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Carrefour Trebil achieves unprecedented revenues in one day

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Osei reveals extensive details regarding investment of the international road and port Trebil

economy

 Since 28.05.2017 at 11:50 (Baghdad time)

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 Baghdad balances News

Minister of Construction and Housing and Public Municipalities Anne Nafie Osei held a meeting with the relevant committee of the Investment Highway No. 1 or the so-called international highway link between Iraq, Jordan and Syria.

The meeting was held under the chairmanship of Awsi at the ministry's headquarters, in the presence of Undersecretary Aestbrq thorns and the representatives of the Ministries (Interior, Planning) and the Investment Authority.

According to the minister, in a press release, during the meeting that "the Committee in front of a large national task in selecting the executing agency that will invest the way management and operation of Trebil border port, which requires precision and speed to accomplish."

She added that "Based on our mandate under the chairmanship of the relevant committee to prepare special Boaah rehabilitation and secure highway traffic investment contract according to customs clearance issued by the General Secretariat of the Council of Ministers discussed the preparation of the paragraphs of the contract for the investment and secure the international road link between Baghdad and the Jordanian border of the technical, security and economic aspects of the requirements" .

The minister explained that "the investing company will rehabilitate the road and bridges built upon and maintained continuously and reform Altaksvat taking place in it and illuminate and establish a break station and the parking wheels and maintenance workshops for vehicles passers-by and gas stations, as well as a fence on both sides of the road to ensure that animals and vehicles crossing in contrary to the system BIOS that causes accidents, while the security side marker investor to secure both sides of the road a depth of five kilometers from each side. "

She Awsi that "the procedures above will be under the supervision of the competent Ministry of Construction and Housing and Public municipalities in the technical side and the Ministry of Defense and Interior in the security and traffic side," the Committee, stressing that this project will be a significant shift in the field of activating trade exchange between Iraq and the countries of the world, as well as re-transport sector land for goods and passengers through the international road link with Jordan and Syria. "

 She noted that "the project will also develop the infrastructure of the border port in Trebil to facilitate better service for employees in which travelers and truck drivers passing through it and provides a smooth flow in the movement of vehicles across the port, which contributes to the opening investment doors and activate the partnership between the public and private sector in the reconstruction of the liberated areas and the rehabilitation of the infrastructure needed to stimulate economic activity in Iraq so as to lighten the burden on the state and ensure the provision of new job opportunities, ".anthy 29 / d 24

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Economy News _ Baghdad:
 
Revealed the Jordanian House of Representatives member Mohammed Ahmed al-Haj on Thursday for the start of the Iraqi and Jordanian sides to open talks on a new Trebil border, pointing out that the coming days will witness visits between the two countries, officials of the exchange.
 
Haj said in an interview seen by "Economy News", "new talks recently started between the Jordanian and Iraqi sides on the issue of Trebil and the need to speed up the opening of what the port will reflect positively on the economy of the two countries."
 
He added that "the coming days will witness the exchange of visits between the Jordanian and Iraqi officials," asserting that "Jordan is open to Iraq, especially in the economic field."
 
On the other hand Haj stressed that "Jordan and its position clear from the fight Daesh and cooperate with any party fighting extremism," pointing out that "there is coordination between Amman and Baghdad in this regard, but at the military level has not been until now." 
 
Views 16   Date Added 01/06/2017 - 11:40   Last updated 06/01/2017 - 12:39   No. Content 7741
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Economy News _ Baghdad:
 
The head of the Parliamentary Finance Committee MP Mohammed Halbusi, on Friday, the government approving the investment protection and secure the international road link between Iraq and Jordan as soon as possible and hold to activate the experience of international road in the province of Basra as well. 
 
He said Halbusi in Bayat received "Economy News," This investment project economically viable quality projects long-term and that it will provide thousands of job opportunities for citizens and drivers as well as to revive the economy and stabilize the areas surrounding the international road and will promote economic exchanges between the two countries.
 
The MP stressed that the opening of the international Halbusi road "will double to strengthen and diversify the resources of the Iraqi economy."
He also pointed out that "would increase federal revenue so as to contribute to bridging the overall budget deficit."
 
