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Oman describes Iraq as the "lung of the Jordanian economy" and calls on its deputies to facilitate trade procedures

 

The Board of Directors of the Amman Chamber of Commerce, Friday, April 5, 2019, called on the Iraqi parliamentarians to work to overcome obstacles hindering the development of Jordan and Iraq trade exchanges, especially in relation to transport operations and obtaining visas, stressing the readiness of the Chamber to harness its potentials to serve the economies of both countries.

During the meeting, the Iraqi parliamentary delegation to the Jordanian-Iraqi Parliamentary Forum stressed that Iraq is considered the "lung of the Jordanian economy," which requires building a strategic partnership based on common interests and exploiting the recent economic agreements between the two countries.

The Council called for the need for trade agreements to be reflected on the two peoples and to establish a common economic integration that would be the nucleus of Arab economic integration.

The Council expressed its readiness to open an Iraqi commercial office at the Chamber's headquarters to provide Iraqi investors and importers with various developments related to trade and services, to identify the advantages and opportunities of investment in Jordan and to follow up issues that exporters may face in the Iraqi market.

The Council confirmed its readiness to harness the technical expertise of the Chamber to serve Iraqi investors, train Iraqi administrative staff free of charge in its training and development academy, and establish a permanent exhibition for Iraqi products.

President of the Chamber Khalil Al-Haj Tawfiq said that the Amman Chamber of Commerce, which includes 50,000 members, puts all its administrative and technical expertise to support the Iraqi economy and enhance trade exchange between the two countries. He stressed the need to provide a database of Iraqi businessmen, goods and products to facilitate cooperation.

Tawfiq pointed to the depth of historical relations and the directives of King Abdullah II to open up to Iraq, pointing to the role played by the private sector in this regard through intensifying the exchange of visits of delegations and networking between chambers of commerce and industry to serve the interests of both countries.

Tawfiq stressed the need to accelerate the flow of goods, the establishment of the joint industrial zone, extending the pipeline from Basra to Aqaba and the participation of Jordanian companies operating in the commercial and service sectors in the reconstruction and reconstruction in Iraq.

He stressed that the Kingdom has great potentials and expertise in many service sectors that can benefit Iraq, especially information technology, real estate, agriculture, health and others. He pointed out that the Jordanian industries' entry into the Iraqi market is a national interest.

Chairman of the Committee on Economy and Investment in the Iraqi Council of Representatives, head of delegation, Hassan Kanani confirmed the existence of sincere intentions of the two countries to develop relations, especially in their economic aspects, which requires the private sector to do so.

He added that "Iraq is coming to the process of building and reconstruction of what was destroyed by terrorist groups in various provinces, and it needs the efforts of Jordan in this regard."

He stressed that the Committee on Economy and Investment of the Iraqi parliament is present to facilitate all the needs of the Jordanian private sector to strengthen economic integration between the two countries, pointing out that there is a real opportunity for the Jordanian trader and investor to enter the Iraqi market as there are many investors and prominent Iraqi businessmen in Jordan.

The head of the Jordanian parliament's economic and investment committee, Khair Abu Sailek, said that Jordan is concerned with controlling any violations and practices related to products and goods entering the Iraqi market.

He added that "there is a national interest that these goods be a purely Jordanian industry." He revealed the formation of teams from the Ministry of Industry and Trade to monitor the added value of the industrialists, which was set by the Income Tax Law by 30 percent for the purpose of benefiting from the incentives.

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Jordan confirms decline in exports to Iraq during the first quarter of 2019

 

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http://economy-news.net/content.php?id=16121

Economy News _ Baghdad

Jordan's exports to Iraq during the first quarter of this year dropped by 10 percent to 107 million dinars in the first quarter of 2019, official figures and statistics showed.
The Jordanian writer Khaled al-Zubaidi said in an article published by the Jordanian newspaper Al-Dustour that the decline was shocking despite the opening of the Jordanian-Iraqi crossing (Karama-Trebil) and allowing the transit of trucks between the two countries after securing the international land line and uprooting the terrorists from Iraq and Syria. Nearly four years of suffering. The drop in exports to Syria has many reasons for broader research.
He added that Jordanian meetings and mutual visits by the leaders of the two countries in Amman and Baghdad are supposed to have eliminated the obstacles to the flow of trade between the two countries. Iraq is not today as in the past. The private sector's access to its various sectors to Iraq and major cities is needed. The Jordanian private in Iraq from industry, trade, tourism, information technology, contracting and banks, to explore every new in Iraq and approach the mechanisms of action and keys, and in this context, everyone in Iraq has achieved great success, Iraq is a large market and deep and promising Opportunities, and that the real success is supposed to focus on establishing partnerships between Iraqi Jordanian private sector.
He pointed out that the exporters to Iraq have to restore the economic landscape and the needs of the markets, and not pay much attention to the mechanisms of dealing with Iraq through the annual commercial protocols, the world from the East to the West looking to exist in the Iraqi market according to new standards in the forefront of competition on the one hand and On the other hand, the priority of competition, quality and marketing programs required to convince consumers of products on the market.
Al-Zubaidi said that the large and medium-sized projects have different formulas, foremost among them is the partnership between the Iraqi investors and / or the government sector with its Jordanian counterpart, especially for infrastructure projects, refinery construction, oil refining, electric power and renewable energy at the forefront of solar energy. % Of the electricity generation capacity in Jordan, and this task is supposed to be completed by the private sector as soon as possible in isolation from the government or its future company.
The Jordanian writer stressed that opening the Trebil / Karama crossing to the two countries' trade should be followed by allowing Jordanians and Iraqis to enter without hindrance, thus contributing to activating the markets of the two countries and Jordanian tourism will achieve large receipts that may double from the last levels. The two countries, even if they are routine, openness is an advantage that we must invest, and this is supposed to not prejudice the security checks on passengers to maintain the desired stability in both countries.

