The path to development…Iraq’s economic gateway and its point of stability

The path to development…Iraq’s economic gateway and its point of stability

6-4-2024

The path to development...Iraqs economic gateway and its point of stabilityInformation/report..
The path of development is almost one of the most important projects that Iraq has adopted since the establishment of the Iraqi monarchy, to the present day, as it is a new economic starting point that is in line with the spirit of the times and is in line with the new global management of the economy, which has repercussions on the general political situation in any country and is related to its international relations.

The “Development Road” is a land and railway road extending from Iraq to Turkey and its ports, with a length of 1,200 kilometers inside Iraq, and aims to transport goods between Europe and the Gulf countries, which enhances Iraq’s position globally as a trade corridor linking the most important continents on the planet, and this matter It will open new horizons for Iraq at all levels, and it is not unlikely that it will be a magnet for other areas, such as tourism, due to the ease of people reaching it through the path of development.

In addition, a report by the British newspaper Mundo Weiss, translated by “Information”, confirmed, “The plans to transform the Zionist entity into a regional transportation center linking the Gulf states to Europe have suffered a major and irreversible setback due to the development road project in Iraq.”

The report stated, “The Indian, Middle Eastern and European economic corridors project centered around the Zionist entity, which was first proposed by US President Biden last year during the G20 meetings and which aims to connect Asia and Europe through a system of railways and ports that pass through India, the Emirates, Saudi Arabia, Jordan and the entity.” Greece faces an existential threat.”

The report stated, “Moreover, the naval blockade in the Red Sea and the Mediterranean, along with the land blockade in Jordan, raised doubts about the ability of the Zionist entity to remain an effective and reliable transportation center, and so it appears that the cost of genocide in Palestine is now borne by the entity.” Strategic repercussions that undermine the future economic prospects of the occupying entity.”

For his part, Representative Baqir Al-Saadi confirmed the possibility of the birth of 10 industrial cities on the path of Iraqi development.

Al-Saadi told Al-Maalouma, “Regional and international interactions with the Iraqi Development Road Project are continuing, and there is a real desire with several governments to have a presence in the investment dimensions, especially since all studies demonstrate the effectiveness of the project, compared to other projects in the Middle East region due to… The low financial cost of transportation operations and the short period of time.

He added, “10 industrial cities could find their way on the path to development, and there are already efforts to identify candidate areas for industrial investments with all their addresses,” pointing out that “2024 will witness many positive developments in the stages of the project in terms of determining its paths and priorities.”

He pointed out that “the project will change the transportation map from South and East Asia to Europe through Iraq,” stressing that “the Sudanese government is serious about accelerating the pace of work on it in the coming months.”

It is noteworthy that all indicators indicate that this road is a new political and economic gateway for Iraq that can enhance its position and role in the region.

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