He also said that "from another door will contribute to increasing the local Anbar government revenues and help to restore infrastructure to the international road reconstruction, in addition to supporting reconstruction projects and the stability of the province."
 
The chairman of the Parliamentary Finance Committee that "the opening of the international road will restore the rehabilitation of a climate favorable environment for the development of investment and attract investors to revive the economic and industrial important sectors as a basis for building a diversified sources of national economy rather than rentier economy unilateral oil depends as the sole source of revenue, and avoid what we experienced previously from the financial crisis due to lower oil prices. "
 
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Views 299   Date Added 02/06/2017 11:15 -   Last Updated 06/02/2017 - 13:32   No. Content 7752
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This is really good news. People are taking matters into their own hands and getting live back to normal. Things like this help in everyday life and sends a message of stability. :twothumbs:

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Anbar near the international road sign investment contract

   
 

 
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6/11/2017 0:00 
 
Baghdad / Al- Sabah 
Al - Anbar Provincial Council, revealed near thesigning of the investment of the international highway in the province held, at a time when the security and defense committee representative urged the government to speed up contracting procedures with the international investment company to secure international express line with Jordan to revive the Iraqi economy. 
The Chairman of the Committee of Construction in the Anbar province of staff behind Trmoz in a statement singled out by the «morning»: that « the next phase will witness the signing of the contract between the Ministry of Construction and Housing as the owner of this road international investment company to invest in the international highway in Anbar province». 
He added Trmoz «that the company will, according to the agreement, the reform of the road and furnishing and rehabilitation and secure, and the collection of money from the cars that pass there, as well as the establishment of a telecommunications company and other engineering paving of the road and bridges built on it», refuted all the chatter that the company has been accused of not have a business similar in any place and that this project is the first in Iraq. 
Among Trmoz that « the company has been evaluated by the Undersecretary of the Ministry of Planning , who also chairs the Technical Committee , which recommended the offer international highway to investment», adding that « the people of Anbar are waiting impatiently for the opening of the road in any way whatsoever, because of its economic importance will return positively benefit them ». 
In the same context, he appealed to the security and defense committee in Parliament member Mohammad al - Karbouli, « the government to speed up the contract with the international investment company measures to secure international express line with Jordan to revive the Iraqi economy». 
He said Karbouli that «re - life international express line represents the invigoration of the Iraqi economy in general and the province of Anbar , in particular , and to activate trade movement between Jordan and Iraq so as to help restore stability to the surrounding areas, as well as provide employment opportunities for many segments of Iraqi society, because it is the economic lifeline of the province» . 
He predicted a member of the security committee that «re - life international express line will form the Arab and international investment to the province of Anbar , a window, and enhance the security of the project and the stability of the province and accelerate the return of displaced persons to their areas and the stability of their cities, and the development of infrastructure and spent gradually on unemployment in society Anbari and ease the financial burden on the budget Federal and revive the local and national industry », stressing that» the progress of military operations carried out by the armed forces in western Anbar have paid off and alienated the terrorist threat from the international express line and the region has become a safe international investment company of Beshrh in insurance and execute their work and rehabilitation work done, which is Macdja on our demand for the federal government to complete the contract with the company invested and international initiative to declare an early date for the opening of the international express line and so as to enhance economic ties and security cooperation with the Jordanian brothers. » 
The aim of the rapid investment of the international road to secure international express line between Baghdad and Jordan to open the Trebil border port between the two countries, which has caused the closure of the port over the past years to disrupt life in the province and re - opening will contribute to reviving the economy and provide job opportunities for thousands of people and truck drivers.
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Thanks again Yota.

 

For a group that has no international currency. They sure seem to cut a lot of international deals.  

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6 minutes ago, ChuckFinley said:

Thanks again Yota.

 

For a group that has no international currency. They sure seem to cut a lot of international deals.  