 

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The Business Council hosts participants in the Jordanian-Iraqi Parliamentary Forum

Political | 03:56 - 06/04/2019

 
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BAGHDAD (Reuters) - 
The Iraqi Business Council in Amman and business owners in Jordan held talks with members of the Iraqi parliament at the Jordanian-Iraqi parliamentary forum on the development of their country's economy. 
The participants stressed the need to involve the Iraqi private sector in the drafting of economic laws and legislation that contribute to the transformation of the free economy and facilitate the granting of visas to Jordan. 
And called for the formation of special committees to follow up and implementation of legal legislation after its adoption, which will promote the Iraqi economy, noting that the agreements signed between the two countries a great opportunity to support the private sector. 
"The number of Iraqi businessmen and investors who have been living in Jordan since 1991 is about 30,000," said Majid al-Saadi, head of the Iraqi Business Council in Amman.
The head of the Committee on Economy and Investment Representative Khair Abu Sailek said that Jordan, under the guidance of His Majesty King Abdullah II, stands hand in hand with Iraq in the reconstruction and construction, noting that the economic agreements signed are important to promote trade exchanges between the two countries and achieve mutual benefits. 
The Chairman of the Committee on Economy and Investment in the Iraqi parliament Hassan Kanani that the Iraqi businessmen in Jordan are Iraqi ammunition needed by their country to contribute to the process of construction and reconstruction after the fall of international terrorism. 
"The committee is seeking to attract Iraqi investors to contribute to the process of construction and reconstruction," he said, calling on the Iraqi Business Council to attend its meetings in the capital Baghdad to discuss some important laws relating to the Iraqi economy.
The Iraqi Business Council in Amman was established in 2006 and is a forum for businessmen to exchange views, ideas and trade information, and to provide job opportunities through trade and social missions and to identify the existing investment opportunities in Jordan and Iraq.

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  • yota691 changed the title to Jordan declares: We and Iraq "a lung and a mirror for some of us"

Jordan declares: We and Iraq "a lung and a mirror for some of us"

Political | 04:00 - 06/04/2019

 
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BAGHDAD (Reuters) - 
Jordanian Prime Minister Omar al-Razzaz on Saturday described his country's relationship with Iraq as "a lung and a mirror for some of us," revealing plans for economic cooperation between the two countries. 
Al-Razzaz made the remarks during a meeting organized by Capital Bank and Mawazine News on the future of cooperation with Iraq under the slogan "Towards a constructive partnership for the future." He said that "the meeting with his Iraqi counterpart Dr. Adel Abdul Mahdi in the border region Between the two countries on the second of last February was a historic meeting, during which was fully agreed on the areas and opportunities for cooperation and serious research in the relations of integration between the two brotherly countries. 
He pointed out "the completion of the agreement to set a timetable for the implementation of agreements and commitments between them in the fields of opening the crossings, transport, energy, agriculture, health and reconstruction, including the joint industrial zone on the border between the two countries."

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  • yota691 changed the title to Jordan announces the date of receipt of Iraqi oil

Jordan announces the date of receipt of Iraqi oil

Jordan announces the date of receipt of Iraqi oil
 



 Twilight News    
 2 hours ago

(Reuters) - Prime Minister Omar al-Razzaz expected Jordan to begin receiving oil from Iraq by the oil tanker "very soon," under a deal reached in February last year worth 10,000 barrels of crude oil per day.

Al-Razzaz said in an interview with the Bloomberg agency at the end of the World Economic Forum that the planned oil pipeline from Basra in Iraq to Aqaba in Jordan "will come to light" within three years, without further details.

It is noteworthy that the agreement between Amman and Baghdad was based on the grant of Jordan oil at reduced prices compared to world market prices.

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  • yota691 changed the title to Political: Iraq's regional and international moves will restore political and economic strength
15-04-2019 09:40 AM
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Baghdad / News

Iraq's regional and international moves will have a major impact on its economy and sovereignty and will be an important step and a qualitative shift in Iraq's foreign policy with neighboring countries or with the United States of America. Innocent people.

