Wednesday, May 1, 2024

Turkey to hold ‘quadripartite summit’ involving Iraq on ‘development road’ project, 2 MAY

Turkey to hold ‘quadripartite summit’ involving Iraq on ‘development road’ project

Shafaq News / Turkish media reported on Wednesday that their countries, Iraq, the UAE and Qatar intend to hold a “quad ministerial summit” regarding the “development road” project linking Iraq to Europe through Turkish territory, in which Abu Dhabi and Doha also participate.

In recent statements, Turkish Transport and Infrastructure Minister Abdul Qadir Uraloglu said that the upcoming quartet summit between the said countries will be held within the next two months.

On the memorandum of understanding recently signed regarding the same project between the four countries in Baghdad, the Turkish minister said that “this was a bilateral agreement, but with Turkish and Iraqi efforts also included the UAE and Qatar.”

Weekly meetings are taking place between officials of both Turkey and Iraq, Uraloglu added.

Regarding the steps to implement the project, Uraloglu stated that they will open offices in Iraq and Turkey within the framework of the project, in the coming months, noting that with the operation of the development road, the volume of trade will rise from 20 to 30-40 billion dollars.

A few days ago, Turkey, Iraq, Qatar and the UAE signed in Baghdad a four-way memorandum of understanding for cooperation on the “development road” project, in the presence of Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Mohammad Shiaa Al-Sudani.

https://www.shafaq.com/ar/اقتصـاد/تركيا-تعتزم-عقد-قمة-رباعية-تضم-العراق-بش-ن-مشروع-طريق-التنمية


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