Egypt launches new commercial channel linking Iraq, Saudi Arabia
The first trial shipment recently passed through Egypt's Safaga seaport on the Red Sea. This shipment is part of a proposal to establish a new regional commercial corridor that will connect Egypt, Saudi Arabia, and Iraq.
The initiative is part of a contemporary intermodal transportation infrastructure that mixes marine and land transport, reshaping the trading landscape between the Middle East and North Africa.
This new corridor represents not only a logistical milestone but also a significant advancement in the economic integration among the three countries.
Rather than relying on lengthy, complicated, and geographically demanding traditional routes, the new corridor provides an integrated model that begins in Cairo, passes through the Safaga Port, crosses the Red Sea to the Saudi port of NEOM, and continues by land to Erbil, the capital of the Kurdistan region of Iraq.
According to sources at Safaga Port, this pilot project has resulted in a more than 50 percent decrease in transit time compared to regular routes, providing a significant economic advantage in light of geopolitical challenges that some traditional corridors face.
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