"Iraq should continue its development program quickly to rid its people of the status it is in by strengthening the ties of economic relations with neighboring countries and America," he said, noting that "Iraq's recent moves, both at the regional and international level, a big step Towards his return to his position and political and economic power. "

"There are provinces considered fertile land for investment projects, including Anbar, which is one of the most important Iraqi provinces, because of the stability and labor and an important geographical location helps attract investments and employment of unemployed youth in the province after the important development between the relations and neighboring countries, And Jordan. "

As for the withdrawal of US forces from Iraq, Al-Sarhid said, "It is too early for this talk. The departure of US forces means the return of terrorist cells once again and the targeting of civilians, but it is possible to reach an understanding with the US side on scheduling their forces and the nature of their movements in Iraq, Hotter than it is now. "

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The Iraqi-Jordanian Business and Investment Forum will be held on Sunday

http://alforatnews.com/modules/news/article.php?storyid=196398

 

Release Date: 2019/4/27 13:25155 times read
The Iraqi-Jordanian Business and Investment Forum will be held on Sunday
(Baghdad: Al Furat News) The Iraqi National Business Council announced that the Iraqi-Jordanian Business and Investment Forum will be held on Sunday.
The Council said in a statement, received by the agency {Euphrates News} a copy of it, that "will be held at the headquarters of the Iraqi National Business Council Forum of business and investment in Jordan, Jordan on Sunday at one o'clock in the afternoon."
"The presence of a large trade and industrial delegation headed by Jordanian Minister of Industry, Trade and Finance Tariq al-Hamouri and the presence of Iraqi Minister of Trade Mohammad Hashim al-Ani and a number of officials from the two sides as well as the Jordanian ambassador in Iraq as well as the two chambers of industry Jordan and Amman and representatives of forty Jordanian companies.
"A luncheon will be held in honor of the visiting delegation," he said
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2019/04/27 13:28
 

Jordan-Jordan Business and Investment Forum

http://almasalah.com/ar/news/169729/انعقاد-ملتقى-الاعمال-والاستثمار-العراقي-الأردني-الاحد

 

BAGHDAD - The Iraqi National Business Council announced on Saturday (April 27th, 2019) the holding of the Jordanian-Iraqi Business and Investment Forum on Sunday.

"The meeting will be held at the headquarters of the Iraqi National Business Council, the Iraqi-Iraqi Business and Investment Forum on Sunday at 1 pm," the council said in a statement received by Al-Masala.

"The presence of a large trade and industrial delegation headed by Jordanian Minister of Industry, Trade and Finance Tariq al-Hamouri and the presence of Iraqi Minister of Trade Mohammad Hashim al-Ani and a number of officials from the two sides as well as the Jordanian ambassador in Iraq as well as the two chambers of industry Jordan and Amman and representatives of forty Jordanian companies.

"A luncheon will be held in honor of the visiting delegation."

 

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Demands to increase export outlets for crude oil

Economy | 07:18 - 28/04/2019

https://www.mawazin.net/Details.aspx?jimare=44621

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Special - News balances 
confirmed the economic expert, Ghadir Attar, Sunday, the importance of the oil ministry agreement with Jordan on the establishment of the carrier of crude oil line project from Basra province to the city of Aqaba , Jordan, to increase the export ports of crude oil. 
 Al-Attar told Mawazine News that "work should be directed towards finding other outlets for the export of crude oil so that there will be flexibility in exporting, especially as Iraq stops exporting 35 days a year due to weather conditions," stressing the importance of the agreement of the Ministry of Oil with Jordan On the establishment of the pipeline project for crude oil from the province of Basra to the Jordanian city of Aqaba, to increase export outlets for crude oil "He 
 stressed," the importance of buying or acquisition or lease of land necessary for the implementation of this project, "noting that" the parties agree to find the surest ways to establish The pipeline that does not generate problems in the future. "
It has been agreed to extend oil pipeline from Iraq to Jordan to increase export outlets for crude oil and not rely on one source in case of closing the Strait.

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  • yota691 changed the title to Baghdad is looking to raise the value of trade with Jordan
28-04-2019 07:07 PM
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Baghdad 
Chamber of Commerce discussed with a high-level Jordanian economic delegation to raise the value of trade exchange with Jordan in addition to boosting economic cooperation between the two countries. 
"Jordanian and Iraqi relations are constantly developing," said Jafar al-Hamdani, head of the Baghdad Chamber of Commerce, during a meeting with Jordanian Minister of Industry and Trade Tariq al-Hamwi and his accompanying delegation in the presence of members of the Baghdad Chamber of Commerce. 
During the meeting, they discussed the latest developments in the economic and trade situation, means of developing and activating mutual relations and enhancing the value of trade exchange, as well as the bilateral relations between the two countries in the interest of the two brotherly peoples. .
The statement pointed out that Al-Hamdani praised the positions of the Hashemite Kingdom of Jordan in support of Iraq in the face of existing challenges. " 
For his part, Alaa Al-Nouri, head of the Investment Center in the Baghdad Chamber of Commerce, the participation of Jordanian companies in trade fairs held in Iraq and the activation of mutual visits between traders Sectors to achieve the vision of the two Governments in this area.
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2019/04/29 12:56
  • Number of readings 19
  • Section: Iraq
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Minister of Industry in Iraq for the implementation of economic agreements

