alsumaria.tv/entity/2734583101/%D9%85%D8%B4%D8%B9%D9%84 %D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%AC%D8%A7%D8%A8%D8%B1 %D8%A7%D9%84%D8%B5%D8%A8%D8%A7%D8%AD/ar/]Meshaal Al-Ahmad Al-Jaber Al-Sabah[/url], to Beijing last September.
[You must be registered and logged in to see this link.] did not officially announce the resumption of construction work in Mubarak Port, located on [url=https://www.alsumaria.tv/entity/2099577022/%D8%AC%D8%B2%D9%8A%D8%B1%D8%A9 %D8%A8%D9%88%D8%A8%D9%8A%D8%A7%D9%86/ar/]Bubiyan Island[/url] near Iraq, a project that [You must be registered and logged in to see this link.] has always rejected.
But Al-Qabas newspaper says that the Mubarak Port project “is at the forefront of the Kuwaiti scene developmentally and economically with the start of the actual resumption of its implementation, and practical and realistic steps are being taken towards this direction, so that it will be among the development projects that [You must be registered and logged in to see this link.] is counting on during the next stage.”
What is Mubarak Port?
In April 2011, [You must be registered and logged in to see this link.] laid the foundation stone for the construction of the [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url], whose cost is estimated at about $1.1 billion, on Boubyan Island, with construction scheduled to be completed in 2016. The announcement of this huge project was first made in 2007.
This engagement sparked anger from the public. On the side of neighboring Iraq, which considers that the port construction site on [url=https://www.alsumaria.tv/entity/2099577022/%D8%AC%D8%B2%D9%8A%D8%B1%D8%A9 %D8%A8%D9%88%D8%A8%D9%8A%D8%A7%D9%86/ar/]Bubiyan Island[/url] will obstruct its access to the waters of the Gulf, which are its only outlet to the sea.
[You must be registered and logged in to see this link.] rejects these accusations.
In July of the same year, [You must be registered and logged in to see this link.] officially asked [You must be registered and logged in to see this link.] to stop work in Mubarak Port after a political controversy between the two countries, but the Gulf state officially rejected Iraq’s request.
In 2013, the two countries concluded an agreement to regulate maritime traffic in Khor Abdullah, which connects Iraq to the waters of the Gulf.
The agreement stipulates that the waters of Khor Abdullah will be divided equally between the two countries, based on United Nations Security Council Resolution 833 issued in 1993, which redrawn the borders in the wake of the Iraqi invasion of [You must be registered and logged in to see this link.].
Iraqis object to this agreement because they believe that it gives [You must be registered and logged in to see this link.] the right to territorial waters deep inside Iraq, which hinders the movement of maritime trade in front of the country's limited ports.
However, last September, the Iraqi Supreme Court decided that the Khor Abdullah Agreement, which regulates maritime traffic in the waterway separating [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.], was unconstitutional.
The court justified its decision "in violation of the provisions of Article (61/Fourth) of the Constitution of the [url=https://www.alsumaria.tv/entity/47585/%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Republic of Iraq[/url], which stipulates that the process of ratifying international treaties and agreements is regulated by a law enacted by a two-thirds majority of the members of the House of Representatives."
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Economy
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06-01-2024 | 05:05
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Al-Sumaria News - Economy
Kuwait has renewed cooperation with China to revive the huge Gulf Port project, which aims to be a major commercial center at the northern end of the Gulf, according to the American “Bloomberg” agency.
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The project's revival came about 10 years after construction stopped - when it was only partially completed - as it was affected by Iraq's ambitious plan to create a $17 billion road and railway network to boost trade in the region, in which Turkey, Qatar and the UAE also participate, apart from [You must be registered and logged in to see this link.]Kuwait, according to the agency. .
This week, a Chinese delegation traveled to the oil-rich Gulf state and met with Kuwaiti officials to hold “in-depth technical and field discussions” about the construction of [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] and other projects, according to the [url=https://www.alsumaria.tv/entity/29333513/%D9%88%D9%83%D8%A7%D9%84%D8%A9 %D8%A7%D9%84%D8%A3%D9%86%D8%A8%D8%A7%D8%A1 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA%D9%8A%D8%A9/ar/]Kuwait News Agency[/url].
“It is clear that if [You must be registered and logged in to see this link.] does not move forward, it will fall behind. This is already happening,” Kristin Smith Diwan, a resident researcher at the [url=https://www.alsumaria.tv/entity/1046462555/%D9%85%D8%B9%D9%87%D8%AF %D8%AF%D9%88%D9%84 %D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9/ar/]Arab Gulf States Institute[/url] in Washington, told Bloomberg.
Although it is a major ally of the United States in the Middle East and one of the richest countries in the world thanks to its oil reserves, [You must be registered and logged in to see this link.]'s development goals have long suffered as a result of political imbalance, as was recently confirmed by the Emir's suspension of Parliament.
