National exports to Iraq rise by 32%

iraq jordan
(File photo: Jordan News)
AMMAN — National exports to Iraq increased during the first five months of this year by 32 percent compared to the same period last year, due to bilateral agreements signed between the two countries and visits by delegations from the Jordanians industrial sector to Iraq, according to experts in the sector, Al-Ghad News reported.اضافة اعلان

The latest external trade figures issued by the Department of Statistics show that the value of national exports to Iraq rose during the first five months of this year by JD46 million to reach JD188 million, compared to JD142 million for the same period of last year.

During the past five months, national exports included food products, chemical, engineering, and electrical industries along with plastics, paper, cardboard, and medicines.

President of the Amman Chamber of Industry, Fathi Al-Jaghbir said that “the rise in national exports to Iraq during the first five months is due to a number of reasons, foremost of which is the bilateral agreements signed between the two countries, which greatly contributed to paving the way for national products to enter the Iraqi market.

Jordan and Iraq signed a number of agreements and memorandums of understanding at the beginning of last year, including the agreement on excluding the products of the two countries from any import registration system and speeding up the completion of the executive steps for establishing the joint economic city, in addition to proceeding with the implementation of the double-circuit electric transmission line that connects the Al-Risha power station with the Al-Qaim transfer station and re-examination of the procedures at Trebil port (Al-Karama) to facilitate trade.

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