logo

Iraq celebrates launch of TIR System

Iraq Business06-06-2025
By John Lee.
With the TIR system now live in Iraq since April 2025, the Minister of Transport and industry leaders officially marked this milestone this week in Baghdad, signalling a new era for international logistics and trade.
The official launch of the global TIR transit system in Baghdad brought together the public and private sectors to celebrate this momentous achievement. The event was organised under the patronage of H.E. Razzaq Muhaibes Al-Saadawi, Iraq's Minister of Transport, and IRU members General Company for Land Transportation (GCLT) and Transforat.
Managed by the International Road Transport Union (IRU) under a UN mandate, TIR was created in 1949 in post-war Europe to rebuild devastated economies. Its mission then - making cross-border trade efficient and secure - is just as relevant today.
IRU Secretary General Umberto de Pretto, who delivered the keynote speech, said:
" Today, we celebrate the full implementation of the global TIR transit system in the Republic of Iraq. This is a hugely important step taken by the Iraqi government and supported by different stakeholders across the Iraqi administration.
"This new chapter for Iraq will revive and revamp the country's ancient role as a key crossroads in regional and international trade. "
"What TIR did 75 years ago for Europe, it has continued to do ever since for Türkiye, the Caucasus, Central Asia, China, Pakistan, Saudi Arabia, the Gulf Cooperation Council (GCC), and now, Iraq."
According to a statement from IRU, demand for TIR has soared in the Middle East, growing over 400 percent between 2023 and 2024.
It adds that, alongside robust security, the system's phenomenal success in the region stems from its efficiency and speed - cutting transport times by up to 92% across GCC borders, for example.
" The success of the first shipments that have already transited your borders under TIR is a noteworthy milestone in this journey and a precursor of future success, " said Umberto de Pretto.
Logistics and transport companies are starting TIR operations from departure points such as Mersin, Türkiye, to the GCC via the Iraqi seaport of Umm Qasr. With TIR, this journey is being completed securely in less than a week, compared to a minimum of 14 days via the Red Sea, or up to 26 days if the ship needs to reroute around Africa.
In a fully inland operation, a shipment from Poland to the UAE via Türkiye and Iraq was completed in a record 12 days. According to the operator, a multimodal operation via the Red Sea would have taken at least 21 days.
TIR's electronic pre-declaration system (TIR-EPD) has also been integrated with Iraq's URUK platform, enabling the submission of advance cargo information. Trucks can be closely monitored using GPS tracking throughout their journey, while regular checkpoints ensure cargo and transport security.
" Today, we are not merely launching a transit system. We are celebrating a new chapter in Iraq's journey towards prosperity, connectivity and global relevance. The best chapters of Iraq's history are still to be written, " concluded Umberto de Pretto.
In high-level talks, IRU and the Minister of Transport discussed next steps to build on this momentum and support Iraq's Development Road Project. They also explored the opening of new inland customs offices for the clearance of goods transported under TIR.
Umberto de Pretto also held bilateral meetings with Lieutenant General Sami Radi (Advisor to the Prime Minister on ports, customs and transport affairs), Lieutenant General Dr Omar Adnan Al-Waeli (President of Iraq's Border Ports Authority), Thamer Qasim Daoud (Director General of the Iraqi General Customs Authority) and Murtada Karim Al-Shahmani (General Manager and Chairman of the Board of Directors of GCLT).
See our Comprehensive Guide to Logistics in Iraq here.
(Sources: IRU, Ministry of Transport)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Iraq nears completion of power link with GCC grid
Iraq nears completion of power link with GCC grid

Iraqi News

time2 hours ago

  • Iraqi News

Iraq nears completion of power link with GCC grid

Baghdad ( — Iraq is close to finalizing a new electricity interconnection with the Gulf Cooperation Council (GCC) grid, a project designed to ease the country's chronic power shortages and deepen regional energy integration. The transmission line, running nearly 300 kilometers from Al-Wafra in Kuwait to Al-Faw in southern Iraq, is around 90 percent complete and expected to begin initial operations soon. While the original target for completion was May 2025, full synchronization with the wider GCC network is now projected for 2026. Once operational, the link will provide Iraq with access to surplus electricity from neighboring states, helping to stabilize its strained grid and strengthen supply in Basra and other parts of the south. The interconnection forms part of the broader Gulf Power Interconnection program, launched in 2022 to expand cross-border electricity flows, enhance efficiency, and support cleaner energy distribution across the region. The expansion also positions Kuwait as a central hub for regional power exchange, with grid links extending to both Saudi Arabia and Iraq. Officials expect the integration to open the way for wider electricity trade and greater energy security throughout the Gulf and Iraq over the next year.

