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Economy News _ Baghdad
The number of Jordanian industrial companies that will participate in the 47th Baghdad International Fair at the beginning of next November has reached 25 companies operating in various industrial sectors today, Sunday, according to the latest data from the Jordanian Projects and Exports Development Company, “Export House.”
Registration to participate in this exhibition, which will be held early next November, is still open to interested companies.
The Export House Company stated that the Jordanian participation in the exhibition, which lasts for 10 days, works in various industrial sectors, the most important of which are food, chemical, construction, plastic, in addition to packaging.
The company, which is organizing for the first time Jordanian participation in the exhibition, explained that the Jordanian pavilion will be held on an area of up to 350 square meters.
The Baghdad International Fair is a government land affiliated with the Ministry of Commerce, specialized in organizing exhibitions, conferences, and holding international events and festivals. It is held annually on the grounds of the Baghdad International Fair, while specialized exhibitions are held, organized by private sector companies affiliated with the Baghdad Fair, with the sponsorship and support of the Iraqi government, and many countries display their products and services on its grounds.
It is noteworthy that the Jordanian government, represented by the Ministry of Industry, Trade and Supply, registered in 2019 a company under the name “Jordanian Enterprise and Export Development House,” “Export House,” in partnership with the private sector with a capital of 899 thousand Jordanian dinars. The private sector contribution represents 51%, while the government contribution represents 49%.
She pointed out the importance of participating in the exhibition to maintain the presence of Jordanian products within the Iraqi market and open new marketing outlets for them, in addition to introducing visitors to the exhibition from participating countries to the high quality that the national industry has achieved.
Jordanian national exports to Iraq increased during the first half of this year, recording an increase of 7% compared to the same period last year.
National exports to Iraq represented 6% of total national exports during the first half of this year, which amounted to 4.198 billion dinars.
At the level of the Arab trade area, Iraq represented 18% of the Kingdom’s total exports within the list of the Greater Arab Free Trade Area countries, which amounted to 1.460 billion dinars.
According to data issued by the Jordan Chamber of Industry, Jordan exports more than 300 national products to Iraq. Including soap products, detergents, fertilizers, electrical wires and connectors, medicines and antibiotics, clothing, and food industries.
In previous statements by its president, Fathi Al-Jaghbir, the Chamber expected that the volume of trade exchange would exceed the barrier of two billion dollars during the coming period, given the industry’s possession of
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