 

Cause they're using OUR money that actually carries some power 😡

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Thanks Yota...Back in 03' the Trebil crossing was a massive commercial crossing check-point...Every time we showed up to deliver military equipment/supplies the line of trucks parked on the side (Iraqi side) of the road was no less than 5 miles long...There are/were several extra staging lanes at the crossing for these trucks to park and wait in line...These trucks have side-boxes that the drivers carry their cooking and tea supplies in...It was common for the drivers to be setting under their trucks (in the only shade available) in these staging lanes eating and drinking tea waiting to cross the boarder....There were certain nationality trucking companies that were made to wait days, while other nationality were allowed to simply show ID and proceed with their loads...The sheer volume of trucks hauling supplies both ways in reference to the Trebil crossing has to have an impact in either opening or closing...This has to be an issue in our favor when the CBI adds this commercial asset to their list concerning open trade...jmho

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Trebil border with Jordan
 
 
 

Economy News Baghdad:

The newspaper "opinion" Jordan confirmed on Thursday that the Iraqi government declared victory in Mosul will accelerate the opening of the Trebil border crossing in front of the flow of goods to Iraq, Jordan, expected to open next month, indicating that the positive signals from the Iraqi side to exempt Jordanian goods from customs duties.

Published a Jordanian "opinion" newspaper, a story comes from a Jordanian official who declined to be named, seen by the "Economy News" on it, saying that "positive signals from the Iraqi side on the near deadline for the opening of the crossing and exempt goods Jordanian customs duties imposed by the Iraqi government on imports From outside ".

The source expected that "the next August as the date for the reopening of the crossing based on expectations that the Iraqi government has launched tenders for foreign companies to secure the road between Iraq and Jordan."

The source "how important the Iraqi market for Jordanian exports which is Iraq's second-largest export markets to Jordan after the United States means to return things to what they were and confidence to continue the industrial sector growth."

Iraq has imposed a tax is estimated at 30% on Jordanian exports to him over the past month, making many of the industrialists and exporters are demanding Jordanians represented by the Ministry of Industry and Commerce to communicate with the Iraqi side to exclude Jordanian exports from this tax government.

 

 

Views 271   Date Added 13/07/2017

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Amman from Baghdad waiting lists of goods exempted from customs duties

   
 

 
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7/15/2017 0:00 
 
Jordan are looking forward to re - opening of theTrebil border 
Hazim ovaries 
builds a lot of traders and industrialists Jordan hopes that the Iraqi authorities to answer before the end of this month to request exemption lists of goods that have requested Oman exemption from fees when entering into Iraq, and Jordan was delivered about two months Iraq before the list bearing the names of 1300 factory wants to export their products and demanded exemption from customs duties until their entry into its territory, after the imposition of Iraq tariffs by 30 percent on all goods entering its territory , regardless of the exporting countries. 
Note that the officials at the Ministry of Industry, Trade and Supply constant contact with their Iraqi counterparts to study the three conditions set by Baghdad to exempt Jordanian goods from customs duties is to determine the production capacity of the factories of Jordan during the current month, and commitment to agricultural Balrosnamh in Iraq, and the lack of inclusion of goods that the Iraqi sovereign decisions were issued to protect them as a national product. 

Exempt goods 
known that the private sector relies heavily on the reopening of the Iraqi market and Jordanian goods exempt from customs duties by virtue of the Iraqi market is essential for exports of Jordan. And Jordan still issued to the Iraqi market , despite the closure of "Trebil" port, through overland transit to Saudi Arabia and Kuwait access to Iraq through the Safwan border crossing, or through the sea route through the port of Aqaba to the port of Umm Qasr through the port of Jebel Ali. 
Director General of the Amman Chamber of Industry builds hope to re - open the Trebil border crossing, because that would lead to the promotion of trade exchange between the two countries, which is greatly influenced by the result of this closure during the last three years, and led to a decline in Jordanian exports to the Iraqi market significantly, especially as alternatives other which includes shipping by Kuwait or by sea facing export obstacles such as high costs and delays access. 

