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Improving Transnational Transport Corridors

In the OIC Member Countries: Concepts and Cases

170

4.8.3.

Economic factors

Based on EoDB compiled annually by the World Bank, Turkey performs best among the

corridor countries. However, if only Mashreq countries are considered, it is Jordan. As shown

in

Table 62,

the times taken to complete border and documentary processes in Jordan are the

lowest, much lower than the other countries. Jordan appears to have very efficient customs

clearance procedures. The cost to export is also the least. This is also confirmed by its OI,

which is the highest among the corridor countries, as indicated in Table 63.

Table 62: EoDB of corridor countries in 2016

Source: World Bank

Table 63: Openness of corridor countries in 2016

Source: Fimotions (2017), analysis on data o

n www.trademap.org .

4.8.4.

Trade Facilitation

Trade Agreements

Member States of the Economic and Social Commission for Western Asia (ESCWA) adopted the

Integrated Transport System in the Arab Mashreq North-South Corridor (ITSAM). ITSAM aims

to facilitate trade and transport between the countries of the region, in order to enhance

regional integration and trade flows. ITSAM includes the following: (a) an agreement on

international roads in the North-South Corridor; (b) priority routes M40 and M45; (c) an

agreement on international railways in the Mashreq North-South Corridor; (d) a memorandum

of understanding on maritime transport cooperation in the North-South Corridor; (e) national

committees for the facilitation of transport and trade; (f) road safety; (g) a regional transport

information system; and (h) an agreement on multimodal transport of goods between Arab

countries.

GDP

Imports

Exports

JOR

37,517

19,207

7,509

71.2%

SAUDI

646,002

129,796

207,572

52.2%

SYR

N/A

17,561

11,353

N/A

TURKEY

718,221

198,602

142,606

47.5%

YEMEN

35,955

6,753

509

20.2%

Country

USD Millions

Openness

TURKEY

69

70

16

376

5

87

SYR

173

176

84

1113

48

725

JORD

118

50

38

131

2

16

SAUDI

94

158

69

264

90

105

YEMEN

179

189

N/A

N/A

N/A

N/A

Time to

export

(hours)

Cost to

export

(USD)

Documentary Compliance

Overall

Trading

across

borders

Time to

export

(hours)

Country

Ranking

Border Compliance

Cost to

export

(USD)