Jordan, Iraq Set Timeline to Establish Joint Border Industrial Zone | Jordan News | Ammon News

Jordan, Iraq Set Timeline to Establish Joint Border Industrial Zone

[11/18/2018 3:26:57 PM]

AMMONNEWS - Jordanian Minister of Industry, Trade and Supply Tareq al-Hammouri and Iraqi Minister of Industry and Minerals Saleh al-Jabouri have agreed on the required practical steps to establish a joint industrial zone on the border between the two countries.

They set a detailed program of the executive procedures to establish the industrial zone that is aimed at reinforcing economic cooperation in all fields.

They stressed that all conditions are adequate to implement this strategic project that is backed by Iraqi President Barham Salih and Jordan's King Abdullah II.

Both parties underlined the significance of engaging the Jordanian and Iraqi private sectors in the process of establishing an industrial zone in order to provide the success factors of this bilateral project.

Hammouri and Jabouri’s discussions included facilitating procedures related to the entrance of Jordanian commodities to the Iraqi market and exempting them from customs, in accordance with the bilateral free trade agreement, following up on the establishment of a commercial center for Jordanian commodities in Baghdad and rehabilitating the Trebil border crossing.

Hammouri said the discussions will give a strong push for economic cooperation between Amman and Baghdad.

Jordan stands by Iraq to move to the stage of construction and reconstruction, as well as achieving stability, peace and security through qualified investors and experienced companies to enable Iraq to merge internationally, regionally and in the Arab region, he added.

*Asharq Al-awsat

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