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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Jordan and Iraq plan to establish a joint industrial zone

    Rocky
    Rocky
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    Jordan and Iraq plan to establish a joint industrial zone Empty Jordan and Iraq plan to establish a joint industrial zone

    Post by Rocky Tue 12 Sep 2017, 2:19 am

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    Jordan and Iraq plan to establish a joint industrial zone


     Baghdad / Range 

    Jordan and Iraq on Sunday agreed on a number of mechanisms to enhance bilateral cooperation in various economic fields, especially trade, investment and industry, and to maximize the benefits of bilateral agreements and opportunities in both countries, according to a statement by the Jordanian Ministry of Industry and Trade. 
    The two sides, during bilateral meetings held in Amman under the chairmanship of Jordan's Minister of Industry and Trade Jarob al-Qudah and Iraqi Minister of Industry and Minerals Mohammad Shiaa al-Sudani, stressed the importance of joint efforts to increase bilateral trade, especially after reopening the closed Tripoli crossing since July 2015. Private Jordanian and Iraqi to establish joint investment projects. The two sides agreed to form a Joint Jordanian-Iraqi Trade Committee for the purpose of following up the implementation of the provisions of the Free Trade Agreement signed between them, which entered into force on 15 March 2013.
    The two sides also agreed on the speedy completion of the Jordanian goods lists, which will be exempted from Iraqi customs duties imposed on Iraqi imports and by 30 percent. The two sides also reached an agreement to establish a joint Jordanian-Iraqi industrial zone on the border between the two countries. 
    The judges said that Jordan sees Iraq not as a market but as a strategic partner in all fields. He pointed out that the reopening of land borders will give a strong impetus to increase the volume of trade exchange and stimulate the private sector in both countries to establish joint investment projects and benefit from the available opportunities. 
    For his part, the Iraqi minister said that his country shares with Jordan the importance of developing economic relations, by increasing the volume of trade exchange after the opening of the Trebil crossing, as well as work on the establishment of various investment projects.
    He added that «the relations between the two countries are proceeding at a steady pace, as evidenced by the ongoing meetings between the two sides to follow up on what has been agreed upon». He said that Jordanian and Iraqi businessmen will be encouraged to set up joint projects, which will facilitate the entry of Jordanian businessmen to his country. He said that Iraq has an important economic maturity, and there are pressing challenges facing the Iraqi state, including the high unemployment rates, poverty and inflation that prevailed throughout the governorates especially the liberated, in addition to the presence of 3.5 million displaced people in need of all services 
    and that the committee formed by order of the Iraqi Council of Ministers to study the possibility of excluding goods The Jordanian Customs will continue its work during the current week to identify Iraqi products and their imported counterparts, or that Iraq needs and does not cover the needs of markets, pointing out that the recommendations of the Committee will be submitted to the Council to take appropriate decision on the goods to be exempted من of customs duties.

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