Jordanian-Iraqi Finance, Business Forum to kick off in Amman Tuesday

Jordanian-Iraqi Finance, Business Forum to kick off in Amman Tuesday
(Photo: Jordan News Agency, Petra)
AMMAN — The Jordanian-Iraqi Finance and Business Forum, organized by the Iraqi Business Council, is set to commence on Tuesday under the theme "Building Bridges of Shared Prosperity". اضافة اعلان

This pivotal economic platform aims to advance trade, industrial, and investment relations between Jordan and Iraq, aligning with the interests of both nations, the Jordan News Agency, Petra, reported.

Exploring investment opportunities and enhancing cooperation
During the two-day forum, participants will engage in focused dialogue sessions to explore investment opportunities within the financial and banking sector.

Additionally, they will discuss regulations and guidelines governing investments in Iraq and Jordan while delving into prospects in the industrial sector, energy, mining, real estate development projects, transportation, services, communications, and information technology.

Aligned with the visionary goals of His Majesty King Abdullah and the Iraqi leadership, the forum seeks to foster economic integration between the two countries. By expanding the horizons of mutual cooperation, particularly in the domains of investment, trade, and industry, it aims to achieve shared development for both nations.

The forum will bring together a select group of distinguished businessmen, investors, and governmental and parliamentary figures from Jordan and Iraq. In addition, local and international companies, private sector institutions, UN organizations, and international bodies will be in attendance.

Core objectives and bilateral meetings
The chairman of the forum's preparatory committee, Saad Naji, emphasized the core objectives of the event.

These include enhancing investment across various sectors, facilitating trade exchanges between Jordan and Iraq, establishing collaborative partnerships, and engaging in comprehensive discussions on the challenges hindering economic development between the two nations.

The forum will also feature bilateral meetings and a company exhibition on the sidelines.

These platforms will provide a specialized audience with the opportunity to showcase products, services, and notable advancements. The initiative aims to forge new distribution channels that contribute to increased trade exchanges and the expansion of mutual goods between Jordan and Iraq.

Promoting investment opportunities and employment
Established in Amman in 2006, the Iraqi Business Council serves as a crucial platform for business professionals to exchange opinions, ideas, and trade-related information. It plays a key role in promoting investment opportunities available in Jordan and Iraq while facilitating employment opportunities through commercial and social missions.

According to the latest foreign trade statistics released by the Department of Statistics, the value of trade exchange between Jordan and Iraq witnessed a notable increase of 23 percent during the first quarter of this year, amounting to JD158 million.

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