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Türkiye and Syria have signed a new memorandum of understanding on international road transport, setting the stage for the resumption of direct overland trade between the two nations.
The memorandum revives a 2004 bilateral road transport agreement and will eliminate the need for cargo transfers at the border.
“Goods will now be transported directly between Türkiye and Syria without transshipment, making trade faster, simpler, and more cost-effective. The restoration of transport links will strengthen our countries’ roles in regional trade connecting Europe and Asia,” Uraloğlu stated during the Global Transport Connectivity Forum in Istanbul.
He added that t will also help integrate the Middle Corridor with Gulf nations, facilitating direct overland access from Türkiye to Jordan, Saudi Arabia, the United Arab Emirates, Qatar, and other Gulf states.
The two countries have also agreed to collaborate in various aspects of freight and passenger transportation, including organizing joint training programs for industry professionals.
According to Uraloğlu, restoring direct transport links will not only enhance Türkiye and Syria's roles in regional trade between Europe and Asia but also support integration of the Middle Corridor with Gulf economies.
This development follows the fall of Syria’s long-standing Assad regime last December. A transitional government took power in January, paving the way for renewed diplomatic and economic ties with regional and international partners.
An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resumption of commercial shipping through the sea passage and the lifting of an American naval blockade on Iranian ports.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
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Azerbaijan’s President Ilham Aliyev and Armenia’s Prime Minister Nikol Pashinyan remarked upon progress made towards normalising relations between Baku and Yerevan in a phone call on the first anniversary of the Washington peace summit.
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