IBC’s Vice President & Secretary-General Meets with the President of Egyptian Chemicals Export Council On Sunday June 2nd 2024 at IBC Offices

On the sidelines of the activities of the trade mission of the Egyptian Chemicals Export Council in Jordan, the Vice President and Secretary-General of the Iraqi Business Council, Dr. Saad Naji, met on Sunday June 2nd 2024 at IBC offices with Engineer Khalid Abu Al-Makarem, President of the Egyptian Chemicals Export Council and Head of the visiting trade mission.

During the meeting, means of cooperation between the Iraqi Business Council and the Egyptian Chemicals Export Council were discussed.  Dr. Saad Naji reviewed the investment environment and economic situation in Iraq and the major role of the Iraqi private sector in developing the infrastructure in several important sectors including the housing projects and energy sector in Iraq.  For his part, Engineer Khalid Abu Al-Makarem expressed interest of the companies of the Egyptian Chemicals Export Council to enter the Iraqi market and establishment of trade relations with the companies of the Iraqi Business Council.  The two sides discussed issues relating to the Investment Law in Iraq, along with incentives, exemptions and income tax.

At the end of the meeting, it was agreed to enhance the trade cooperation opportunities between the two sides and networking companies of both sides.  Also, Engineer Abu Al-Makarem renewed his call for IBC companies to participate in the bilateral meetings with the Egyptian Chemicals Export Council, which will continue to take place until Wednesday June 5th 2024 at the Intercontinental Hotel – Amman.

The meeting was attended by IBC Director General Mrs. Abeer Al-Naib, the Egyptian Commercial Attaché, Mrs. Mona Abboud, and the CEO of the Egyptian Chemicals Export Council, Engineer Muhammad Majeed.