The Minister of Industry, Trade and Supply, Tariq Al-Hammouri, revealed on Monday 29 April, 29 April 2019, the reason for his visit to the capital Baghdad, indicating that it comes in order to implement the economic agreements reached by the two sides in early February.

"The most important things to be discussed are the completion of the necessary procedures for the establishment of the joint industrial zone on the border between the two countries," Hamouri said in a press statement.

He pointed out that "the General Assembly of the Jordanian-Iraqi Industries Company, equally owned by the governments of the two countries and charged with the implementation of the project, will hold a meeting in Baghdad, on Monday, to discuss the preliminary actions and the ratification of subsequent steps."

A Jordanian official said in a press statement that "among the topics to be discussed also, remove obstacles that still face the movement of trade in both directions, without disclosing it."

He added that "these obstacles come despite allowing the direct transit of trucks to the territory of each party and Iraq's exemption of a large number of Jordanian goods from customs duties when entering the Iraqi market, as well as Jordan's exemption of Iraq's imports through the port of Aqaba by 75 percent of the fees."

The Baghdad Chamber of Commerce discussed with a Jordanian high-level economic delegation on Sunday (April 28, 2019) the value of trade exchange with Jordan as well as boosting economic cooperation between the two countries.

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http://almasalah.com/ar/news/169868/وزير-الصناعة-الاردني-في-العراق-من-اجل-تنفيذ-الاتفاقات-الاقتصادية

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2019/04/29 12:56

 

Minister of Industry in Iraq for the implementation of economic agreements

The Minister of Industry, Trade and Supply, Tariq Al-Hammouri, revealed on Monday 29 April, 29 April 2019, the reason for his visit to the capital Baghdad, indicating that it comes in order to implement the economic agreements reached by the two sides in early February.

"The most important things to be discussed are the completion of the necessary procedures for the establishment of the joint industrial zone on the border between the two countries," Hamouri said in a press statement.

He pointed out that "the General Assembly of the Jordanian-Iraqi Industries Company, equally owned by the governments of the two countries and charged with the implementation of the project, will hold a meeting in Baghdad, on Monday, to discuss the preliminary actions and the ratification of subsequent steps."

A Jordanian official said in a press statement that "among the topics to be discussed also, remove obstacles that still face the movement of trade in both directions, without disclosing it."

He added that "these obstacles come despite allowing the direct transit of trucks to the territory of each party and Iraq's exemption of a large number of Jordanian goods from customs duties when entering the Iraqi market, as well as Jordan's exemption of Iraq's imports through the port of Aqaba by 75 percent of the fees."

The Baghdad Chamber of Commerce discussed with a Jordanian high-level economic delegation on Sunday (April 28, 2019) the value of trade exchange with Jordan as well as boosting economic cooperation between the two countries.

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Jordan seeks to increase its financial investment in Kurdistan


28 minutes ago

News / Holding in the city of Erbil, the capital of the Kurdistan Region, on Monday, the conference of financial development between the Chamber of Commerce and Industry of Erbil, and the Jordanian Brothers Society.

The aim of the conference was to increase attention to financial development in the Kurdistan Region, as it seeks to open a special branch for financial development in the Kurdistan Region.

The Jordanian side also expressed its readiness to cooperate with Kurdish merchants.

In contrast, the Chamber of Commerce and Industry of Erbil renewed emphasis on the creation of all facilities for any investor comes to the Kurdistan Region and assess investment projects in all sectors.

 
 
 
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  • yota691 changed the title to Iraq starts supplying Jordan with 10,000 barrels of oil over the next two weeks
 
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Oil field
  

 energy


Economy News Baghdad

Jordan's Ministry of Energy and Mineral Resources announced on Wednesday the transfer of crude oil from Baiji to the Zarqa oil refinery, worth half a million tons, to Nael Al-Thiabat and Partners Co. (Al-Hayat Transport). The transfer will start within the next two weeks.

"The announcement comes in implementation of the memorandum of understanding for the processing of crude oil signed between the government of the Hashemite Kingdom of Jordan and the Republic of Iraq in early February," said Minister of Energy and Mineral Resources Hala Zwati in a statement published by the official newspaper Al-Rai.

"According to the memorandum, Jordan buys Iraqi crude oil (Kirkuk crude oil) to meet part of its annual needs and no more than 10,000 barrels per day, which constitutes 7% of the Kingdom's needs based on the average price of Brent crude, $ 16 per barrel. "

According to Zwati, "will participate in the transfer of Iraqi tanks by 50% of the daily quantity as well as Jordanian tanks," stressing "the importance of concerted efforts to make the success of the process of transporting crude oil."

