IBC Delegation Meets with The New Jordanian Ministerial Economic Team To Enhance Economic Cooperation

Chairman of the Iraqi Business Council, Dr. Majid Saedi, IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, IBC Board member, Engineer Mekki Al-Faiz, and IBC members; Mr. Ahmed Al-Amili, Mr. Aqeel Hadi, Ms. Nisreen Al-Otaibi and IBC CEO, Mrs. Abeer Al-Naib met on Wednesday October 2nd, 2024, with the new Ministerial Economic team at the Jordanian Prime Ministry.

The Jordanian Ministerial delegation was headed by His Excellency the state minister for Economic Affairs, Mr. Muhannad Shehadeh, His Excellency the Minister of Investment, Mr. Muthanna Al-Gharaibeh, and Her Excellency the Minister of Transport, Engineer Wissam Al-Tahtemouni.

The two sides discussed means to enhance economic cooperation, facilitate the business of Iraqi investors in Jordan, as well as find solutions to the challenges of trade exchange, sustainability of investment projects, propose the establishment of Investment Guarantee Funds and expand the electricity network between Iraq and Jordan.  Also, the two sides stressed the importance of organizing periodic conferences and meetings between the private sectors in both countries.  The participants also stressed the need for stable legislations and instructions regulating investment to ensure a stable and attractive investment environment.