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Saturday, May 18, 2024

Jordanian and Iraqi Ministers Open Economic Forum to Boost Financial, Industrial Ties; Discuss Investment Opportunities, Regional Integration, and Mining Sector

Jordanian and Iraqi Ministers Open Economic Forum to Boost Financial, Industrial Ties; Discuss Investment Opportunities, Regional Integration, and Mining Sector

The Jordanian Minister of Investment, Kholoud Saqqaf, inaugurated the Economic Forum for financial, industrial, and commercial partnerships between Iraq and Jordan on Sunday.
The forum, organized by the Iraqi Business Council in collaboration with the Jordan and Amman chambers of industry, aims to enhance economic relations between the two countries.

Held at the King Hussein Convention Center on the Dead Sea, the forum is the largest regional gathering for promoting economic cooperation between Jordan and Iraq.

Over two days, the event will facilitate economic connectivity and encourage sectoral collaboration to foster regional integration.

A high-level discussion is taking place between Jordanian and Iraqi officials, business leaders, investors, and representatives from Arab and foreign companies.

The focus of the talks is on investment opportunities in both countries, with a spotlight on commercial and industrial ventures, economic modernization initiatives, and opportunities in Jordan's free and development zones.

The banking sector's role in providing financial support will be discussed, along with success stories from investment companies in Jordan and Iraq.

A specialized session will be dedicated to exploring investment prospects in various economic sectors, with a special emphasis on mining and industry.

Key figures attending include Kamel Dulaimi, the Iraqi president's chief of staff, and ministers from both countries.

The text discusses the investment opportunities in Jordan, as presented at an event, which align with the country's Economic Modernization Vision.

The Iraqi Minister of Industry and Mineral Resources, Khaled Battal Al-Najm, spoke about Iraq's industrial strategy and plans for a joint economic zone with Jordan.

He also mentioned efforts to address unemployment and attract foreign investment, particularly in mining.

The significance of a recent visit by Iraqi President Abdul Latif Rashid to Jordan was emphasized, with a focus on strengthening ties and improving economic systems to facilitate investment projects.
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