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Iraq,egypt,jordan free trade zone


willie
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Egypt and Jordan to establish a free trade zone between the two countries, to be joined by Iraq at a later stage, to become a free trade zone three in order to facilitate access for goods and Egyptian goods to the Iraqi market, especially since Iraq is of great importance to Jordan and Egypt.

Said Rachid Mohamed Rachid and Minister of Trade and Industry, told him the seventh day today in the Egyptian ", said he discussed with the Prime Minister of Jordan Create a storage area for items of the Egyptian border, the Jordanian-Iraqi, to move overland to Iraq and some Gulf states, which increases the efficiency of transport terms of access speed and reduce cost.

As pointed out during his visit to Jordan, which runs over 3 days to discuss trade between the two countries, it had been agreed to form a working Egyptian - Jordanian includes representatives from the ministries of trade and industry, transport and finance, in addition to a group of businessmen from both countries to participate in the conceptualization procedures for implementing a free trade zone three

Rashid said that his talks with Minister of Trade and Industry Jordanian discussed ways to accelerate the implementation of the customs union between the two countries, as well as liberalization of trade in services, which provides greater opportunities to increase bilateral trade and joint investments between the two countries, and the exploitation of a cumulation of origin in establishing joint ventures and export their products to the EU countries to take advantage the participation of both Egypt and Jordan in the agreements of Agadir and the European Partnership - Mediterranean, pointing out that he was agreed to exchange experiences and cooperation in the development of specialized industrial zones.

As Rashid said that he agreed with the Jordanian Minister of Transport to form a working joint Egyptian-Jordanian be responsible explore the creation of an integrated transportation system between the two countries, serve the Arab region and contribute to make the most of the Agadir Agreement, and the number of transport projects required to service the expected expansion in trade volume interfaces in the coming period and put it in partnership between the private sector and government, with the commitment of both Governments to pump the necessary financial resources for the success of new infrastructure and encourage investors to participate in the investment in these projects, noting that it was agreed to begin immediate preparation of feasibility studies Detailed Balmusharat previous .

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