Iraq has made progress in completing the first phase of its multi-billion-dollar Al Faw Grand Port Project. In a statement to local media last week, I.
Iraq to issue tenders for road link with Turkey zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Chinese companies are well positioned to participate in Iraq’s efforts to expand its oil production capacity and develop domestic gas supplies, as they are actively engaged in various energy-related undertakings throughout the country. However, if indeed China’s strategy is, as some have suggested, to become the dominant player in Iraq’s economy, achieving that objective will likely prove difficult given Iraq’s challenging operating environment and contentious politics.
The fast-track rapprochement between Iran, Saudi Arabia and Syria has raised hopes that West Asia is finally in a collaborative mood, seeking economic development instead of conflict.