Zuwati stressed the importance of implementing the memorandum of understanding in strengthening economic cooperation relations with brotherly Iraq and activating the land import between the two countries and the subsequent operation of the tank fleet between Jordan and Iraq and rehabilitating the roads. 


Views 8   Date Added 05/01/2019

 
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Al-Tarawneh: Iraq is Jordan's lung and strategic depth

Political | 03:32 - 01/05/2019

 
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Baghdad - Mawazine News 
The head of the Jordanian parliament, Atef Tarawneh, Wednesday, that Iraq is the lung of the Hashemite Kingdom of Jordan and its strategic depth. 
"The Jordanian Parliament Speaker, Atef Al-Tarawneh, received the Iraqi press and representative delegation, which included journalists' leader Muayad al-Lami, members of parliament Samia al-Ghalab, Hamadallah al-Rikabi and harmony of Gharawi," the Iraqi Journalists Syndicate said in a statement received by Mawazine News. 
Al-Tarawneh expressed "Jordan's appreciation and admiration for the great Iraqi victory over the terrorist gangs," stressing that "the coming days will witness prosperity in the relations between Iraq and Jordan in the economic, commercial and cultural aspects, especially after the historic summit that brought together Prime Minister Adel Abdul Mahdi, King of Jordan, In Cairo" . 
He described this victory as "
Al-Tarawneh said that Jordan is keen to strengthen and deepen its relations with Iraq as it is the depth of the Hashemite Kingdom of Jordan and its strategic environment. 
"The Iraqis are looking positively at their relationship with their Jordanian brothers and are looking forward to the expansion of this relationship, especially in the economic aspect," said Iraqi Journalists Syndicate Chairman Moayad al-Lami. "The Iraqi Journalists Syndicate is supportive of the parliament's overtures to the Arabs, "He said. 
MP Hamdallah al-Rikabi, deputy chairman of the parliamentary culture and media committee, expressed "Iraq's interest in strengthening its relations with its Arab environment in general and with the Hashemite Kingdom of Jordan in particular," stressing the interest of the Iraqi parliament in cooperation and partnership between parliaments of neighboring countries, especially after the success of the Baghdad Summit of parliaments of countries Neighboring Iraq ".
MP Samia al-Ghalab, head of the parliamentary culture and media committee, stressed the importance of strengthening relations of partnership and cooperation between Iraq and its Arab environment and the role of the parliament in enhancing these relations, especially in the media and cultural fields as a reflection of economic and trade cooperation. 
In her turn, MP Harmoud al-Gharawi expressed "appreciation for the warm welcome received by the Jordanian parliament," asserting her pride in "Jordan and its political and economic role in supporting Iraq." 
Al-Gharrawi pointed out, "the strength of the ties and relations between the two countries and the role of parliament in strengthening these ties"

 
 
 
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Wednesday، 01 May 2019 01:20 AM

 

Kurdish delegation meets Jordan Insurance Federation's head

 

https://www.thebaghdadpost.com/en/Story/39015/Kurdish-delegation-meets-Jordan-Insurance-Federation-s-head

 

An insurance delegation from Kurdistan visited Jordan's Amman to benefit from the Jordanian experience in this regard, where they met with the chairman of the Jordan Insurance Federation (JOIF) Majed Smeirat.

During the meeting, Smeirat presented the experience of the JOIF in the field of insurance, reinsurance, regulating the market, and issuing legislation related to insurance in Jordan.

Smeirat also pointed to the Jordanian government's intention to refer the mission of supervising the insurance field to the Central Bank of Jordan.

 

Edited by 6ly410
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01-05-2019 07:36 PM
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Baghdad

The head of the Jordan Chamber of Industry, Fathi al-Jaghbir, said that Jordan is putting strict controls on certificates of origin to protect its products issued to the Iraqi market from fraud.

During his meeting with the president of the Union of Arab Journalists, the head of the Union of Iraqi Journalists Muayyad al-Lami and the accompanying delegation, al-Jaghbir said that Jordan "does not want to change the Iraqi economy or sink its industries." He pointed out that "the Kingdom's trade with Iraq, Which the brotherly country has suffered. "

He said that "the industrial sector is ready to rebuild and rehabilitate Iraqi factories damaged by the instability experienced by Iraq in recent years, as well as the establishment of industrial partnerships between the two countries."

He pointed out that "the economic agreements signed recently will be in the service of the industrial sector in the two countries," pointing to "the right of countries to put controls on their imports in reference to the decision to prevent the entry of Syrian products and goods to Jordan on the principle of reciprocity."

He pointed to "the role that the media can play in countering negative ideas and accusations, bringing together viewpoints and spreading awareness, especially with regard to the new economic partnerships that Jordan and Iraq seek to promote and integrate the economy."

