UAE, Iraq, Qatar & Türkiye sign MoU for Development Road project

  • Date: 23-Apr-2024
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
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UAE, Iraq, Qatar & Türkiye sign MoU for Development Road project

The United Arab Emirates (UAE), Iraq, Qatar and Türkiye, have signed a quadrilateral Memorandum of Understanding (MoU) for cooperation on the Development Road project. Iraq’s PM Muhammed S. Al-Sudani and President of Türkiye Recep Tayyip Erdo?an witnessed the signing ceremony. “This MoU focuses on collaboration for the strategic ‘Development Road’ project. The event was attended […]The United Arab Emirates (UAE), Iraq, Qatar and Türkiye, have signed a quadrilateral Memorandum of Understanding (MoU) for cooperation on the Development Road project.

Iraq’s PM Muhammed S. Al-Sudani and President of Türkiye Recep Tayyip Erdo?an witnessed the signing ceremony.

“This MoU focuses on collaboration for the strategic ‘Development Road’ project. The event was attended by members of the four signatory countries,” according to Iraq PM.

The MoU was signed by UAE Minister of Energy and Infrastructure, Suhail Mohamed Al Mazrouei, Iraq’s Minister of Transport, Razzaq Muhibis, Türkiye’sAbdulkadir Uralo?lu, and Qatar’s Minister of Transport, Jassim bin Saif Al Sulaiti.

“The outlines for the framework of implementing the Development Road project aim to stimulate economic growth and enhance regional and international cooperation through economic integration. It seeks to create a sustainable economy bridging East and West, increase international trade, facilitate movement and commerce, establish a new competitive transport route, and