Jordanian exports 
room data indicate that exports during the first third of this year to Iraq has dropped by 32 percent as it fell to 121 million dinars compared to 178 dinars , the same period last year , a million, and expresses its Director - General expressed the hope that the adoption of a list of Jordanian goods that have been the Iraqi side to provide them by the Chamber, in cooperation with the chambers of Industry in Jordan , and in coordination with the Ministry of Industry, trade and Supply, so exempt these products from customs duties imposed by Iraq recently, shows that the private sector relies heavily on the support of the business sector in the brotherly Iraq this The list, since continuing to impose such fees, constitute a serious blow to the Jordanian exports to Iraq, and will lead to the closure of many factories that go all production to the Iraqi market and thus lay off thousands of workers, and the consequent risks to social security. 

Export value of the 
latest figures released by the Department of Statistics show that the export value of the Iraqi market fell during the month of April by 20 percent to 20.2 million dinars instead of 25.5 million dinars compared to the same period last year, Jordanian exports to Iraq fell by 63 percent last year compared to 2013 , while the closure of connecting Trebil crossing between Jordan and Iraq completely, and the value of antibiotics in the 2016 level of 330 million dinars instead of 882 million dinars in 
2014. 
It is noteworthy that exports to the Iraqi market reached its peak in 2013 when it was worth 883 million dinars , while she was in the year 2012 level of 716 million dinars , compared with 715 million dinars in 
 2011.
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Economy News _ Baghdad

Investors expect the President of the Jordanian Free Zones Authority Nabil Rumman, Monday, closing some factories and facilities at the free end of this year, areas in the absence of re-opening of Trebil crossing.

A pomegranate in a statement to the newspaper (Opinion) the official Jordanian and seen by "Economy News", that "in the event has not been re-opened Trebil crossing until the end of this year, the free zones will see the closure of some factories and stop production lines because the largest proportion of these plants rely on Iraqi market and suffered significant losses over the past years. "

He added that "the year 2016 saw the closure of about 5 factories in the free zones and the stoppage of production due to the losses sustained over the closure of Trebil crossing," and urged the competent authorities to "work to intensify contact with the Iraqi side in the current changes and witnessed by the State of Iraq during the past few weeks to re-open the crossing. "

He noted that the pomegranate "Iraqi investors are affected by the closure of the biggest Trebil crossing," noting that "70% of the factories in the Jordanian free zones owned by Iraqi investors." 

 

 
Views 18   Date Added 17/07/2017
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Jordan's private sector is considering the establishment of a permanent trade center in Iraq

   
 

 
 

7/20/2017 0:55 
 
 Oman / Hazem ovaries  
day after day decline of Jordanian exports to Iraq for several reasons , most notably the most important of the continued closure of the Trebil border crossing between the two countries, and witnessed the first eight months of this year decreased by 40.6 percent, reaching 212.3 million dinars, compared to 357.6 million dinars during the same period last year, after a decline over the past two years by 40 percent and worth $ 695 million over the past year, while $ 1.2 billion in 2014. this prompted the private sector, the largest aggrieved to discuss with the Ministry of Industry and Commerce requesting the supervision of the idea and the details of the establishment Tja center Permanent irrigation in Iraq to show Jordanian industries in the Iraqi market and throughout the year. 
In this context , the Minister of Industry and Trade Eng met with the judges recently expressed representatives from the commercial and industrial sectors to discuss the details and mechanisms and the perception of the establishment of the commercial center , which will enable the national industry to strengthen its presence in the Iraqi market through direct contact with traders and importers from the Iraqi side, especially that the Iraqi market is the second largest export market for the Kingdom after the United States. Where representatives of the private sector , announced its complete readiness and encouragement to this idea and support for its success aware of the importance of the Iraqi market and to facilitate the arrival of Jordanian goods through the creation of a broad market for the presentation and marketing of scientific methods to enable them to compete with other industries and exploit the competitive advantage of geographical proximity and experience in the market of 
 Iraq. 
It should be noted that one of the most prominent commercial markets in the Jordanian capital was composed of an Iraqi commercial center displays the Iraqi national industries , which are appealing to consumers for their quality and low prices compared to other similar industries but closed for reasons 
 still unknown. 
In the meantime , the hopes of industrialists and traders Jordanians continue to re - opening of the Trebil border crossing between the two countries is expected in this framework , a meeting soon between the two sides in Baghdad to discuss final procedures for securing the crossing of commercial convoys and ensure Ansibabah transport of goods through the Trebil crossing to announce the deadline for the opening of the crossing, and indicate some sources that a breakthrough soon on the border crossing file will be announced by the end of this month after the implementation of the security measures undertaken by the Iraqi side in clearing the international road connecting between them and Jordan from the extremist terrorist gangs, which reached its stages The latest addition to the coordination between the parties and to agree on a deadline 
 for the opening of the crossing. 
It is worth mentioning that Iraq is the most important export markets for Jordanian industries , which some of them to serve the Iraqi specifically market where previously reached the Jordanian exports to Iraq nearly 1.4 billion annually fell to less than half by the border closure caused by security measures that the Iraqi authorities had to be taken to secure the way for  the 
movement of goods.
 