"Jordan has a greater opportunity than any other country to be present in the Iraqi market, and to establish complex relations and build on the economic agreements signed between the two countries," Al-Lami said.

"The trade of the two countries has been affected in recent years by the criminality of terrorist gangs, just as the national industry has been damaged by the unstable conditions facing Iraq," he said.

He added that Jordan "has remained in the past years present in the Iraqi issue and there are brotherly ties and intertwined relations between the two countries, and the Kingdom's ability to be the main outlet for Iraqi citizens abroad." 
Al-Lami pointed out that "the press family in both countries need to raise awareness about supporting the economic fields between Iraq and Jordan." 
He pointed out that "the Iraqi Journalists Syndicate will direct its members to communicate with various Iraqi economic activities to help explain the importance of economic cooperation between the two countries and build on the agreements signed." 
Al-Lami said that "

He stressed the need to "have a Jordanian trader share of the imports of Iraq from Turkey and Iran, amounting to $ 30 billion provided that the Jordanian industries high standards needed by the Iraqi citizen."

He pointed out that "Iraq, which has a budget of up to 120 billion dollars, wants to diversify its exports, especially oil, adding that the Basra-Aqaba oil pipeline project will be of great benefit to both countries." 
He stressed that "Jordan needs supportive positions, especially as it is the most Arab country to talk about Jerusalem and adopt its cause and defend it, stressing the need to help Jordan to be strong in the face of economic difficulties and pressures facing him because of his positions on the Palestinian issue and the deal of the century."

"The media should be a tool of pressure to overcome the obstacles facing the flow of trade between the two countries," said Deputy Speaker of the Jordanian Journalists Syndicate Yannal Al-Bremawi. "The next phase will witness the institutionalization of the relationship with the Iraqi Journalists Union to support the efforts exerted."

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Iraq starts to supply Jordan with 10,000 oil barrels within 2 weeks

Wikimedia Commons/ENERGY.GOV

Jordan's Ministry of Energy and Mineral Resources announced the transfer of crude oil from Iraq's Baiji to the oil refinery in Jordan's al-Zarqa, which weighs a half million ton.

The transference process is set to start within two weeks, according to the ministry.

Minister Hala Zawati said in a press statement that the announcement comes as part of the memorandum of understanding for processing of crude oil, signed between the government of the Jordan and Iraq in February.

According to the memorandum, Jordan would buy Iraqi crude oil from Kirkuk, to meet part of its annual needs, with maximum of 10,000 barrels per day. This constitutes 7% of the needs of the Kingdom.

 

https://www.thebaghdadpost.com/en/Story/39100/Iraq-starts-to-supply-Jordan-with-10-000-oil-barrels-within-2-weeks

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Claims to make Aqaba the world's favorite gateway to Iraq

https://www.shafaaq.com/ar/مجتـمع/الحكومة-العراقية-تعطل-الدوام-الرسمي-يوما-واحد-الاسبوع-المقبل/

2019/05/04 03:29:00

Shafaq News / Merchants and workers in the transport and logistics sector are demanding that the Jordanian government swiftly move to work on activating its agreements with the Iraqi side regarding trade exchange processes and mechanisms, especially that the ports in Aqaba suffer from a decline in the volume of imports of goods by 20% Or Arab markets, while the Aqaba Container Terminal confirms its ability to be the world's favorite gateway to Iraq.

Experts and experts emphasize that the absence and postponement of the activation of these agreements is the main factor behind the decline in the percentage of commercial imports by sea, warning at the same time of the "seriousness" of the decline in imports through the ports of Aqaba on the handling and operation of the ports system, .

Among the number of importers and exporters, the decline in commercial imports by sea is due to the failure to complete the process of re-opening the Jordanian-Jordanian border, amid security concerns that contributed significantly to reducing the pace of commercial imports, coupled with the weak purchasing power of citizens in the local market, On the volume of trading in the Jordanian markets as well.

Figures and statistics for the first quarter of this year showed a significant decline in Jordan's exports to Iraq compared with the same period last year despite the reopening of the crossings and the signing of agreements and memorandums of understanding.

According to the Amman Chamber of Industry, the figures showed a significant decline in exports to Iraq during the first quarter of this year and by 10% compared with the same period of 2018. The first quarter exports to the Iraqi market amounted to 107 million dinars compared to 118 million dinars A decrease of 11 million dinars for the same period last year.

In turn, the figures of the Zarqa Chamber showed a sharp decline in the exports of its members to the Iraqi market during the first quarter to reach 18 million dinars, a decrease of 30% compared to 35 million for the same period last year. It indicated that exports to Syria are negligible; Thousand dollars .

"This decline does not mean that things will remain the same, and the industrial sector is working in cooperation with the Ministry of Industry and Trade to alleviate the difficulties," said Fathi Al-Jabbair, head of Jordan Chamber's industry. He predicted that the volume of trade exchange and exports during the second quarter of this year will reach satisfactory levels For the two sectors in the two countries, especially Iraq, indicating that there are many positive indicators in this direction.

