Meeting the African Ambassador
The Ambassador of South Africa Republic to Jordan and Iraq Mr. John Davis and the Embassy’s Commercial and Political Advisor Mr. Shaun Watson met on Sunday March 3rd 2015 at IBC Headquarters with IBC Chairman Dr. Majid Sadi, IBC Vice Chairman and Secretary General Mr. Saad Naji and IBC Board members; Mr. Mekki Al-Faiz, Mr. Fakhri Reshan, Mr. Turkey Al-Qaissi’s representative, and IBC members; Mr. Usama Al-Shimmeri, Mrs. Tamara Daghistani and IBC CEO.
At the beginning of the meeting, IBC Chairman welcomed the South African Ambassador and the Commercial and Political Advisor providing a brief presentation on the investment environment in Iraq and the key reconstruction sectors.
He also reviewed IBC activities, the volume of Iraqi investment in Jordan and the key specializations of IBC members-owned companies.
Dr. Sadi proposed organization of mutual trade visits between IBC members and their South African counterparts, as well as organizing a specialized fair in Basra / Iraq and Amman / Jordan to exhibit South African products and increase the volume of trade exchange.
On his part, the South African Ambassador stressed the important role of IBC in facilitating and promoting the trade relationships and his keenness on expanding relationships with IBC members-owned companies.
Also, he welcomed the suggestions proposed by Dr. Saedi and expressed his readiness to render facilities to Iraqi investors such as issuance of entry visas to the Republic of South Africa for IBC members
Iraqi Business Council
It is worth mentioning that the idea of establishing the Iraqi Business Council was launched based on the common desire that was generated by a number of elites, who are Iraqi investors and businessmen present in the Hashemite Kingdom of Jordan, where they agreed on the importance of forming an economic reference for them, as well as for those who wish to join them, in a way that contributes to combining and unifying their efforts, in order to maximize Iraqi investment in Jordan, as well as effective contribution to construction and reconstruction in Iraq.
The idea of establishing the Iraqi Business Council found a good response, and was blessed by the government of the Hashemite Kingdom of Jordan, so the approval of the competent Jordanian authorities was obtained, thankfully.
The task of establishing it was undertaken by an elite group of Iraqi businessmen known for their efficiency and competence. Since the launch of the council in late 2006, the members have worked to make efforts that support Iraqi investments in Jordan. As well as coordination and cooperation with official bodies, in order to find solutions and proposals to overcome the obstacles and impediments facing investors