Jordan, Iraq to set up joint industrial zone, trade committee


10-09-2017 09:27 AM

Ammon News - AMMONNEWS - Jordan and Iraq agreed on Sunday to establish a joint industrial zone on the border between the two countries, and asked companies on both sides to promptly put in place their visions about implementation.

During a meeting in Amman co-chaired by Minister of Industry, Trade and Supply Yaroub Qudah and Iraqi Minister of Industry and Minerals Mohammad Shia' Al Sudani, the two sides also agreed to form a joint Jordanian-Iraqi trade committee chaired by the minister of industry, trade and supply and the Iraqi minister of trade to follow up on the implementation of the free trade agreement that went into effect on March 15, 2013.

They also reviewed the list of Jordanian commodities that will be exempted from Iraqi customs fees.

Qudah said that today's meeting was the fifth between the two sides in less than a year, adding that it reflects the keenness of the two countries to further cement bilateral cooperation in various fields. The meeting, he added, was to follow up on what had been agreed upon during a meeting of the Joint Jordanian-Iraqi Joint Committee in Baghdad last March.

The minister said Jordan would place its economic expertise at the service of the Iraqi side, mainly in developing the industry and supporting small-and-medium sized projects as well as exports.

The Iraqi minister said his country is also keen to further promote its economic relations with Jordan through increasing trade exchange, especially after the reopening of the Turaibeel border crossing, and work to set up investment projects.




  • no comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :