A new free zone area on the Iraqi- Syrian borders

The director general of the Iraqi free trade areas Bustam al-Janabi has stated that foundations have been laid for a new free trade areas on the Iraqi borders with Syria. He added these foundations include other services and warehouses.

He underlined the importance of this area which is situated near al-Qaem city in accelerating world trade, noting that the establishment of this area is in response to a proposal made by the free zones commission in Iraq, in the framework of the continued Iraqi steps to strengthen economic and political relations with Syria.

He said that this area is of great importance due to its strategic location which links the international highway between al-Basra and Baghdad and al-Qaem in Iraq with Bukamal, Deir ezz zour and Tartous on the Mediterranean in Syria.

Economists said that the establishment of such a free zone are near the borders with Syria will help the reactivation of trade between the two states and will play an important role in strengthening developed trade and economic relations between the two states.