He pointed out that there are a series of future meetings between Iraq and Jordan will be the development of perceptions and aspirations and solutions to all obstacles that limit the Jordanian exports to Iraq.

Al-Jaghbair stressed that there are many challenges and obstacles that still stand in the way of the flow of our industrial exports to Syria, while valuing the efforts exerted by the government in this regard. However, they need a clearer vision and a call on the brothers to implement the joint agreements between the two parties. The common desire to re-develop economic relations and increase the volume of trade exchange.

In turn, the head of the Jordan Chamber of Commerce, Mr. Nael Kabiriti, said that the decline in imports increased by more than 20% due to the weakness of purchasing power of citizens in the Jordanian markets, in addition to the fears of the Jordanian security driver in going to Iraqi cities, which is one of the main reasons behind the weakness and decline The volume of imports to and from the two countries, stressing that the right of the Jordanian driver to enter the commercial markets in Iraqi cities in a safe and without any fear, valuing the level of coordination between the Jordanian and Iraqi commercial sectors.

Al-Ain Al-Kabiriti expected an increase in commercial import through the Kingdom's maritime, air and land crossings in the second quarter of this year, calling on Jordanian drivers to enhance their presence in Iraqi commercial markets through the land transport fleet.

The volume of sea shipping through the ports between the two countries in the 1980s exceeded 25 million tons of goods and services. He stressed that after the discussions that took place earlier this year and the signing of more than 15 agreements in the fields of transport, trade, agriculture and others, this number will increase to fold with high readiness by Jordanian ports and the transport sector, which will help revive the various economic sectors.

"The reopening of the Trabayel crossing and the commercial talks between the Jordanian and Iraqi delegations will constitute a strong boost for the national economy, which will enable the owners of factories in the Kingdom to operate the production lines at full capacity, which reflects positively on employment and employment and contribution to reducing the unemployment problem. Jordan is twinning and has shared strategic interests.

For his part, General Director of the General Company for Trade and Grain of the Iraqi Ministry of Commerce, Hassan Isma'il Ibrahim, stressed that the indicators and figures in the Aqaba port indicate that he is eligible to receive a large part of the Iraqi cargo and imports, especially in the proximity of the Iraqi governorates, which means low transport costs and feasibility. Economy.

On the other hand, the Jordanian truck driver Muhammed Khair Al-Daoud said that the situation on the Jordanian-Iraqi border is in the process of improvement. This is related to the rapid issuance of security permits for the entry of Jordanian truck drivers. In addition, work is under way to determine the transport pricing, Stressing that "there are a small number of trucks got permits to enter Iraq."

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  • yota691 changed the title to Jordan: 32 Jordanian cargo trucks entered Iraq only two months ago
 
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 money and business


Economy News _ Baghdad

Jordan announced on Sunday that 32 Jordanian cargo trucks had entered Iraq only two months ago, indicating that no empty Iraqi truck had been registered in the kingdom.

"Although more than two months have passed since the activation of the decision to allow the entry of Jordanian and Iraqi trucks into the territories of the two countries, the number of Jordanian trucks that entered directly into Baghdad has not exceeded 32 trucks, "He said.

He added that "the number of Iraqi trucks loaded with goods that entered the territory of Jordan directly amounted to 40 trucks, while no entry of any empty Iraqi truck to the territory of the Kingdom."

Last February, the government announced the start of the door to door mechanism for goods, goods and petroleum products that require the entry of Jordanian trucks into Iraqi cities, as well as the Iraqi trucks entering Jordanian territory.


Views 18   Date Added 12/05/2019

 
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  • yota691 changed the title to Jordan: Export movement with Iraq via Trebil is non-existent

Jordan: Export movement with Iraq via Trebil is non-existent

Economy | 01:03 - 15/05/2019

 
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Baghdad - Mawazine News The 
head of the Association of Jordanian Exporters of Agricultural Products Sulayman al-Hayari said that the export movement to Iraq and Syria recently through the ports of Trebil and Jaber-Nisab is absent. 
"The weakness of the export movement to Iraq comes because of the fluctuation of the Iraqi situation, and the lack of export movement with the Syrian side caused by the failure of Jordan to implement the agreements concluded with the Syrian side before the closure of the crossing." 
The Jabir-Naseeb crossing between Syria and Jordan is important for shipping in the Middle East. Before the Syrian crisis, hundreds of trucks pass through Syria, Turkey and Lebanon to the Gulf. 
The crossing was closed in 2015 after the militants took control of it, which led to the interruption of the movement of trucks, and reopened in October 2018, after the Syrian army took control of him.

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  • yota691 changed the title to Iraq supplies Jordan with half a million tons of oil
 
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 energy


Economy News _ Baghdad

Jordan's Minister of Energy and Mineral Resources Hala Zwati said on Sunday that supplying Jordan with Iraqi crude would be half a million tonnes from the Baiji refinery to the Zarqa oil refinery.

