Economic expert called Ismail Radi, stressed over the need for exploiting the geographical locations of Iraq, which connects Asia and Europe through the establishment of highways, linking the capital of the country Baghdad.
This will surely open many business opportunities in Iraq in future days if have been performed precisely. To promote trade exchanges and to take the advantages of stopovers – these will be highly effective.
Radi further stated, “Iraq is characterized by its geographical location, which overlooks the Gulf from the south and is associated with Europe from the north through Turkey, which allows him the possibility to benefit from the subject when the transit trade operations.”
Highways will open a lot of opportunities for the country and affirm the trade relation of the nation with parts of Asia, as well as Europe.
As Iraq is a major oil producer, for exporting oil – it requires seamless transportation system. He also remarked that the draft port of Faw and dry canal of the most important projects for operations of international trade.
For rejuvenating overall outlook of the country in front of the world, Iraq must mold its infrastructure fully, through building and connecting highways, making the doors to open for the world to venture in this country.
He is foreseeing this as investments that are required for affirming the growth of Iraqi economy in future days and overall development in country will also reduce the over leniency on the oil export revenues.
Updated 12 Jun 2013 | Soruce: Radio Nawa | By S.Seal