Expectations by skipping the Iraqi Jordanian trade exchange $ 1.2 billion in 2013
July 15, 2013 12:07
Oxford Business Group reported the world's leading sunset, that Jordan has succeeded in building close ties with the Iraqi side to reach commercial exchanges between the two sides to 861 million dinars ($ 1.2 billion) in 2012. The group compared these data with those issued in 2008, where trade exchanges recorded 626 million dinars ($ 885 million in 2008) expected further rise in the current year.
The group's report revealed that the Jordanian exports controls 83 percent of these commercial exchanges as positive first quarter results. Investors are still wary of security concerns in Iraq, however, the reconstruction process is moving along with the booming oil sector, helping to expand the role of Jordan as a major source of goods and services to Iraq.
Iraq now produces 3.4 million barrels of oil a day, what his family to regain second place on the list of producers of "OPEC". The Group believes that the pipeline between the two countries along the 1,700 kilometer will generate revenue for the Warden of $ 3 billion in transit fees, which will play a key role in re-activate the free trade agreement between the two countries signed in 2009. According to Arab newspaper
Economists and transmits the remarks of the Prime Minister Dr. Abdullah that the two eagles they could deepen the economic relations in the sectors of energy, information technology and financial sectors.
The construction sector is one of the vital sectors in the areas of bilateral cooperation that reflects Jordan's exports of building materials to Iraq, which accounts for 18 percent of exports during the bill in 2012 Kalkwabl metal and pipes and tubes, plates and wires.
The report finds that he may face challenges Contractors Jordanians in the service of the Iraqi market, such as the uncertain security environment and competition from large companies and better funded, but the Jordanian Contractors have some advantages as well, such as geographical proximity, cultural ties and strong diplomatic relations.
The report warns that the maritime transport sector in Jordan has also likely to see an increase in traffic due to the growth in the Iraqi economy. Femiina Aqaba as a transit center for goods destined for Iraq and could ease congestion at the port of Umm Qasr in Iraq.
Source: Mubasher - AR
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July 15, 2013 12:07
Oxford Business Group reported the world's leading sunset, that Jordan has succeeded in building close ties with the Iraqi side to reach commercial exchanges between the two sides to 861 million dinars ($ 1.2 billion) in 2012. The group compared these data with those issued in 2008, where trade exchanges recorded 626 million dinars ($ 885 million in 2008) expected further rise in the current year.
The group's report revealed that the Jordanian exports controls 83 percent of these commercial exchanges as positive first quarter results. Investors are still wary of security concerns in Iraq, however, the reconstruction process is moving along with the booming oil sector, helping to expand the role of Jordan as a major source of goods and services to Iraq.
Iraq now produces 3.4 million barrels of oil a day, what his family to regain second place on the list of producers of "OPEC". The Group believes that the pipeline between the two countries along the 1,700 kilometer will generate revenue for the Warden of $ 3 billion in transit fees, which will play a key role in re-activate the free trade agreement between the two countries signed in 2009. According to Arab newspaper
Economists and transmits the remarks of the Prime Minister Dr. Abdullah that the two eagles they could deepen the economic relations in the sectors of energy, information technology and financial sectors.
The construction sector is one of the vital sectors in the areas of bilateral cooperation that reflects Jordan's exports of building materials to Iraq, which accounts for 18 percent of exports during the bill in 2012 Kalkwabl metal and pipes and tubes, plates and wires.
The report finds that he may face challenges Contractors Jordanians in the service of the Iraqi market, such as the uncertain security environment and competition from large companies and better funded, but the Jordanian Contractors have some advantages as well, such as geographical proximity, cultural ties and strong diplomatic relations.
The report warns that the maritime transport sector in Jordan has also likely to see an increase in traffic due to the growth in the Iraqi economy. Femiina Aqaba as a transit center for goods destined for Iraq and could ease congestion at the port of Umm Qasr in Iraq.
Source: Mubasher - AR
Add a comment | 0 commentS
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