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Wow everyone is jumping in fast and furious to do business in and with Iraq.

:twothumbs: Yota

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History of edits:: 2017/7/19 20:20 • 142 times readable
Iraq, Jordan discuss the start of the second phase of the opening Trebil
{Baghdad: Euphrates News} Search Chief of Staff of the Army First Lt. Gen. Othman al-Ghanemi, on Wednesday, with the head of the board of the Joint Chiefs of Jordan, the start of the second phase of the opening of the Trebil border.
A statement by the Ministry of Defense, the agency received {Euphrates News}, a copy of it, that Ghanimi "received Chairman of the board of the Joint Chiefs of Staff in the Hashemite Kingdom of Jordan Lieutenant - General Mahmoud Abdel - Halim Freihat, was a joint meeting of the two sides in the Defense Ministry building was attended by aides army chief of staff and officer Corner the defense ministries of the two sides, where he presented the guest at the beginning of the meeting greetings of the military leadership of the great victories achieved by our security forces in the liberation of the city of Mosul , from the clutches of Daesh terrorist gangs. " 
He added, "During the meeting , to discuss the start of the second phase of the opening of the Trebil border between the two countries, and to discuss the technical, administrative and security aspects of the road, and the reconstruction of what was destroyed by terrorist gangs and caused by the events Qtoat in the international road." 
The statement continued, "as a timetable for the subsequent phase of the development of the project in order to be fully accomplished." 
The border Trebil port is a vital main artery of trade exchange between Iraq and Jordan, which it is hoped to open Gariba.anthy
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Economy News Baghdad: 

Iraqi Ambassador to Jordan Safia al-Suhail announced on Monday that there are security arrangements being discussed between Jordan and Iraq regarding the reopening of the Iraqi Trebil crossing to transport and goods. 

Al-Suhail said in an interview with the London-based newspaper Al-Arabi Al-Jadeed that the meetings between the leaders of the armies of the two countries were recently held in this regard, adding that "the authorities of the two countries have not set a date for the reopening of the border between the two sides, which has been closed for more than two years." 

She pointed out that "the opening of the border depends on the completion of the agreement on security arrangements between Jordan and Iraq, but expected to work at the crossing of Trebil soon without setting a date."

"We are fully prepared to provide intelligence to the Iraqi side to secure the international road linking Iraq with Jordan," the head of the Joint Chiefs of Staff of the Jordanian Armed Forces, Mahmoud Abdel Halim Freihat, told a joint press conference in Baghdad Wednesday with Iraqi army chief of staff Osman al-Ghanmi. 

He added that much progress has been made to open up and secure the road and the border between the two brotherly countries, expressing the readiness of the Jordanian armed forces to support and assign Iraqi forces, whether intelligence effort or air surveillance. 

Iraq has closed its entire land border with Jordan for more than two years; for security reasons after the border crossing of Trebil between the two countries to blow up more than once and the control of the Islamic state (calling) on large parts of land in western Iraq. 

Jordan has lost more than 50% of its exports to Iraq due to the security situation and border closures. Many factories in Jordan depend on Iraq's markets to sell their products. 

