CLARE: "Iraq Joins TIR Convention, Paving the Way for Gulf-Europe Trade Corridor and Economic Diversification"

 Clare  

 Article:  "The TIR Agreement Activates Iraq's Transit Economy: Billions of Dollars in Revenue and a Trade Corridor Linking the Gulf to Europe" 

 Quote:  "

In a significant shift in the trajectory of the Iraqi economy and its efforts to diversify non-oil sources of income,  the Iraqi government announced the country's official accession to the TIR Convention

Read also: Customs: Five Transit Flights Successfully Passed Through Iraq Under The TIR Agreement

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 Experts and officials consider this move a key milestone in the 'Development Road' project, through which the government seeks to consolidate Iraq's position as a regional trade corridor linking the Gulf and Europe."