iraqi parliament admits basra as economic capital
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

With 70% of the imports

Iraqi Parliament admits Basra as economic capital

Arab Today, arab today

Arab Today, arab today Iraqi Parliament admits Basra as economic capital

Basra parliament
Baghdad - Najla Al Taee

Chairman of the Committee on Economy and Investment, Ahmed El Kanani confirmed in a press conference that, number of Basra parliament members voted and agreed to make Basra Iraq’s economic capital that will help to develop the country economy.

Basra is north of Iraq, 449 km from Baghdad, and it’s considered Iraq’s only marine port, and one of the richest governorates with oil. It has many oil farms like, Rumaila, West Qurna and Shuaiba fields and Magnon, and it obtains 80% of oil and gas reserves, while its imports represent 70% of public budget. Basra also has 3 million workers and administrative borders with three neighboring countries and 3 local governorates.

Basra PM, Khalaf Abdel Samad said during the conference that, the law will strengthen Basra economically, and Iraq is benefiting a lot from the governorate, stressing the need to complete the projects that will improve Basra’s  economic position like, Faw Port, which will be a connection point between Asia and Europe.

The Iraqi parliament session was held on Thursday, headed by Selim Al Jabori, and attended by 180 members. The session was held to discuss naming alternative capitals, which isn’t considered a strange habit for many developed countries, in order to increase its economic growth, like economic, cultural and entertainment capitals.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iraqi parliament admits basra as economic capital iraqi parliament admits basra as economic capital

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iraqi parliament admits basra as economic capital iraqi parliament admits basra as economic capital

 



GMT 08:12 2017 Tuesday ,28 November

Government launches a campaign to eliminate corruption

GMT 18:43 2018 Thursday ,20 September

Russian PM does not rule out expansion of trade wars

GMT 09:28 2017 Saturday ,30 December

Ski jumping: 40,000 to see Four Hills take leap of faith

GMT 19:31 2017 Sunday ,16 April

Iran to export gas to Iraq

GMT 03:14 2017 Monday ,17 April

Kazakhstan Ambassador hails ties with Oman

GMT 20:57 2017 Wednesday ,20 September

Dubai Customs launches Partners’ Happiness Lab

GMT 18:32 2017 Monday ,30 October

CBE governor directs banks to expand funding

GMT 14:58 2017 Sunday ,19 February

Dhoni removed as Pune captain, Smith to take over

GMT 14:35 2017 Thursday ,19 January

Naidu comes to the defence of 'Dangal' actress Zaira

GMT 18:06 2016 Tuesday ,06 December

HHA launches Geely X7 Sport 4WD in Saudi market

GMT 05:42 2017 Saturday ,01 April

Toshiba soars on reports of memory chip unit bid

GMT 16:00 2018 Tuesday ,30 October

Five killed in Daesh attack in central Libya

GMT 01:37 2018 Tuesday ,16 January

Education Minister congratulates Bahrain Bayan School

GMT 13:01 2015 Sunday ,23 August

New Suez Canal Project achievement for all Arabs
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday