It includes Türkiye, Bulgaria, Hungary, and Serbia.. Iraq announces the establishment of a council to link the development path with Europe

by times news cr

Baghdad – Ina
Today, Saturday, Minister of Transport, Razzaq Muhaibes, revealed that Ankara has established a quadripartite council that includes Turkey, Hungary, Bulgaria, and Serbia to⁣ pave the way for linking the ‍development path with Europe,​ similar ‌to the Iraqi, Turkish, Qatari, and⁢ Emirati quadripartite council. While he confirmed the start ‍of ⁣the final ​designs of the‍ project, he stated ⁣that Iraq’s doors are open to any country that desires. By joining the project.

Muhaibis told the (INA): “The initial designs for the railways within the Development Road Project reached 100%, and the Ministry has initiated the final designs,” stressing, “The completion rate of the initial designs for the highway reached 84%, while the feasibility study was completed by 100%.” And conduct soil examination of an area of ​​more than 1,000 km.

He added, “Work⁤ is continuing to implement​ the project,” noting that “the ministerial ​statement of the second meeting held in Baghdad two days ago, which includes the four Ministers of Transport, organized the relationship, tasks,⁣ and responsibilities in managing the project.”

He stressed, “The statement included a paragraph, which is to keep the door open to any country ⁣that wishes to join​ the project,” ⁣explaining, “The upcoming discussions and studies will mature a systematic road map for implementing the development path.”

He pointed out, “The project includes stations, the first of which is Al-Faw‍ Port,⁤ which is the beating heart​ of the Development Road Project, in which the completion ‌rates in‍ the five berths have reached 100%,” noting, “The completion rates in the ⁢other projects of the port⁢ have also reached 75%.”

He continued, “The other leg of the project is ⁢the link with Turkey ⁢all⁤ the way‍ to Europe,” stressing, “The Turkish side has shown great interest in implementing the project and‍ established a quadripartite council that includes Turkey, Iraq, Hungary, Bulgaria, and Serbia, in⁣ order to prepare the road ‌and connect it with Europe.”

The Ministers of Transport of Iraq, Turkey, Qatar and the UAE held a ⁤meeting in Baghdad to discuss the Development Road file, which resulted in a joint statement confirming ‍the adoption of the joint coordination entity to manage the work ‍of the ⁢Development Road Project (governance) and the preparation of the long-term work plan for the Development Road⁤ Project to achieve the desired goals and achievements of ​the project.

Title: ⁤Bridging Nations: A Conversation on the Development Road Project

Interviewer (Time.news Editor): Good day, and welcome ​to Time.news. Today, we‌ have‍ the​ privilege of speaking ‌with Dr. Elias Khatib, an expert in international ⁤transportation and ‍infrastructure⁢ development. We’ll discuss the recent announcements made by the Iraqi Minister of Transport, Razzaq Muhaibes, ⁢regarding the ambitious Development Road ‍Project and the ⁣new quadripartite council‍ established⁢ by Turkey. Dr. Khatib, thank ⁣you ‍for joining us.

Dr. Elias Khatib: Thank you for having me!‌ It’s a pleasure to be here and to ⁢discuss such a pivotal development in ‌international transit.

Interviewer: To start, Minister Muhaibes mentioned that a quadripartite‍ council has been formed involving Turkey, Hungary,⁤ Bulgaria, and Serbia. How significant is this cooperation among these nations concerning regional connectivity?

Dr. Khatib: ​This‍ cooperation is crucial. By working ‌together, these countries⁣ can enhance their transportation infrastructure, ‍which ultimately ⁢supports economic growth and trade. The creation of this council​ is reminiscent of the Iraqi, Turkish,⁣ Qatari, and Emirati ⁤quadripartite council, signaling a clear shift towards ‍regional cooperation in⁢ infrastructure ⁢development, specifically in ⁤connecting Europe with Asia through strategic rail and road​ links.

Interviewer: That’s interesting! Minister Muhaibes shared that the railway designs for the ‌Development Road Project are complete, and ​the highway is significantly progressed as well. What impact‌ do ⁤you think⁢ this will ​have on Iraq ⁤and the surrounding countries?

Dr. Khatib: ‍The‍ completion of these‌ designs is a monumental step forward. It positions Iraq as a vital transit hub between Europe and Asia, ​potentially revolutionizing trade routes. For the neighboring ‌countries, it opens doors to⁢ increased connectivity, which can lead‌ to better ​trade agreements,⁢ higher tourism numbers, and lower transportation costs. it lays the groundwork for a more integrated regional economy.

Interviewer: ‍You mentioned trades and‍ tourism—those are very crucial.‌ With the completion⁤ of feasibility studies and soil examinations, how does this pave the way for foreign investment ‍in Iraq’s ⁤infrastructure?

Dr. Khatib: Foreign investment often hinges on concrete plans and feasibility. The fact that ‍these foundational studies are completed‌ shows potential investors ​that‌ Iraq ⁢is serious‌ about infrastructure development. When countries see an active commitment from the Iraqi government, they are more likely to invest not only⁤ in the⁤ Development Road‌ Project but also in various sectors such as ‌real ⁢estate, hospitality, ‍and logistics.

Interviewer: Minister Muhaibes stated that Iraq’s doors are open to any country that​ wishes to⁢ participate in the⁣ development project. What can⁢ you predict about the level‌ of interest from international players?

Dr. Khatib: Given the strategic importance of the project and the growing trend⁢ of countries looking to enhance cross-border trade, I anticipate significant interest. Countries with an ⁣eye on expanding their trade routes, such ⁤as China, Gulf states, and even European nations, may see this as an excellent opportunity to invest. Each potential partnership brings different strengths—be it technology, finance, or logistics expertise.

Interviewer: A comprehensive approach indeed.⁣ As we wrap up, what do you think will be the biggest⁢ challenges moving forward ‌for Iraq ‌and ⁣its partners in this ⁣project?

Dr. Khatib: Challenges will undoubtedly arise; ⁤political stability is paramount when undertaking such massive projects. ⁢Additionally, synchronizing the interests of multiple‌ countries could lead to negotiations that might ⁤slow progress. Infrastructure development often faces environmental ⁤and regulatory hurdles too. If Iraq tackles these challenges‍ effectively, it can pave the way for a transformative era‌ in⁤ regional transportation.

Interviewer: Those are insightful⁣ comments,⁤ Dr. Khatib. Thank ⁢you for sharing your expertise on such an important topic. The Development Road Project certainly lays the groundwork for greater regional cooperation and economic integration.

Dr. Khatib: Thank you! It was a pleasure discussing these developments, and I ‍look forward to seeing ‍how this project unfolds ‌in the future.

Interviewer: And ​thank you to our audience for joining ⁤us today. Stay tuned for more ‌updates from Time.news.

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