Monday, April 7, 2025

MNT GOAT : "Iraq is poised to strengthen its position as a key trade hub in the Middle East" , 7 APRIL

 MNT GOAT

"Iraq is poised to strengthen its position as a key trade hub in the Middle East" 

"The global TIR transit system became fully operational in Iraq on April 1, 2025. The initiative connects southern and northern Iraq, also providing an efficient trade corridor linking

Asia, the Gulf Cooperation Council (GCC) region, Türkiye and Europe. Iraq transport minister H.E. Razzaq Muhaibes Al-Saadawi said:

 "The operationalization of the TIR system in the Republic of Iraq, in which IRU played a significant role, marks a significant milestone as it places the country on the brink of a new phase of potential

investments and interregional trade with our neighbors and other countries in the region." US asset management firm BlackRock and Italian shipping company MSC have acquired 43 ports. Iraq has a unique vantage point, from negotiating with global partners to mentoring Iraq's next generation of builders. IRAQ signs contract for new economic city,

The National Investment Commission (NIC).

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