Minister of Industry, Trade and Supply, Yousef Shamali, met Wednesday with Iraqi Ministers of Planning, Industry, Minerals and Trade on mechanisms to enhance bilateral cooperation between the two countries in economic and trade fields.
The ministers also discussed following up on the implementation of outcomes of the trilateral summit that brought together Jordan, Iraq and Egypt’s leaders in a manner that contributes to achieving economic integration in many fields, especially industrial spheres.
Procedures for signing the memorandum of understanding to enhance cooperation in the trilateral industrial integration between Jordan, Egypt and Iraq, which was signed during HRH Prince Al Hussein bin Abdullah II, the Crown Prince’s recent visit to Egypt have also been completed.
Shamali stressed Jordan’s keenness to elevate the level of economic cooperation with Iraq in various fields, and work as quickly as possible to implement joint strategic projects, especially in the fields of energy, trade and industry, and the establishment of the Economic City project, which is currently under the process of preparing the necessary preliminary studies, after the two sides have completed procedures for allocating the project’s land.
He said that the work between the two countries must not stop at removing obstacles facing intra-trade and establishing some projects, but rather it should go beyond them to stimulate the Jordanian and Iraqi private sectors to establish effective economic partnerships that serve the interests of the two countries and work to maximize the benefit from the available opportunities based on outcomes of the trilateral summit that constitute a driver for building advanced economic relations at the bilateral level, between Jordan and Iraq, and at the trilateral level, with the participation of Egypt as well.
Shamali emphasized the importance of holding the Jordanian Industries Exhibition in Baghdad, which confirms the keenness of the two countries to elevate the level of mutual economic cooperation, noting that 95 Jordanian industrial companies of various specializations participated in the exhibition, and that 25% of the exhibition’s pavilions were allocated for direct sales and 75% were for showcasing products.
Source: Jordan News Agency