"The reopening of the Trebil crossing will revive Jordanian exports and contribute to the reduction of the 10 per cent decline witnessed in the last two years," said the head of the Jordan Exporters Association, Omar Abu Sasha.

 

Views 141   Date Added 07/24/2017

 

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Release date: 2017/7/29 22:16 • 364 times read
Jordanian monarch: The opening of the border crossing between Iraq and Jordan this year
[UPDATE: Where] 
the Jordanian monarch, Abdullah II Bin Al Hussein, revealed the opening of the border crossing between Jordan and Iraq will be during the current year.
The Jordanian monarch expressed his confidence that the road map for Iraq and Syria has begun to be clear, stressing that there are "positive signs" in this regard. 
"Today the road is clear for Syria and Iraq and there are positive signs," King Abdullah II said, referring to a recent ceasefire agreement in south-west Syria between Jordan, the United States and Russia. 
King Abdullah II expressed his optimism about the situation in Iraq and the opening of the border crossing between Jordan and Iraq during the current year.
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US delegation to the port of Trebil in preparation for the opening of the Iraqi-Jordanian border
 
 
 
 
 
A joint US delegation from the US Department of Defense and representatives of the US security firm that won the road safety contract between Baghdad and Amman for a second day in a row held extensive meetings with local officials and Iraqi armyofficers in Anbar province in the west of the country. Between Iraq and Jordan.

A senior Iraqi official in Baghdad said that the American delegation began yesterday, with aerial surveys and monitoring the situation in the region in general, starting with the border with Jordan, along the international road link between Baghdad and Amman, noting that "the American company (Olive) Securing the international road, as soon as possible. " 

He added that "the issue of parliament's objection to the company, because of its true identity, and considered a copy of ( Blackwater ) notorious, will be the subject of debate within parliament and the government, as the company confirmed that it is continuing to implement the terms of the contract."

 

 
 



He stressed that the opening of the port will witness the rehabilitation and the erection of checkpoints and the conduct of aircraft to monitor any potential threat to commercial convoys, whether coming from Jordan or departure from Iraq, explaining to the "new Arab", that officials and representatives of the American company briefed on the requirements of reform and secure the road.

"The 
purpose of the current visit is to identify all that is needed to open the road between Iraq and Jordan 

"

He added that "the purpose of the current visit is to identify all that is needed to open the road between Iraq and Jordan, whether in terms of security, or service, or reconstruction of bridges that blew up (and urged ), and the establishment of a coordination center between Iraq and Jordan in the port," asserting that the American delegation Was heavily guarded by US special forces with helicopters and a supporting Iraqi force. 

In the meantime, the Iraqi Prime Minister, Haider Abadi , that the government is working to secure the international road link between Baghdad and Amman as soon as possible. 
"We are working to secure the international link between Baghdad and Amman in order to resume normal trade relations between Jordan and Iraq," Abadi said at his weekly press conference held on Tuesday evening. 

Baghdad and Oman are counting on restoring the dry canal between the two countries by restoring the mission to a US company based in Abu Dhabi that was established in 2013 on the ruins of the notorious Blackwater Company, which was dismantled following a series of scandals and violations in several countries of the world. , The most prominent of which is Iraq, where it was officially expelled in 2007. 

The leader of the anti-Da'ash clan, Fadhil al-Issawi, said Wednesday that the American company charged with protecting the international road between Iraq and Jordan began the work of detection on the road several weeks ago, Stressing to the "new Arab", the company that take the bottom Ain Al Assad, west of Anbar, has trained security personnel working to protect its engineering and technical staff. 

He pointed out that there is coordination between the security company charged with protecting the international road between Baghdad and Amman with the tribal forces, in order to carry out some support tasks along the road that passes through vast areas of desert land, likely to open the road in a short period because of the presence of serious US, Iraqi and Jordanian in that. 

Jordan's King Abdullah II on Saturday expressed his optimism about the situation in Iraq and the opening of the border port of Trebil during the current year, adding that the features of the road with Iraq and Syria are beginning to show signs of positive developments in this regard. 

