Friday, March 23, 2007

 

Iraq asks Turkey to open new entry point for trade

Trade
(Azzaman) Iraq has asked Turkey to open a new entry point on their international borders to cope with expanding trade exchange. Most of the exchange is one way with Turkish commodities flowing into Iraq at rates unseen since the 2003 U.S. invasion.
The flow of goods passes through the only border point close to Zakho but the Trade Minister Adbulfalah al-Sudani says the Zakho border crossing cannot handle the increasing trade volume.
Most of Turkish goods go to the provinces in the north as lack of security makes it dangerous for truckers to take highways in the central parts of the country.
Baghdad and the provinces in the south rely mainly on trade with Iran which has emerged as the country’s biggest trade partner. But Sudani said he was keen to see a further boost in Turkish commodities in Iraq and for this reason his ministry is organizing trade fairs in both countries to promote Turkish goods.

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