02.04.2026 06:30
The Iran war and the crisis in the Strait of Hormuz have highlighted alternative land corridors in Asia-Europe trade. As the competition between Turkey-led Development Road Project and the US-backed IMEC line accelerates, Israeli media reported that Ankara's moves could sideline Tel Aviv. New alliances and financial support in the region are reshaping trade balances.
The trade balance between Asia and Europe is being reshaped alongside the Iran war and the crisis in the Strait of Hormuz. As risks in maritime routes increase, land corridors have become a strategic priority. The Development Road Project led by Turkey and the US-backed IMEC line emerge as the two most critical alternatives in the region.
ALTERNATIVE ROUTES HAVE GAINED STRATEGIC IMPORTANCE
Conflicts in Iran and uncertainties at critical transit points have accelerated the search for new transportation methods. Projects expected to shorten shipping times by one-third are affecting not only economic but also military and diplomatic balances. In contrast to the IMEC line extending from India to Europe via Israel, the Development Road Project extending from Iraq to Turkey has positioned itself at the center of regional competition.
FEAR IN ISRAELI PRESS: WE MAY BE LEFT OUT OF THE EQUATION
The recent intense diplomatic traffic conducted by Turkey is being closely monitored in Israel. The Maariv newspaper pointed out that Ankara's moves could sideline Tel Aviv, while retired Colonel Amit Yagur claimed that Turkey is directing regional countries towards its own infrastructure. Kan News indicated that Turkey and Syria are collaborating on a new corridor that would exclude Israel.
NEW ERA IN SYRIA ACCELERATED CORRIDORS
After the political change in Syria in December 2024, land transportation has resumed. Turkey's plan for a new route extending to the Gulf through Syria and Jordan aims to accelerate trade flow in the region. Syrian President Ahmed Shara's emphasis on a "safe port" and the railway talks with Saudi Arabia are seen as signals of new alliances.
INTERNATIONAL SUPPORT AND HUGE FINANCING
Financial supports for the projects have also become clearer. The World Bank approved a $930 million loan for Iraqi railways. An investment agreement of $20 billion for the Development Road was secured between Turkey, Iraq, Qatar, and the UAE. Meanwhile, US President Donald Trump and Indian Prime Minister Narendra Modi reiterated their support for IMEC, describing it as "one of the largest trade projects in history."
Source: Akşam