On May 10, the Emir of [You must be registered and logged in to see this link.], Sheikh [url=https://www.alsumaria.tv/entity/2734583101/%D9%85%D8%B4%D8%B9%D9%84 %D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%AC%D8%A7%D8%A8%D8%B1 %D8%A7%D9%84%D8%B5%D8%A8%D8%A7%D8%AD/ar/]Meshaal Al-Ahmad Al-Jaber Al-Sabah[/url], ordered the dissolution of Parliament and the suspension of some articles of the Constitution for a period not exceeding 4 years.
The prince said in a speech broadcast on [url=https://www.alsumaria.tv/entity/2024029423/%D8%AA%D9%84%D9%81%D8%B2%D9%8A%D9%88%D9%86 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA/ar/]Kuwait TV[/url] at the time: “I will never allow democracy to be exploited to destroy the state.”
[url=https://www.alsumaria.tv/entity/2024029423/%D8%AA%D9%84%D9%81%D8%B2%D9%8A%D9%88%D9%86 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA/ar/]Kuwait TV[/url] reported that the powers of the [url=https://www.alsumaria.tv/entity/3029352060/%D8%A7%D9%84%D8%AC%D9%85%D8%B9%D9%8A%D8%A9 %D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A%D8%A9/ar/]National Assembly[/url] would be assumed by the Emir and the [url=https://www.alsumaria.tv/entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url].
The revival of the port plan indicates that “the Emir of [You must be registered and logged in to see this link.] plans to use Parliament’s suspension to move forward with projects that are stalled by disagreements between lawmakers and ministers,” according to “Bloomberg.”
Obstacles
There are still many obstacles that the project may face, according to Bloomberg, as the Gulf already includes many major ports, including those in Dubai and Abu Dhabi in the UAE.
The economies of Syria and Iran - which the port was initially supposed to serve - have also been damaged by war and sanctions, limiting the benefits of any trade corridor with them.
Diwan said: ““[You must be registered and logged in to see this link.] is focusing its strategic planning on the port and city project in the north, which would encourage trade-led development. ([You must be registered and logged in to see this link.]) hopes to consolidate its leadership in the northern Gulf, and this will be impossible if the maritime issue with Iraq is not resolved.”
In the wake of ongoing disputes between the executive and legislative authorities, the Emir of [You must be registered and logged in to see this link.], Sheikh Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, dissolved Parliament and suspended some articles of the Constitution for a period not exceeding four years.
[url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] constitutes direct competition to the nearby Iraqi port of Al-Faw, as [You must be registered and logged in to see this link.] canceled a maritime agreement that allowed [You must be registered and logged in to see this link.] access through the Khor Abdullah corridor, causing a dispute between the two countries.
Kuwaiti Minister of Public Works, [url=https://www.alsumaria.tv/entity/2771954612/%D9%86%D9%88%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%B4%D8%B9%D8%A7%D9%86/ar/]Noura Al-Mashaan[/url], visited the construction site of the [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] project on Boubyan Island, in an official indication that the Gulf state is committed to the project, which Iraq rejects.
The Ministry of Public Works said in a statement that Al-Mashaan visited the Mubarak Port site, accompanied by a technical delegation of experts and engineers specialized in mega projects from [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.], in addition to the Chinese ambassador to [You must be registered and logged in to see this link.].
The visit came, according to the statement, in implementation of the memorandum of understanding related to the establishment of the Mubarak Port project, signed between [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.] during the visit of the Emir of the country, Sheikh [url=https://www.alsumaria.tv/entity/2734583101/%D9%85%D8%B4%D8%B9%D9%84 %D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%AC%D8%A7%D8%A8%D8%B1 %D8%A7%D9%84%D8%B5%D8%A8%D8%A7%D8%AD/ar/]Meshaal Al-Ahmad Al-Jaber Al-Sabah[/url], to Beijing last September.
[You must be registered and logged in to see this link.] did not officially announce the resumption of construction work in Mubarak Port, located on [url=https://www.alsumaria.tv/entity/2099577022/%D8%AC%D8%B2%D9%8A%D8%B1%D8%A9 %D8%A8%D9%88%D8%A8%D9%8A%D8%A7%D9%86/ar/]Bubiyan Island[/url] near Iraq, a project that [You must be registered and logged in to see this link.] has always rejected.
But Al-Qabas newspaper says that the Mubarak Port project “is at the forefront of the Kuwaiti scene developmentally and economically with the start of the actual resumption of its implementation, and practical and realistic steps are being taken towards this direction, so that it will be among the development projects that [You must be registered and logged in to see this link.] is counting on during the next stage.”
What is Mubarak Port?
In April 2011, [You must be registered and logged in to see this link.] laid the foundation stone for the construction of the [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url], whose cost is estimated at about $1.1 billion, on Boubyan Island, with construction scheduled to be completed in 2016. The announcement of this huge project was first made in 2007.
