Economy and Energy
Iraq – Iran Railway Project: Warnings of Destroying the Grand Faw port
The Grand Faw Port prepares Iraq to be a pathway for 16% of world trade
Iraq doesn’t have railways with neighboring countries and relies on the land and seaports for trade exchange.
Iraq seeks to establish railways with the neighboring countries to reduce transportation costs due to the significant increase of goods and commodities supply. Among approved projects is the Basra-Shalamjah line, which connects Iraq with Iran, with a length of 32 km.
Tehran and Baghdad can achieve meaningful milestones for their economic advancement. Referring to the operational problems related to the “Shalamjah-Basra” railway project, Iranian President Hassan Rouhani said last February, “We consider this project to be economic and commercial par excellence. It is conducive to strengthening and increasing communication channels between the two countries.”