Budget deficit of Iraq Beyonds the Turkey’s Strategy for Development of Trade with Neighboring Countries
This is the title of tomorrow’s keynote speech* for University of Baghdad. The event 25-26 August 2021. The other keynote speakers from Romania; Prof. Dr. Adriana Burlea-Schiopoiu, University of Craiova and Prof. Dr. Grigore Pirosca from Bucharest University of Economic Studies.
Event link: https://pgiafs.uobaghdad.edu.iq/?page_id=22044
The title gives the clue of contents of speech but i will put you off the trail to border trade effect on cities closed to borders. Sunğuralp, V. & Meral, Y. (2021) published “BORDER TRADE APPLICATIONS IN INTERNATIONAL TRADE: HABUR BORDER GATE”. It aims to find out the economic added value to Turkey’s economy via Habur Customs Gate which is located between Iraq and Turkey border. The methodology of this study is a literature review of border trade and through in-depth interview method with 10 local drivers who carry goods through borders, the in depth interviews were conducted during a three-month internship period between March-May, 2019. As a result of the literature review, it was observed that the export made by border trade decreased by approximately 3 billion dollars in 2014, 2015 and 2016 due to various reasons (security, political and terror etc.) that started in 2014. Among Turkey’s borders, the most revenue has been earned from Habur Border Gate, which is a vital point, a commercial bridge between Turkey and Iraq, one of the largest export markets in the Iraqi border. Finally, it is observed that Habur Border Gate increased the value added to the country’s economy with the right strategies in foreign policy, and when the relationships between the two countries are strained, export volume is decreased and country’s economy and all cities in the region are negatively affected.
The border trade is a just one point in developing relations.
Wish to meet at the event. Event link: https://pgiafs.uobaghdad.edu.iq/?page_id=22044
References:
*https://www.mfa.gov.tr/komsu-ve-cevre-ulkeler-ile-ticareti-gelistirme-stratejisi.tr.mfa
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