Basra: Iraqi ports are exploring measures to contain the repercussions of the closure of the Strait of Hormuz. The Economic Response Cell in Basra Governorate discussed the repercussions of the closure of the Strait of Hormuz and its impact on trade, maritime transport, and supply chains. The meeting, held via video conference, included the Technical Assistant to the General Company for Iraqi Ports, Senior Chief Marine Engineer Haitham Kadhim, and experts from the German Agency for International Cooperation (GIZ).

According to National Iraqi News Agency, a statement from the Ministry of Transport indicated that the meeting, which was attended by representatives from government institutions, the private sector, and other relevant entities, addressed potential challenges facing the economic, commercial, and transport sectors. Discussions also focused on measures and solutions to mitigate the crisis’s effects and ensure the continuity of transport and trade.

The Technical Assistant to the General Company for Iraqi Ports emphasized that the Strait of Hormuz’s importance to trade and maritime transport makes Iraq one of the countries affected by its closure. He noted that the company, under the direction of Transport Minister Wahab al-Hassani, is working to study appropriate solutions, address emerging challenges, and leverage specialized international expertise.

Participants also discussed ways to enhance the resilience of supply chains and logistics services, and improve coordination between government institutions and the private sector, to ensure the continuity of business activity and minimize potential economic repercussions on Basra Governorate and Iraq in general.