Jordanian delegation to visit Baghdad soon to discuss economic files

[ltr]Jordanian delegation to visit Baghdad soon to discuss economic files[/ltr]

3/15/2017 0:00

Oman / morning / Hazem ovaries
Jordan is waiting with hope, declare that Baghdad list of Jordanian goods to be exempted from customs duties, imposed by Iraq late last year, a customs duty of 30 percent on goods coming into Iraq from countries of the world, in the context of the commitment with the International Monetary Fund, as well as to protect national industry.
"Al-Sabah" It is due to a Jordanian delegation to visit Iraq within days, led by Minister of Industry, Trade and Supply expresses judges, to discuss several head of files, most importantly, identifying the Jordanian-exempt goods from customs, and the project pipeline, and developments open Trebil border crossing, and the obstacles facing investors Iraqis in
Jordan.
The Jordanian government has provided to the Iraqi authorities, through the technical meetings held in Amman last month, a list of more than 90 percent of Jordanian goods exports to the Iraqi market to be exempted from the
Fees.
The Iraqi government allowed the entry of Jordanian goods that agree to exempt from customs duties from Safwan port, until the opening of the Trebil border crossing, and canceled an earlier decision required in the Jordanian goods that are exempted from customs duties and enter through exclusively Trebil.
And it is manufactured in Jordan, with the application of the decision by subjecting imported goods tariffs continued, until the end of the work of the committee formed to study the exemption of some of those
Fees.
It will be during the scheduled meeting in Baghdad access to the latest developments in open border crossing overland between the two countries, "Trebil," and discussed the establishment of a joint venture industrial zone in the event of crystallization date of opening the crossing, where the show Jordanian authorities willingness to provide technical and logistical support for the customs border by Iraq, It is fully ready in all respects.
Despite the closure, "Trebil," the Jordanian exports to Iraq did not stop, which is carried by road passing through Saudi Arabia and Kuwait, all the way to Iraq, or through the sea route through the port of Aqaba, to the port of Umm Qasr through the port of Jebel Ali in Dubai.
Thread strategic most important, it is a project of the oil pipeline between the two countries, where it was part of an agreement between them signed early in 2013, to build a pipeline to transport Iraqi crude oil from Basra to the export ports in the port of Aqaba, the construction of a gas pipeline large Bmoisath, followed by the establishment of an Iraqi Chinese coalition interested implementation of the project was to change the tube itinerary runs along Saudi Arabia Jordan's eastern border, rather than directly to the Iraqi-Jordanian border, and is revised route safer both in the Iraqi part or the part of investment to Aqaba, and the Iraqi government approved in late 2015 on a new route for the pipeline.
As for the problems facing Iraqi investors residing in the Kingdom, the Jordanian government delegation comprising various government institutions concerned to listen to the problems they face as well as representatives from the private sector.
Department of Statistics data show that the export value of last year, the Iraqi market fell by 32.4 percent to 333 million instead of 493 million dinars, compared to the same period of 2015. And it came to 900 million dinars during 2014 and continued to decline until today.

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