Economist: The Silk Road faces political and regional challenges
economic Last update 01/24/2022 | 8:52 AM
Information / Baghdad...
Economist Wissam Al-Tamimi said that moving on the Silk Road through Iraq faces great internal and external political and regional challenges at the same time, pointing out that
some parties at home are seeking to thwart the project through the Gulf money they receive from time to time.
Al-Tamimi told "Al-Maalouma", "Iraq depends on oil as a primary source of its economy, with a percentage exceeding 85 percent of the total output of monthly revenues, while
Iraq will be able to make oil as a secondary revenue in the event of implementing the Silk Road and making Iraq a crossing for it."
He added that "there are a number of political challenges related to the stance of some parties against this project, especially those that were tempted with Gulf money in order to change the direction of the road towards the GCC countries, first of which is the UAE, whose rulers are seeking to obtain this path."
And he indicated that "a regional and international conflict is taking place on this road, as America stands against its passage as a whole, especially as it considers China its first economic enemy and seeks in various ways to destroy it and thwart projects, whether in Iraq or the countries of the region."
Al-Tamimi stated that “Iraq is the most fortunate of the rest of the Gulf countries, especially the UAE, in terms of the area that enables China and major international companies to set up their factories on the land of Iraq, in addition to
the multiplicity of its neighborhood and its direct connection with European countries,
which makes it distinguished over other countries in terms of land.” suitable for the passage of the road and the establishment of factories.” finished 25