Jordan and Iraq discuss joint industry chamber and trade enhancements

(File photo: Mohammad Abdallah/ Jordan News)
AMMAN — Head of Jordan Chamber of Industry (JCI), Fathi Jaghbir, discussed with the President of the Iraqi Federation of Industries (IFI), Adil Okab, the establishment of a joint industry chamber. The aim is to contribute to the production of sectoral committees, conduct a joint study to develop the industry, and achieve integration between the two countries. They also assessed existing projects to promote mutual industrial integration.اضافة اعلان

The meeting took place during the Prime Minister's recent visit to Iraq. One of the main topics discussed was the simplification of the process for dealing with certificates of origin issued by JCI and IFI. They proposed a direct and faster trade route by eliminating the need for authentication by embassies or foreign affairs ministries, the Jordan News Agency, Petra reported.

This would allow for locally testing exported materials without the involvement of a third party. The same approach would apply to goods imported by both countries. Given that more than 65 percent of the projects in their Economic Estate are related to industries, close cooperation at all stages was emphasized by both sides.

Jaghbir stated that these talks marked an important step towards achieving Jordanian-Iraqi industrial integration, opening the way for stronger joint trade and economic opportunities. The ability to establish a joint industry chamber and conduct collaborative studies for industrial development was deemed essential to enhance cooperation between the two nations.

Meanwhile, Okab expressed that the meeting with the Jordanian industrial delegation was a crucial turning point in strengthening joint industrial cooperation. He stressed the partnership with Jordan, particularly in streamlining commercial procedures, primarily focusing on the direct authentication of certificates of origin issued by both sides. Furthermore, Okab emphasized the need for bolstering economic ties by providing support to their respective industrial sectors.

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