The Silk Road and Iraq’s promising economy
Baghdad: Economists and those interested in it addressed during a recent economic conference the importance of the Silk Road and the positives it generates for the country and the region, and its impact on the development of the economies of the region. An important location on the Silk Road and the importance of utilizing it for the benefit of the country.
The head of the center, Dr. Ali Abdul Razzaq Mohieddin, said: “The importance of the Silk Road Agreement between Iraq and China stems from what he called the bartering of raw materials from countries in exchange for reconstruction, and Iraq intends to pay oil in exchange for reconstruction to pay the economic burden without debts, and because it cuts off corruption and provides opportunities The work of academic minds and skilled hands in accordance with the terms of the agreement, which contributes to solving a large part of the unemployment problem of forty percent of the people, and moves the wheel of the Iraqi economy… locally and internationally, and its impact is consolidated globally, adding seventy billion dollars in concert with oil on the arrival of Iraq’s budget to one hundred and fifty Billion dollar annually}.
Dr. Mohieddin said: “Iraq’s location in the heart of the Silk Road enables it to lay the economic and political foundations, to have an independent sovereign role that enables it to take major decisions in its favour.”
The first session of the conference dealt with: “The geo-economic dimensions of the Silk Road and its impact on Iraq, Iraq and regional and international transformations.. A reading of the strategic agreements.. Arab and Chinese, and hand in hand to achieve the Iraq-China agreement, and the Chinese strategy…
The new Silk Road project and its repercussions on the Iraqi economy
While the second session included important topics, the most important of which are the Silk Road and Iraq’s economic future, the role of the Iraqi-Chinese agreement in investing in infrastructure, sustainable urban development for Iraq, the Silk Road to promote sustainable tourism development, the Silk Road and Iraq’s promising economic future.
Alsabaah.iq