Tuesday, October 10, 2023

Federation of Chambers of Commerce: Iraq has granted great facilities to countries of the world to participate in the path of development, 10 OCT

 Federation of Chambers of Commerce: Iraq has granted great facilities to countries of the world to participate in the path of development

The Federation of Iraqi Chambers of Commerce confirmed today, Tuesday, that Iraq has granted great facilities to countries of the world to participate in the path of development, while noting that Al-Faw Port constitutes a high percentage of global land and sea transport.

The head of the Federation of Iraqi Chambers of Commerce, Abdul Razzaq Al-Zuhairi, told the Iraqi News Agency (INA): “Prime Minister Muhammad Shia’ Al-Sudani focused on exploiting the opportunity,” indicating that “Iraq is in a good position with the world, and this opportunity must be invested in establishing a road.” development and implementation at this time.”

He added, "Iraq granted facilities to countries around the world in the transit process and greatly reduced rates for all countries, especially neighboring countries," noting "the importance of having a joint-stock company to support the road."

He added, "The development road project is profitable if the promotion process is facilitated," explaining that "Iraq must focus on important countries that have a future, such as China and India, in supporting the road."

He pointed out that "Turkey is the second beneficiary after Iraq from the path of development, considering it the gateway to Europe," pointing out that "Iraq started with the port of Al-Faw with an amount of 400 billion dinars, and today the port has become a reality, and it will constitute a high percentage of land and sea transport work for the world."

He stressed the need to "focus on the method of development and lay the foundation stone for it, and there is a financial abundance of oil revenues that can be invested in this project." link

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