Monday, February 19, 2024

An Economist Reveals The Key To European Investment In Iraq, 19 FEB

 An Economist Reveals The Key To European Investment In Iraq

Economy | 02/18/2024   Mawazine News – Baghdad  Economist Safwan Qusay said that the presence of Prime Minister Muhammad Shiaa Al-Sudani in the Netherlands is a key to convincing the European investor to partner with Iraq.

Safwan said in a televised interview followed by Mawazine News: “The policy of the Sudanese government is clearly moving towards making the Iraqi economy a global economy,” stressing that “we have untapped resources in all sectors and we have an opportunity to link the Asian system with the European Union after the completion of the Al-Faw port.” In Basra.

He added, "We need investments from the European side in the way of development and exploitation of the Dutch port of Roten Daan, which is the largest port in Western Europe and is a gateway for transporting production from Germany, Britain, Paris, and Belgium. About 500 million tons enter through this port annually."

He stated, "Linking the port of Al-Faw to the port of Rotten Down is based on the fact that Turkey is a strategic partner that will transport these goods, merchandise, and people, and that the Netherlands, for Iraq, will be the communication station, especially since the European Union has begun to search for importing alternative commodities to gas and oil."

He pointed out that "the presence of the Sudanese in the Netherlands is a key to convincing the European investor to partner through the giant British insurance companies," noting "the possibility of transferring part of the German and Italian production lines to Iraq, given that we have the production capacity."   https://www.mawazin.net/Details.aspx?jimare=242295

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