Security in Iraq - opportunity for Kuwait?
Recently, I've heard comments that Kuwait is well positioned to become a major logistics hub in the Middle East. This is because Kuwait can serve as a gateway connecting Iraq and the world for imports and exports. Sounds like the Singapore-Malaysia and Hong Kong-China relationships in the past. But is it realistic?
Some logistics companies on the ground say it's difficult, as it's still dangerous to transport goods in Iraq. Some of their drivers, who were brave enough to transport supplies into Iraq, got kidnapped on the way. Their bosses had to pay ransoms. Now who wants to be the drivers if he may be kidnapped?
Sounds like until Iraq's security situation improves, Kuwait's role as a logistics hub remains limited
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