During an official visit to Ankara, Iraq's new Prime Minister Ali Al-Zaidi emphasized the strategic value of the flagship 'Development Road' project. This major infrastructure initiative aims to connect the Grand Faw Port in southern Iraq directly to Türkiye's transport network and European markets. Alongside infrastructure discussions, a new joint framework for managing the Tigris and Euphrates rivers officially entered into force on September 1, 2026. The bilateral agreement establishes updated protocols to address regional water sharing and resource management challenges. Under the framework's financing mechanism, water management and infrastructure projects within Iraq will be directly funded through revenues generated from Iraqi crude oil sales to Türkiye, strengthening bilateral economic cooperation [Source](https://www.google.com/search?q=)