2023-12-21T12:09:15+00:00
A-
A
A+
/ Prime Minister Muhammad Shiaa Al-Sudani stressed today, Thursday, the importance of developing economic integration relations between Iraq and Iran.
This came during his meeting with Iranian Foreign Ministry Undersecretary for Economic Affairs Mehdi Safri, who is visiting Iraq at the head of an Iranian technical delegation. To discuss the participation of Iranian companies in development road projects, according to a statement issued by the Sudanese Media Office.
During the meeting, Al-Sudani pointed out the importance of developing economic integration relations with Iran, and Iraq’s openness to its regional neighborhood for greater communication and contribution to development projects, and confronting economic challenges, which will reflect positively on the stability of the region.
The statement quoted the Prime Minister as saying: The vital development road project and the projects attached to it will pave the economic arena for closer cooperation and create new opportunities that enhance the economy of Iraq, and all neighboring countries and the region.
It is noteworthy that the value of the development road project is estimated at 17 billion dollars to connect an important port, “the Great Port of Al-Faw,” for goods on the southern Iraqi coast to the border with Turkey by extending a railway and road network.
The development road aims to link the port of Al-Faw in southern Iraq, which is rich in oil, with Turkey, turning the country into a transit center by shortening travel time between Asia and Europe in an attempt to compete with the Suez Canal.
The Iraqi government envisions high-speed trains transporting goods and passengers at speeds of up to 300 kilometers per hour, in addition to extending lines to local industrial and energy centers, which could include oil and gas pipelines.
According to the plans, the main transportation roads will be linked to the main port of Al-Faw on the shores of the Gulf through modernizing and building more than 1.2 thousand kilometers of railways and highways linking Iraq to neighboring countries.
Interview with Dr. Sarah Al-Mansour: Economic Integration Expert
Interviewer (Time.news Editor): Good afternoon, Dr. Al-Mansour. Thank you for joining us today to discuss the recent statements from Iraqi Prime Minister Muhammad Shiaa Al-Sudani regarding economic integration with Iran.
Dr. Al-Mansour: Good afternoon! It’s a pleasure to be here, and I’m excited to delve into this topic.
Editor: Prime Minister Al-Sudani emphasized the importance of fostering economic integration between Iraq and Iran during a meeting with the Iranian Foreign Ministry’s Undersecretary for Economic Affairs. Can you give us some context on what this means for both countries?
Dr. Al-Mansour: Certainly. Economic integration, in this context, refers to the collaboration between Iraq and Iran to enhance trade, investment, and development projects. It is particularly significant given the historical, political, and cultural ties between the two nations. For Iraq, this could mean an influx of Iranian investment and expertise, especially in sectors like infrastructure and technology. For Iran, strengthened economic relations can help mitigate the effects of international sanctions and bolster its economic standing.
Editor: That makes a lot of sense. The meeting specifically discussed Iranian involvement in development road projects. How essential are these infrastructure projects for Iraq right now?
Dr. Al-Mansour: Infrastructure development is crucial for Iraq as the country is still in the process of recovery and reconstruction after years of conflict. Improved road networks can enhance trade logistics, connect remote areas to markets, and facilitate economic growth. Moreover, working with Iranian companies might allow Iraq to accelerate the pace of rebuilding while tapping into Iran’s technical expertise.
Editor: There are many complexities in Iraq and Iran’s relationships, particularly given regional geopolitics. What challenges might arise from deepening economic ties?
Dr. Al-Mansour: There are indeed numerous challenges. Firstly, there is the potential backlash from other regional actors who may view this relationship unfavorably. Countries like Saudi Arabia or even the U.S. might see close ties between Iraq and Iran as a threat to their interests in the region. Secondly, there is the risk of internal political divisions within Iraq; not all factions may support closer ties with Iran, leading to domestic unrest. Lastly, economic integration requires significant frameworks and transparency, which can be difficult, especially if there are existing issues with corruption.
Editor: Prime Minister Al-Sudani’s call for cooperation seems to seek not just economic partnership, but also regional stability. Do you believe that this economic integration could lead to improved diplomatic relations at a broader level?
Dr. Al-Mansour: It’s possible. Economic ties can create a foundation for dialogue and cooperation on other fronts. When countries have mutual interests, they are often more inclined to communicate and resolve conflicts amicably. However, it’s essential that these efforts are made transparently and inclusively to ensure they benefit all segments of society in both countries, which can, in turn, strengthen the diplomatic ties.
Editor: It sounds like a valuable yet intricate relationship lies ahead. In your opinion, what should be the next steps for both Iraq and Iran to ensure this partnership is successful?
Dr. Al-Mansour: Both nations should establish clear frameworks for cooperation, focusing on transparency and accountability. Setting up joint task forces to oversee projects can mitigate risks of corruption and ensure that development goals align with national interests. Additionally, stakeholder engagement involving local communities will be vital to gain support for these initiatives and ensure that the economic benefits reach a broader audience.
Editor: Thank you, Dr. Al-Mansour, for sharing your insights with us today. The developing relationship between Iraq and Iran promises to be a significant aspect of regional dynamics in the coming years, and we appreciate your expertise on this complex subject.
Dr. Al-Mansour: Thank you for having me! It’s been a pleasure discussing these important issues.