Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Iraq to join China’s Belt and Road project

byCT Report
24/09/2019
in Latest News, World Business
Share on FacebookShare on Twitter

BEIJING: Iraq will join China´s signature “Belt and Road” infrastructure investment project, the country´s prime minister said Monday in Beijing.

Adel Abdel Mahdi made the announcement in a meeting with Chinese President Xi Jinping during a state visit. “Iraq has gone through war and civil strife and is grateful to China for its valuable support,” said Mahdi, in comments broadcast on Chinese state media outlet CCTV.

You might also like

PM Shehbaz meets Chinese business delegation, pledges digital economic ties

15/05/2026

No under-invoicing found in used vehicles or solar panel imports: NA told

15/05/2026

“Iraq is willing to work together in the ´One Belt, One Road´ framework,” he added. Xi said that the two countries would cooperate on oil and infrastructure projects.

“China would like, from a new starting point together with Iraq, to push forward the China-Iraq strategic partnership,” said Xi.

Trade last year between China and Iraq was more than $30 billion, according to state news agency Xinhua. Beijing is Baghdad´s biggest trade partner, while Iraq is China´s second biggest oil supplier.

The Belt and Road Initiative is a massive global network of ports, railways, roads and industrial parks spanning Asia, Africa, the Middle East and Europe, which will see trillions invested in new infrastructure.

It has faced criticism for swaddling poor nations with crippling debt and been eyed with suspicion by Washington, which sees it as an attempt by China to grow its influence in the region.

Related Stories

PM Shehbaz meets Chinese business delegation, pledges digital economic ties

byCT Report
15/05/2026

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif met a high-level 11-member Chinese business delegation led by IBI Beijing United Technology founder,...

No under-invoicing found in used vehicles or solar panel imports: NA told

byCT Report
15/05/2026

ISLAMABAD: Minister of State for Finance Bilal Azhar Kayani on Friday informed the National Assembly that no cases of under-invoicing...

Govt plans 7-year car installment scheme with loans up to Rs10m

byCT Report
14/05/2026

LAHORE: The federal government is considering a major overhaul of auto financing rules that would allow long-term car installment plans...

Railways ML-1 upgradation project to start this year, estimated cost set at $6.66b

byCT Report
14/05/2026

ISLAMABAD: The Ministry of Railways has presented a detailed plan in the National Assembly for the upgradation of the 1,726-kilometre...

Next Post

PIEDMC decides to expedite work on new business parks

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.