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Economist: The dry canal project will bring Iraq large financial returns comparable to the Suez Canal

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Economist: The dry canal project will bring Iraq large financial returns comparable to the Suez Canal

   March 23 11:49    2 shares
 
Economist: The dry canal project will bring Iraq large financial returns comparable to the Suez Canal

Information / Baghdad ..


Economic expert Nabil Al-Ali confirmed, on Thursday, that the

Sudanese government's move to establish the dry canal

from Basra  
to Turkey and  
to Western Europe as well as to Iraq
to Iran and
Azerbaijan and then
to Eastern Europe


will achieve large financial returns for Iraq that may match the imports of the Suez Canal.  

Al-Ali said in a statement to Al-Maalouma that

"the dry canal project announced by Prime Minister Muhammad Shia'a Al-Sudani is strategic for Iraq and the countries of the region, especially Iran and Turkey, to transport goods and energy to and from northern Europe to the Gulf and Asia and vice versa."  He added that

"the establishment of the canal

makes Iraq free for the passage of goods and energy through railways and land roads through trucks, as well as

extending oil and gas pipelines without exposing it to foreign investment," noting that

"Italian companies and others from international countries will begin to develop plans to establish railways from Basra." To Turkey, as well as to Iraq, to Iran, to Azerbaijan, and then to Eastern Europe.

And the Sudanese Prime Minister, Muhammad Shia'a, revealed during a press conference that he gathered with the President of the Turkish Republic, Recep Tayyip Erdogan, yesterday, Tuesday, about the establishment of the dry canal,

pointing out that the dry canal project will link the east with the west, and

it will be a global corridor for the transport of goods and energy, while

he directed the "countries of the region to meet In the capital, Baghdad, to discuss the vital development canal project
. Ended / 25 pm

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