Lebanon, Iraq, Syria: Challenges and Opportunities
The article points out that Lebanon, Syria, and Iraq face rare opportunities to transform from conflict zones into strategic centers for oil and trade by building economic corridors that connect the Gulf with the Mediterranean and Europe. However, realizing these opportunities depends on the ability of these countries to protect and manage these corridors through legitimate authority and stable security, not just infrastructure presence. Studies also show that the gap between economic ambitions and political reality hinders the investment in these opportunities, especially given challenges related to sovereignty and the state's capacity to manage resources sustainably. Among the proposed projects is a plan to transport oil through Iraq and Syria to the Mediterranean at an estimated cost of $15 billion, with a capacity of up to 2 million barrels per day. This project requires political stability to ensure its success.
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