This engagement sparked anger from the public. On the side of neighboring Iraq, which considers that the port construction site on [url=https://www.alsumaria.tv/entity/2099577022/%D8%AC%D8%B2%D9%8A%D8%B1%D8%A9 %D8%A8%D9%88%D8%A8%D9%8A%D8%A7%D9%86/ar/]Bubiyan Island[/url] will obstruct its access to the waters of the Gulf, which are its only outlet to the sea.
[You must be registered and logged in to see this link.] rejects these accusations.
In July of the same year, [You must be registered and logged in to see this link.] officially asked [You must be registered and logged in to see this link.] to stop work in Mubarak Port after a political controversy between the two countries, but the Gulf state officially rejected Iraq’s request.
In 2013, the two countries concluded an agreement to regulate maritime traffic in Khor Abdullah, which connects Iraq to the waters of the Gulf.
The agreement stipulates that the waters of Khor Abdullah will be divided equally between the two countries, based on United Nations Security Council Resolution 833 issued in 1993, which redrawn the borders in the wake of the Iraqi invasion of [You must be registered and logged in to see this link.].
Iraqis object to this agreement because they believe that it gives [You must be registered and logged in to see this link.] the right to territorial waters deep inside Iraq, which hinders the movement of maritime trade in front of the country's limited ports.
However, last September, the Iraqi Supreme Court decided that the Khor Abdullah Agreement, which regulates maritime traffic in the waterway separating [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.], was unconstitutional.
The court justified its decision "in violation of the provisions of Article (61/Fourth) of the Constitution of the [url=https://www.alsumaria.tv/entity/47585/%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Republic of Iraq[/url], which stipulates that the process of ratifying international treaties and agreements is regulated by a law enacted by a two-thirds majority of the members of the House of Representatives."
[You must be registered and logged in to see this link.]
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» Al-Sudani expresses to Starmer his aspiration for the continuation of bilateral relations between Ir
» The Central Bank explains the mechanism for travelers to obtain dollars
» Will Iraq witness a new displacement?
» Holiday in the region on the occasion of the first of Muharram
» Al-Hakim warns of new targeting of Iraq and directs an invitation to the government regarding electr
» Sudanese to new British PM: Support international peace
» The President of the Republic congratulates the new Iranian President
» Find out the dollar exchange rate in local markets
» MP: Parliament did not perform its supervisory role over the executive authority
» Development Road.. Formation of a government committee for this file
» MM&C 7/4/24 Official: Iraq's accession to the World Trade Organization is imminent
» utube 7/2/24 MM&C IQD Update Part 2 - Iraqi Dinar - Automation for Revenues - Singapore Agreement
» utube 7/2/24 MM&C part 1 Iraqi DinarPart 1 - IQD Update - Progession of Intergr
» Slight increase in inflation rate for last May
» The President of the Republic stresses the importance of expanding the horizons of cooperation and a
» Border outlets announce the completion of the first phase of network connectivity by 100 percent
» Transparency: Sulaymaniyah and Halabja imports during the past week amounted to more than 17 billion
» MM&C 7/2/24 The dollar in the parallel market.. Al-Sudani’s advisor presents a different vision and
» Between Development and Silk... American-Chinese Conflict on the Iraqi Arena
» In the oil fields...gas flaring rates in Iraq are decreasing
» Iraq's North Oil Company production rises to about 400,000 barrels per day
» Al-Sudani: Iraq is witnessing the highest growth rate in the region
» In numbers.. Numbers of those covered by health insurance in its first and second phases
» Planning: Alternatives to slums will be found based on population census.
» Parliamentary Committee to Al-Eqtisad News: The Oil and Gas Law is Almost Complete, and This is What
» Central Bank: Delivery of dollars to travelers will be exclusively through company and bank outlets
» Electricity announces the operation of the (400 kv) line and the Al-Faw secondary station to relieve
» Government source announces the amount of debts collected for the benefit of the Trade Bank of Iraq
» To stop greed and exploitation.. the work of private generators on the parliament's table
» An "important" reason reduces citizens' interest in buying northern cars
» Water Resources: Water storage has tripled
» Daily.. North Oil Company's production increases to about 400 thousand barrels
» Parliamentary Electricity Committee prepares for "a series of hostings".. What is the reason for gen
» In response to an appeal via "Baghdad Today", Al-Badran adopts adding a district to the project plan
» Sweden takes action after three of its citizens sentenced to death in Iraq
» Iraq prepares to declare itself pollution-free
» Parliamentary Finance: The Staff Law will be passed in the next legislative session
» Iran looks with interest at President Barzani's visit to Baghdad, Turkey supports resolving Iraqi co
» Marwan Ahmed: 75,000 employees in Erbil will receive their salaries this month via (My Account)
» Parliamentary Services Reveals the “Optimal Solution” to Control Real Estate Prices
» President Barzani and Maliki discuss mechanisms for cooperation with the parties of the framework an