- Seeking long-term business deals for oil, the new event details the ongoing efforts to establish pipeline routes from Iraq to Turkey and Syria, aiming for maritime port connections.
- Deepening ties between Türkiye, Iraq, and Syria across security, energy, trade, and infrastructure sectors.
- Cooperation is advancing between Lebanon, Syria, Iraq, and Saudi Arabia on infrastructure projects, including a High-Level Coordination Council.
- A port in Tartous, Syria, is investing in infrastructure upgrades to strengthen trade flows with regional markets.
An initial $800 million agreement was reached to develop the Tartus port in Syria, positioning it as a trade route to Gulf states.
1 report, 1 independent
Updated Sep 15
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What happened
An initial $800 million agreement was reached to develop the Tartus port in Syria, positioning it as a trade route to Gulf states.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Iraq
sovereign state in Western Asia
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Syria
country in West Asia
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DP World
Emirati multinational logistics company
Related events
- President Ahmed al-Sharaa outlined the strategic economic future of Syria, highlighting the importance of the Tartus port.
- Russia is establishing a commercial logistics hub at Tartous port in Syria to expand its economic influence.
- Syrian border crossings with Iraq are vital for trade.
- Amid the Hormuz blockade, the US is pushing for high-level oil pipeline deals to route Iraqi commodity imports through Syrian ports.
- Syria and the Levant are being positioned as a key trade hub, leveraging their geographic location and trade corridors, with Saudi Arabia leading Gulf states and Türkiye playing an increasing role in international trade.