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May 19 2022 12:21 PM ˚
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Jordan, Egypt, Iraq industrial integration Memorandum of Understanding concludes

ministry of industry
(Photo: Jordan News)
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AMMAN — The Ministerial Economic Development Committee chaired by Minister of Planning and International Cooperation Nasser Shraideh discussed in a meeting on Sunday the results of the visit of the Minister of Industry, Trade, and Supply, Yousef Shamali to Baghdad last week, which concluded the procedures of signing the Memorandum of Understanding for industrial integration in the framework of trilateral cooperation between Jordan, Egypt, and Iraq, according to Al-Mamlaka TV.اضافة اعلان

Shamali’s visit marked the opening of the first Jordanian Industries Fair. It also concluded the procedures needed by the Iraqi side to sign the Memorandum of Understanding which was signed by the Jordanian and Egyptian sides during the visit of HRH Crown Prince Al Hussein bin Abdullah II to Egypt in November.

Shamali added that during his meeting with Iraqi Minister of Industry Minerals Manhal Al-Khabbaz, an update was given on the progress of work on the establishment of the joint Jordanian-Iraqi economic city and the steps taken by the consulting firm designated by the USAID to prepare a preliminary economic feasibility study for the joint economic city.

The meeting stressed the importance of providing the company with the information and data required by both sides in order to expedite the completion of the study as soon as possible, informing the Iraqi side of the introduction of one-year multi-trip visas for Iraqi investors and industrialists to promote trade between the two countries, and supporting the Iraqi proposal to establish a meeting of Arab Ministers of Industry within the framework of the Arab League.

According to Shamali, the importance of networking between Jordanian and Iraqi companies and businesses to build a complementary partnership among them in various economic sectors was also emphasized in the meeting.

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