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yota691

Carrefour Trebil achieves unprecedented revenues in one day

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I bought 4 pb tickets and am going to buy more this afternoon to go towards our DV pb pool. I hope we win. :)

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3 hours ago, 10 YEARS LATER said:

:wave: Howdy Synopsis! Some days I think these monkeys will drive me to drink  🍹 or go looney tunes... I survived my 1st roller coaster marriage with humor - reckon I'll do the same in this endeavor-have a good one, I'm off to The store to buy a Lottery Ticket $ 650 Million  _ I'm a gluten for punishment!!!!!

 

Yep, 10 Years Later - we all can use a Good Dose of Humor! Thank You! :twothumbs:

 

Go Moola Nova!

:pirateship:

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8 hours ago, Half Crazy Runner said:

 

Actually, I believe it's up to $700,000,000! 

 

Phew . . . the mind does boggle at what could be done with all that :moneybag:

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Economy News Baghdad:

"The meeting of Egyptian Minister of Trade and Industry Tariq Qabil and his Iraqi counterpart Salman Jumaili today comes in the context of the continuation of official meetings between senior Egyptian and Iraqi officials in order to improve the bilateral relations between the two countries," Iraqi Ambassador to Cairo Habib al-Sadr said.

In an interview with the Economist News on the sidelines of the ministerial meeting of the Economic and Social Council of the League of Arab States, the Iraqi ambassador said that the Egyptian minister put forward the idea of supplying Egypt with Iraq with Egyptian goods in return for supplying Iraq with crude oil. "He added that there is an upcoming visit to the Assistant President of National Projects Eng. Ibrahim Mahleb to Iraq to facilitate the entry of Egyptian workers to the Iraqi arena for the reconstruction of Iraq.

Al-Sadr said that Egyptian and Iraqi industry ministers discussed ways to boost bilateral relations and trade exchange, especially as there are encouraging new data in this area, including the reopening of the Arbil border crossing, which facilitates the flow of Egyptian goods to Iraqi markets. The opening of Arar port between the Iraqi-Saudi border for the passage of Egyptian goods through it to Iraq, and the good preparation of the Iraqi-Egyptian Joint Presidential Committee to be held soon in Baghdad. The Ministers also discussed the files and memorandums of understanding on the agenda of this High Committee KE headed by the prime ministers of both countries.

The Iraqi minister said that the two ministers discussed opening an Egyptian trade center in Baghdad to present investment opportunities and Egyptian goods available for export to meet all the questions of Iraqi businessmen and facilitate trade exchange, as well as discussing the establishment of Egyptian exhibitions in different Iraqi provinces such as the Egyptian exhibition in the holy city of Karbala Currently.

Al-Sadr noted that the two ministers discussed facilitating the entry of Iraqi businessmen and investors to Egypt, especially that Iraq has submitted to Egypt a list of 110 of them for the purpose of granting them a visa to Egypt for a year.

 

Views 22   Date Added 24/08/2017

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Economy News Baghdad: 

The Egyptian economic expert, Abdul Hafez Al-Sawy, that the return of economic relations between Iraq and Saudi Arabia will hurt Jordan a lot. 

Al-Sawy said in an article published by Al-Arabi Al-Jadid newspaper in London, which was read by the Economist News, that "after years of interruption, even decades, Saudi Arabia has resumed its political relations with Iraq, accompanied by economic commitments at the investment and commercial levels, Considering the common denominators and interests in the context of the Arab relationship, Jordan's trade relations with Iraq will be severely affected by the return of trade and economic relations with Saudi Arabia. In particular, Jordanian exports during 2016 were negatively affected with Iraq reaching JD 333 million (470 million) T), after it was 493.1 million dinars (696 million dollars) in 2015 ".

He added that the return of economic and trade relations between Saudi Arabia and Iraq will return more than economic benefit to Saudi Arabia, while at the same time harming Jordan, and on the other hand, Saudi Arabia will find in the Iraqi market, compensation for what it lost from the Qatari market, and there is no doubt that there is no comparison between The two markets, compared to the benefit of the Iraqi market in terms of population, estimated at the end of 2015 by 35 million people.

He pointed out that the Jordanian products will find a strong competition from the Saudi products, especially as the two countries produce a competing commodity. In the sense that both Saudi Arabia and Jordan produce Iraq's medicines, agricultural and food products or traditional industrial products. Or technology production.

 

 

Views 97   Date Added 08/25/2017

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26-08-2017 06:38 PM
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Member of the Parliamentary Security and Defense Committee (MP Mohammad Karbouli); Prime Minister Dr. Haider Abadi to deal transparently with the investment of the international highway between Iraq and Jordan. 

