A delegation of IBC members represented by IBC Vice Chairman & Secretary-General, Dr. Saad Naji, and IBC Board member Engineer Mekki Al-Faiz participated on Sunday January 18^th 2026 at the Grand Hayat Amman in the discussion session held by the European Bank for Reconstruction & Development (EBRD) on the mechanism for the Jordanian companies entering the Iraqi market, with the presence of IBC CEO.

During the session, Dr. Naji reviewed the key work requirements in Iraq, stressing the need to understand the legal and investment frameworks, adhere to the applicable rules and regulations and build effective partnerships with the private and public sectors.  Dr. Naji also stressed the need for collaborating with reputable legal consultancy firms, clarifying that the mechanism for entering the Iraqi market can be realized through proper registration of the company or maintaining a partnership with an Iraqi partner.  He noted the significant progress in streamlining procedures, improving the investment environment and providing support for serious projects, emphasising growth of the private sector in Iraq and the importance of building partnerships with the private sector.  In the same context, Dr. Naji announced the “Trade Agencies & Franchise Exhibition 2026” scheduled to be held on April 14^th and 15^th 2026, highlighting the availability of genuine opportunities to obtain Trade Agencies for foreign companies seeking to enter the Iraqi market through communicating with the Iraqi Business Council.

For his part, Engineer Mekki Al-Faiz affirmed that successful Jordanian companies “are guaranteed to succeed in Iraq” due to the size of the Iraqi market and its need for expertise and investments from various sectors, particularly the reconstruction, industry, energy, agriculture and services sectors.  He also noted the stability of the security situation, the integrity, fairness and justice of the Iraqi judiciary.  He explained that the Investment Law provides encouraging incentives including facilities, exemptions and government support, which enhance the investors confidence.  He concluded by emphasising the importance of partnership principle to achieve common interests and strengthening the Jordanian – Iraqi economic integrity.