Analysis by economic expert reveals Iraq is a key multi-dimensional partner for Turkey
Analysis by economic expert reveals Iraq is a key multi-dimensional partner for Turkey

Iraqi News

time7 hours ago

  • Iraqi News

Analysis by economic expert reveals Iraq is a key multi-dimensional partner for Turkey

Baghdad ( – An economic analysis by expert Manar Al-Obaidi highlights that Iraq is a pivotal partner for Turkey, with a multi-faceted relationship that extends well beyond trade to significantly impact vital Turkish economic sectors. This deep connection, however, also presents Iraq with considerable economic leverage that can be used in key negotiations. The commercial and financial relationship According to Al-Obaidi's analysis, Iraq's role as a major importer of Turkish goods is significant. The country ranks as Turkey's fifth-largest global importer, accounting for over 4% of all Turkish exports. In 2024 alone, this amounted to over $11 billion. Over the last five years, Iraq imported more than $52 billion worth of Turkish goods. The analysis also reveals a severe trade imbalance, with Turkey enjoying a surplus of over $54 billion with Iraq in the last five years. While Iraq's imports dominate in certain sectors, its own exports to Turkey are minimal, totaling less than $3 billion over the same period, consisting mostly of raw materials for re-processing. Tourism and investment The report underscores the critical role of Iraqi tourism and investment in the Turkish economy. In 2024, approximately 2 million Iraqi tourists visited Turkey, spending over $2 billion. Over a decade (2015–2024), more than 14 million Iraqi tourists spent over $13 billion, making Iraq the sixth-largest source of tourists for Turkey globally. In the real estate market, Iraqis have been a driving force among foreign investors in Turkey, purchasing over 45,000 residential and commercial properties valued at more than $2 billion within the last five years. Strategic leverage Al-Obaidi also points out that Turkish investments in Iraq over the last decade have reached over $35 billion, with Turkish companies securing a majority of contracts for housing complexes and other major infrastructure projects. He notes that this comprehensive economic interdependence, including an estimated $1 billion in annual remittances from Iraqis to Turkey, gives Iraq significant economic leverage. This strategic advantage, the analysis concludes, could be effectively utilized by Iraq to strengthen its negotiating position on contentious issues, particularly concerning water rights and the massive trade imbalance with Turkey.

Iraq's Central Bank faces last chance to reform banking sector
Iraq's Central Bank faces last chance to reform banking sector

Iraqi News

time7 hours ago

  • Iraqi News

Iraq's Central Bank faces last chance to reform banking sector

Baghdad ( – Iraq's Central Bank (CBI) is facing a critical deadline with less than two weeks for private banks to implement the reform roadmap proposed by the American company 'Oliver Wyman.' Failure to do so could lead to the direct intervention of the US Federal Reserve and the US Treasury, a scenario Baghdad is eager to avoid to protect its sovereignty and reputation. For years, the US Federal Reserve and Treasury have maintained a strict policy with the CBI, which led to approximately 50% of Iraqi banks being excluded from dealing in US Dollars due to sanctions and restrictions. During this period, the Federal Reserve imposed numerous requirements to enhance compliance, including the expansion of direct transfers and electronic payments, and the consolidation of banks through mergers and liquidation, along with changes in ownership and capitalization structures. This situation put the CBI in a difficult position, caught between the demands of the US Federal Reserve and powerful domestic interests that own and operate dozens of banks, which profit from the flow of US Dollars. As a compromise, the CBI commissioned 'Oliver Wyman,' a US-based firm with ties to the Federal Reserve and the Treasury, to evaluate the Iraqi banking system and present a reform plan. The resulting plan, presented by the consulting firm, mirrors the very requirements that the Federal Reserve and Treasury had demanded in the previous year. This suggests the CBI received the federal requirements indirectly, a tactic that appears to be a way to cover for direct US intervention in reforming the Iraqi banking system. The plan is now ready for implementation, but according to economic expert Ziyad Al-Hashimi, there are 'benefiting parties' working behind the scenes to obstruct the reforms. Al-Hashimi warns that if the CBI fails to enforce the plan, the Federal Reserve and Treasury will return to direct intervention and pressure, or impose even more stringent measures and sanctions. The CBI is working diligently to avoid this direct intervention to protect its reputation and assert its independence, a task that requires a firm stance against internal pressures.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store