Sunday, January 28, 2024

Egypt operates a trade line with Iraq and Jordan to transport goods to Europe and America, 29 JAN

 Egypt operates a trade line with Iraq and Jordan to transport goods to Europe and America

The Egyptian Ministry of Transport has operated the first phase of the Arab integrated multimodal logistics trade line between Egypt, Jordan and Iraq, to serve the transport of goods in the Gulf countries to the ports of European and American countries.

Goods pass through the connection between the ports of Aqaba and Nuweiba on the Gulf of Aqaba, including by land – currently – through Sinai through the Nuwayba road, and from there to the ports of Al-Arish, East Port Said, Damietta and Alexandria, which is the land part of the Taba Al-Arish Logistics corridor, in order to exploit direct maritime services between Egyptian, European and American ports, through the Egyptian Ministry of Transport in cooperation with the Iraqi and Jordanian ministries of transport.

Goods are transported through trucks from Iraq and Jordan to the port of Aqaba in Jordan, then the trucks cross freely inside the ships to the port of Nuweiba, then by land through the Nuweiba road, the tunnel passing through Sinai to reach the ports of East Port Said, Damietta and Alexandria, and then shipped in ships to European and American ports.

The Taba-Al-Arish – Bir Al-Abd Railway – Al-Fardan Railway is being constructed with a length of 500 kilometers, to increase the volume of goods targeted for transport from the Gulf, Iraq, Jordan and Jordan to Europe and America within the second phase of the integrated Arab Trade Line, and trucks in the ports of Nuweiba and Taba will be replaced by railway trains, which increases goods through railway lines that connect with all Egyptian ports.

It was operational at the beginning of January 2024, as Egypt amended all the necessary customs legislation to facilitate and increase direct international transit movement through the Egyptian state through the infrastructure of ports and road and railway networks. The Egyptian Ministry of Transport also joined the “Tir” and “Vinna 1968” agreements, which facilitate the entry of foreign trucks to cross inside Egyptian territory in the shortest possible time.

The line is the fastest in arrival time, the least expensive and the easiest in procedures and opportunities, and it also contributed to the link between Jordan, Iraq and the Gulf countries, through the Nuweiba seaport to the Egyptian ports overlooking the Mediterranean Sea and from there to the European market.

For his part, the Egyptian Minister of Transport, Lieutenant General Kamel Al-Wazir, confirmed, according to the Egyptian Day Seven, that the operation of this line came based on coordination between the Egyptian Ministry of Transport and the Jordanian and Iraqi ministries of Transport through the strategic partnership with the Arab Bridge Shipping Company. Its operation also comes in light of the directives of President Abdel Fattah Al-Sisi, President of the Republic, to transform Egypt as a center for global trade and logistics, and the implementation by the Ministry of Transport, an integrated plan for the development and development of international multimodal transport hubs (land – railway – river – sea) and within the framework of the Taba- Al-Arish logistics corridor, which is currently being implemented within 7 integrated international development corridors.

https://mawazin.net/Details.aspx?jimare=241195

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