01/07/2010Iraq is planning to open more border crossings in order to stimulate economic
Baghdad, The government consultant said Thursday that Iraq will open all border points with neighboring countries in order to increase economic cooperation and trade with them.
He also explained reputation beyond agency Kurdistan News "The Iraqi government is seeking to open more border points with Jordan, Syria, Turkey and Iran during the next six years to boost the trade and economic relations between those States and Iraq."
He said, "will border crossings with neighboring countries, a pervasive role in stimulating the movement of trade and investment in Iraq, which will increase the rate of economic mobility to almost double."
He pointed out that "the border crossing points were in the past has caused security problems in Iraq, but today is a principal source of economic activity and trade, especially with Turkey and Iran, that Iraq had business relationships are deep and long-term with them."
Iraq seeks to open the crossings is new to the border with Turkey to increase bilateral trade to 20 billion dollars, because Turkey is a trading partner of the president of Iraq and the biggest investors in the country since the military operations led by the United States in 2003 and there is a single border-crossing between the two countries at present.
The head of the Kurdistan Regional Government Barham Saleh said during his visit to Turkey that "Iraq is seeking to open new border crossings with Turkey and the establishment of industrial and commercial zone on the Iraqi side of the border with Turkey."
It is hoped that the volume of trade exchange between Iraq and Turkey seven billion dollars by the end of 2010, recording an increase from what it was last year, which had reached six billion dollars.
And sends a quarter of Iraq's oil exports, or about 500 thousand barrels per day of northern city of Kirkuk to the Turkish port of Ceyhan on the Mediterranean, and seeks to become a major global producer of crude oil after he signed a series of agreements for the oil fields.