"Providing Jordan with Iraqi crude oil will be half a million tons from the Iraqi Baiji refinery to the Zarqa oil refinery," Zawati said in an interview with Al-Bayan newspaper.

"Jordan will buy Iraqi crude oil to meet part of its annual needs, and no more than 10,000 barrels per day, which constitutes 7 percent of the Kingdom's needs, based on the average price of Brent crude per month, "He said.

The Jordanian minister said that "will participate in the transfer of Iraqi tanks by 50% of the daily amount to Jordanian tanks," stressing "the importance of concerted efforts to make the success of the transfer of crude oil."

"Cooperation between the two countries in the field of energy is not limited to this aspect. Jordan and Iraq are working to complete the necessary procedures for the construction of an oil pipeline extending from Basra through Haditha and then to the port of Aqaba. Iraq via electricity via a joint network. "


Views 93   Date Added 09/06/2019

 
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Iraq supplies Jordan with half a million tons of oil

 
Baghdad / Al-Sabah
 
 
It is hoped that Iraq will soon start supplying Jordan with half a million tons of crude oil per day from Baiji refinery to Zarqa refinery.
"Jordan will buy Iraqi crude oil to meet part of its annual needs, and no more than 10,000 barrels per day, which constitutes 7 percent of the Kingdom's needs," said Jordan's Minister of Energy and Mineral Resources Hala Zwati. Transport costs and specification teams, and $ 16 per barrel. "
"It will take part in the transfer of Iraqi tanks by 50 percent of the daily quantity as well as Jordanian tanks," she said, stressing the importance of concerted efforts to make the success of the process of transporting crude oil.
The cooperation between the two countries in the field of energy is not limited to this aspect. Jordan and Iraq are working on the completion of the necessary procedures for the construction of an oil pipeline that runs from Basra through modern and then to the port of Aqaba, Iraq via electricity via a joint network ».
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  • yota691 changed the title to Iraq reveals the near completion of the designs of the pipeline from Basra to Jordan

Iraq reveals the near completion of the designs of the pipeline from Basra to Jordan

By ahad7 View  Articles 15/06/2019 02:13 PM | Number of readings: 1

 
Iraq reveals the near completion of the designs of the pipeline from Basra to Jordan

 


Al-Ahed News - Baghdad

Iraq's ambassador to Jordan, Safiya al-Suhail, said Saturday that the Iraqi government is conducting a final review of the route of the oil pipeline, which will extend from the province of Basra to the Jordanian port of Aqaba.

Al-Suhail said in a press statement that "the Iraqi Ministry of Oil is studying the best options for the path of the oil pipeline, which is a strategic project for both countries and Iraq will be able to export crude oil through Mia Aqaba Jordanian."

"The pipeline has been changed several times because of the security situation in Iraq," she said. "After the return of security, there are no longer any fears or dangers on the pipeline."

"The Iraqi government is keen to accelerate the procedures of extending the pipeline once the necessary studies are completed by the Ministry of Energy, including the determination of the final path that will pass through the tube."

Iraq and Jordan signed on April 9, 2013 an agreement to extend a 1,700 km pipeline to transport Iraqi crude oil from Basra to export terminals in the Jordanian city of Aqaba at a cost of approximately $ 18 billion and a capacity of one million barrels per day.

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  • yota691 changed the title to "Zawati" determines the date of arrival of Iraqi oil to Jordan

"Zawati" determines the date of arrival of Iraqi oil to Jordan

"Zawati" determines the date of arrival of Iraqi oil to Jordan
Hala Zwati Minister of Energy and Mineral Resources of Jordan
 11 July 2019 03:42 PM

Directly said Minister of Energy and Mineral Resources of Jordan and, if necessary to begin the transfer of Iraqi oil to Jordan in the final stages of the proceedings, and that the transfer process will begin before the end of July this.

In a statement to the ministry, Hala Zawati stressed the importance of the decision of the Iraqi Council of Ministers to approve a project to build a pipeline transporting 1 million barrels of oil per day from the city of Basra for export through the port of Aqaba in the Kingdom of Jordan.

Zawati pointed out that the approval of the Iraqi Council of Ministers will be followed by the signing of an agreement between the two countries, pointing out that this project gives Jordan the right to buy 150 thousand barrels of oil per day through the pipeline, estimated at $ 5 billion.

Jordan's Minister of Energy and Mineral Resources discussed with Iraqi Oil Minister Thamir al-Ghadhban in Baghdad on Thursday the developments of Iraq's oil export pipeline through the port of Aqaba.

 Iraq agreed in January to supply Jordan with 10 thousand barrels of oil per day of Kirkuk crude from the Baiji plant according to the price equation linked to the price of Brent crude less transport costs and different specifications.

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  • yota691 changed the title to Carrefour Trebil achieves unprecedented revenues in one day
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