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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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    Iraq agrees in principle to establish a joint economic zone with Saudi Arabia

    Rocky
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    Iraq agrees in principle to establish a joint economic zone with Saudi Arabia Empty Iraq agrees in principle to establish a joint economic zone with Saudi Arabia

    Post by Rocky Thu 23 Nov 2023, 4:18 am

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    [size=52]Iraq agrees in principle to establish a joint economic zone with Saudi Arabia[/size]

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    11-22-2023
    The Ministry of Industry and Minerals announced, on Wednesday, its initial approval to establish a joint economic zone with Saudi Arabia on the common border between the two countries.[/size]
    [size=45]The Ministry of Industry stated in a statement today that its Minister, Khaled Battal Al-Najm, chaired the first meeting of the committee to study the establishment of an Iraqi-Saudi border economic zone, which was formed under his chairmanship and with the membership of the undersecretaries of the Ministries of Planning, Oil, and Trade, and in the presence of the Director General of the Industrial Cities Authority.[/size]
    [size=45]He added that the meeting discussed the context of performing the tasks of the committee and making decisions related to establishing this city similar to the joint economic city between Iraq and Jordan, and deliberating on the feasibility achieved from establishing this project and how to organize, manage and supervise such cities, overcome obstacles and provide appropriate conditions.[/size]
    [size=45]The statement continued that the committee agreed in principle to establish the economic zone on the Iraqi-Saudi border for the gains and advantages that will accrue from it from the economic and other aspects, as it will be an important port between the two countries and a development zone that includes free zones and commercial exchange and contains banks and headquarters of many joint companies.[/size]
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