Jordan, Iraq seek to forge trade ties

[05-04-2016 12:38 AM]

Ammon News - AMMONNEWS - The Jordanian-Iraqi Business Council, Monday, called for boosting economic engagement between the two countries in the fields of trade, agriculture and export through the port of Aqaba.

At a meeting today, Chairman of the Board of Directors of Jordan Chamber of Commerce, Nael Al-Kabariti, who chaired the Jordanian side, said its important to overcome challenges and promote potentials that would increase bilateral trade.

He also emphasized the need to increase the volume of Iraqi products imported through the port of Aqaba, and the establish of trade fairs and organize a Jordanian-Iraqi annual investment forum.

Chairman of the Federation of Iraqi Chambers of Commerce, Jaafar Al-Hamdani, who headed the Iraqi side at the meeting, said that trade exchange between his country and Jordan was negatively affected by the military operations and the terrorist group Daesh.

He revealed that Iraqis have investments worth around $15 billion in Jordan, and stressed that the Kingdom is considered an investment magnet that provides security and stability.

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