The Iraqi Prime Minister Haider Abadi, stressed that the road between Iraq and Jordan will be granted to a foreign investment company responsible for the reconstruction and protection. 

And closed the port of Trebil between Iraq and Jordan after the control of the "Daash"

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Abadi discussed with the Jordanian Foreign Minister the creation of the requirements to accelerate the opening of the port of Trebil

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Policy     access_time 2017/08/10 14:05  Number of readings: 106
 

 

Baghdad today - Baghdad

Prime Minister Haider al-Abadi discussed with Jordanian Foreign Minister Ayman Safadi, who is currently visiting Iraq, the need to speed up the opening of the border crossing with Jordan.

A statement from the office of Abadi said: "I received in his office Thursday the Jordanian Foreign Minister and discussed bilateral relations between the two countries in the political, security, intelligence, economic and counterterrorism fields. Including intellectual.

The statement also said that the meeting also discussed "the creation of the requirements to accelerate the opening of the border crossing with Jordan, (Tarebil road)"

Safadi conveyed the congratulations of Jordan's King and Jordanian Prime Minister on the victories achieved by the Iraqi forces against gangs calling for terrorism and liberating the Iraqi territories, stressing that the battle is one and the enemy is one and Jordan is the government and the people supporting Iraq in its war against terrorism.

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Live Streaming A press conference for the Foreign Ministers of Iraq and Jordan

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      Minister Zuwati briefed the Minister on the presence of the Kingdom's ambassador to Iraq, Montaser Al-Aqla, on the decision of the Iraqi Council of Ministers to approve a draft pipeline for the export of Iraqi oil from oil fields in Rumaila in Basra to the port of Aqaba through the Jordanian territories. 

      Minister Zwati stressed the importance of the decision of the Iraqi Council of Ministers to approve the project, which transfers about one million barrels of oil per day from the city of Basra for export through the port of Aqaba on the Red Sea. 

      Zuwati said that the approval of the Iraqi Council of Ministers will be followed by the signing of an agreement between Jordan and Iraq and then start the implementation of the pipeline project, which will extend from the city of Basra and branch to the oil refinery in the city of Zarqa through the Kingdom's land to the port of Aqaba and to the international market. 

      She pointed out that Jordan and Iraq agreed during the ministerial meeting held in Baghdad early this year headed by the two prime ministers to move forward with the project which serves the interests of the two brotherly peoples by opening a new port for Iraq's oil exports and granting Jordan the right to buy 150,000 barrels of oil per day through the pipeline Which is estimated to cost about 5 billion dollars. 

      Zwati praised the brotherly ties between Jordan and the Republic of Iraq, especially in the energy field, stressing the importance of joint projects in the service of the two countries and the interests of the two brotherly peoples. 

      Iraqi Prime Minister Adel Abdul-Mahdi announced Tuesday that the Iraqi cabinet has approved the Iraqi-Jordanian pipeline project, stressing that any impediment to the export of oil through the Strait of Hormuz will affect the Iraqi economy, which depends on oil imports and the Council of Ministers is considering alternatives to find different paths And diversified to ensure the continuation of the movement of Iraqi oil exports in a streamlined manner. 

      For his part, Deputy Prime Minister for Energy and Minister of Oil Thamer Ghadhban said that the Cabinet approved the project of export (Rumaila - Aqaba) capacity of one million barrels per day through the implementation of a pipeline project to transport crude oil from oil fields in Rumaila Basra to the port of Aqaba on the sea the Red. 

      The Jordanian and Iraqi sides agreed at the end of talks for the two prime ministers of the two countries on February 2 to start studies necessary for the construction of Iraqi-Jordanian oil pipeline, which runs from Basra through Haditha and then to the port of Aqaba. 

      On the other hand, the two sides discussed the latest developments in supplying Jordan with about 10,000 barrels of crude oil per day. 

      In January, Iraq agreed to supply Jordan with Kirkuk crude from the Baiji plant in accordance with a price formula linked to the price of Brent crude, minus transportation costs and different specifications.
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