Syria Looks to Iraq for an Economic Boost - WSJ.com
Syria Looks to Iraq for an Economic Boost - WSJ.com
Interesting that these former sworn enemies, now sharing the same strategic ally (Iran), are now co-dependent: Syrian Minister of Economy and Trade Amer Hosni Lutfi said during a recent trip to Iraq that he hopes to more than triple bilateral trade, now estimated at $800 million, far behind Syria's biggest trade partners, China and Turkey, at $2 billion each. Syrian officials also have said that a railway line from the coastal city of Tartous to Umm Qasr port in southern Iraq is opening this month. The railway promises a faster and cheaper route to the Mediterranean for regional goods typically shipped through the Suez Canal.
Interesting that these former sworn enemies, now sharing the same strategic ally (Iran), are now co-dependent: Syrian Minister of Economy and Trade Amer Hosni Lutfi said during a recent trip to Iraq that he hopes to more than triple bilateral trade, now estimated at $800 million, far behind Syria's biggest trade partners, China and Turkey, at $2 billion each. Syrian officials also have said that a railway line from the coastal city of Tartous to Umm Qasr port in southern Iraq is opening this month. The railway promises a faster and cheaper route to the Mediterranean for regional goods typically shipped through the Suez Canal.