Parliamentary Committee discusses Iraqi investment challenges

Head of the Parliamentary Economic and Investment Committee Khair Abu Saalik.(Photo: Facebook)
AMMAN— Head of the Parliamentary Economic and Investment Committee Khair Abu Saalik, said in a meeting on Sunday that Jordan is heading forward in enhancing the investment environment despite the challenges and economic circumstances the region had suffered from, and discussed challenges facing Iraqi investors in Jordan, according to Ammon News. اضافة اعلان

The meeting included members of the Iraqi Business Council in Amman, Minister of Labor Nayef Istitieh, and Minister of Digital Economy and Entrepreneurship Ahmad Hanandeh.

“We are keen to sustain and attract more of the Iraqi investments in Jordan,” said Abu Saailik. He added that relations between the two countries are distinct and of great interest to the leaders of both countries.

Abu Saailik said that this attention “prompts us to make further efforts to consolidate common economic integration,” as well as address the challenges and obstacles that hinder development, economic growth, and the improvement of the investment environment. 

He added that Iraqi investment has contributed to strengthening and building the national economy. 

For his side, vice-chairman of the Iraqi Business Council Saad Naji, stated that he submitted several suggestions regarding the improvement of the investment environment for Iraqi investors, adding that Jordan is considered one of the most attractive countries to invest in for Iraqi citizens. 

Naji noted that there are some difficulties facing investors including the new requirements for obtaining temporary passports, as well as companies in transit trade, taxation, high manufacturing costs, and the competition for imported products, to name some.

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