{"id":87266,"date":"2025-07-01T00:00:00","date_gmt":"2025-07-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/07\/01\/slew-of-updates-on-debts-trucking-aviation-and-trade-from-turkey-iraq-ksa-and-morocco\/"},"modified":"2025-07-01T00:00:00","modified_gmt":"2025-07-01T00:00:00","slug":"slew-of-updates-on-debts-trucking-aviation-and-trade-from-turkey-iraq-ksa-and-morocco","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/07\/01\/slew-of-updates-on-debts-trucking-aviation-and-trade-from-turkey-iraq-ksa-and-morocco\/","title":{"rendered":"Slew of updates on debts, trucking, aviation, and trade from Turkey, Iraq, KSA, and Morocco"},"content":{"rendered":"

DEBT WATCH-<\/p>\n

World <\/strong>Bank backs Turkey\u2019s Middle Corridor route:<\/strong> Turkey has secured USD 660k in financing from the World Bank for a two-phase project to upgrade the Middle Corridor trade route, with co-financing contributions from the Asian Infrastructure Investment Bank and the Islamic Development Bank, Turkish outlet Anadolu Agency<\/a> reports. The project\u2019s first phase will modernize the Divrigi-Kars-Georgia border railway at an expected cost of USD 1.3 bn, whereas the second phase is projected to cost USD 5.5 mn. <\/p>\n

About the route: <\/strong>The project involves rehabilitating the route of 660-km route \u2014 an international railway connection located in eastern Turkey, according to the country\u2019s Official Gazette (pdf)<\/a>. The line links Turkey to Georgia and the Middle Corridor in the east, bridging Turkey\u2019s eastern and western provinces. Overhauling the line will involve infrastructure works such as mainline and turnouts, bridges, terminals, stations, drainage, and protection structures.<\/p>\n

\n

TRUCKING-<\/p>\n

Iraq <\/strong>has received three shipments from Turkey under the TIR system<\/strong>, originating from Istanbul and bound for the Gulf, according to a statement<\/a>. The TIR system, managed by the International Road Transport Union \u2014 which Iraq recently joined<\/a> \u2014 tracks shipments from their origin point until their destination. The move marks the opening of a new route from Turkey to the Gulf via Iraq. Another route is underway \u2014 originating in Romania, then heading to Iraq via Turkey \u2014 and will serve several destinations in the Gulf.<\/p>\n

A push for transshipment primacy: <\/strong>A truck transport system<\/a> involving Turkey, Iraq, Germany, Jordan, and Kuwait launched on Friday, coinciding with the Global Transportation Corridors Forum<\/a> in Istanbul. The move embodied Ankara\u2019s objective of positioning Turkey as a transshipment hub, and marked the first phase of Iraq\u2019s Development Road Initiative<\/a>.<\/p>\n

\n

AVIATION- <\/p>\n

Saudia <\/strong>Cargo + China Cargo partner on air freight:<\/strong> Saudi Arabia\u2019s air cargo carrier Saudia Cargo has inked a cooperation agreement with China Cargo Airline to enhance air freight networks and operations between the Middle East, Asia, and Europe, according to a statement<\/a> published last week. The agreement aims to increase the number of flights between Riyadh and Shanghai, provide direct cargo transport from Riyadh to Budapest, and adopt integrated logistics solutions to improve the supply chain. <\/p>\n

Saudi-Sino ties: <\/strong>Saudia Cargo launched a Hong Kong-based JV \u2014 Saudia Cargo Global<\/a> \u2014 with the Chinese general sales service agent TAM Group last week. The Saudi airline also inked two MoUs in April: one with China Cargo Airline<\/a> to develop specialized logistics services to boost bilateral trade between the countries in line with China\u2019s Belt and Road Initiative<\/a>, and another with China\u2019s Henan Aviation Group to ramp up services<\/a> between Riyadh and Zhengzhou via the Air Silk Road. <\/p>\n

\n

DIPLOMACY-<\/p>\n

Morocco<\/strong>, Ukraine ink transport agreement<\/strong>: <\/strong>Moroccan and Ukrainian officials signed an agreement to bolster road transport links, Morocco World News<\/a> reports. The bilateral agreement allows Ukrainian freight players direct access to Moroccan markets. In return, Moroccan transport companies can now send Europe-bound shipments through Ukraine.<\/p>\n","protected":false},"excerpt":{"rendered":"

Stories on our radar this morning from around the region<\/p>\n","protected":false},"author":1,"featured_media":87267,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[63],"tags":[62,145,248,165,35,150,31,755,232,231,685],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-aviation","tag-china","tag-debt-watch","tag-iraq","tag-morocco","tag-saudi-arabia","tag-saudia-cargo","tag-trucking","tag-turkey","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"bdefa13f-d58c-44cb-a09d-9e4bad3d33d3","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/7\/46.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Slew 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