"The importance of opening and re-establishing the international highway will be in the interest of Iraq first. The province of Anbar will provide jobs for the Iraqis and will economically revive the towns and villages destroyed by the organization calling on the criminal terrorist. It will eliminate unemployment rates and encourage displaced people to return and settle in their cities. The burden on the state. 

The question of the fate of investment contracts signed by the federal government and the local government of Anbar with the US investment company, which promised the Iraqi prime minister in Anbar province to provide them with jobs and improve their economic situation and reconstruction of their destroyed cities. 

The member of the Committee on Security and Defense parliamentary; the readiness of volunteers from the tribes of the original Alnbriip and willingness to cooperate with the federal government and the US investment company to hold and secure and protect the international highway to Jordan and Syria without the need for the presence of popular mobilization forces, which will provide employment opportunities for young people And employ their energies to serve Iraq, and fulfills the promise of Prime Minister Haider Abadi.

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GMT 9:36 2017 Althelaia August 29 : Last Updated

Closed after a suicide attack in April 2015 carried out by a hasty organization

The Trebil crossing between Jordan and Iraq opens Wednesday

Nasr Al-Majali

  • tribil.jpg
    Taribil crossing from the Jordanian side
 
 

Naser al-Majali: With Jordanian Prime Minister Hani al-Mulqi promising on Monday to a pleasant surprise within 48 hours, government sources in Amman suggested that the Karama-Trebil border crossing with Iraq would open within the next 48 hours.

According to a Jordanian government source, the Jordanian and Iraqi security arrangements will be finalized. "On Wednesday, Jordanian journalists and representatives of the foreign press in the Kingdom will be arranged for a border crossing, And passenger transport by land between the two countries, to normal before closing in June of 2015.

Official sources expected that the heads of the Iraqi government, Haidar al-Abadi and Jordanian Hani al-Mulqi will participate in the celebration of the return of the border crossing.

Suicide attack

The Trebil crossing was closed in April 2015 after the implementation of the "Da'ash" a suicide operation killed 15 elements of the Iraqi border guards.

"The Da'ash organization attacked the headquarters of the second regiment of the border guards using suicide bombers and car bombs, killing 15 soldiers, including two officers," an Iraqi border guard said.

The commander of the Iraqi Falcon Regiment, Colonel Shaker Rishawi, announced on Monday the opening of the crossing officially and permanently before the end of August, after that the competent authorities have completed all security and service measures to secure the international road between Amman and Baghdad.

Direct staff work

He pointed out that all employees began their work at the Trebil crossing last week, with the operation of service units and laboratory testing devices in preparation for receiving goods coming from Jordan through Anbar through the port of Trebil.

The Iraqi News Agency (Petra) quoted Iraqi Interior Minister Qassem al-Araji as saying that he expected the opening of the border port of Tripoli with Jordan after the minister's visit to the border port and his meeting with the security leaders on the progress of the work and preparations for reopening it.

According to the agency, the completion of the necessary preparations and readiness to open the port of Trebil and the conduct of trade between Iraq and Jordan, stressing that this will be in the next few days.

Safia Al - Suhail

The Iraqi ambassador in Amman Safia al-Suhail, confirmed that the announcement of the opening of the Trebil crossing will be in the near future without setting an official date for it. She pointed out that the determination of history is linked to the Iraqi state, which will be announced after coordination and consultation with Jordan.

Al-Suhail said that the procedures are urgent and at the highest levels. Field visits were made to Iraqi officials at the crossing, and the Iraqi Interior Minister was expected to visit the crossing today. This led to speculation about the opening date. This visit is an exploratory visit to find out all the procedures related to the border crossing between the two countries. To inform the Prime Minister about the size of the work and then to determine the date of opening the Jordanian-Iraqi borders.

Al-Suhail confirmed that Iraqi Prime Minister Haidar al-Abadi follows up on the details of the procedures that are taking place on the Jordanian-Iraqi border and held several security and logistical meetings with all the concerned ministries.

The Iraqi ambassador said that part of the consultations held by Iraqi Defense Minister Irfan al-Hayali with Jordanian Joint Chiefs of Staff Chairman Mahmoud Freihat was about the Trebil crossing, in addition to the security coordination between the two countries.

Modern Saadi

The head of the Iraqi Business Council in Jordan, Dr. Majid al-Saadi, said that the border crossing of Trebil between the Kingdom of Jordan and Iraq will be opened at the beginning of September.

"The opening of the Trebil crossing" will be in the early days of next September, under the auspices of Iraqi Prime Minister Dr. Haider Abadi. "

Al-Saadi revealed in a statement to the Jordanian newspaper Al-Ghad on the intention of the Iraqi Interior Minister to visit the crossing in a few days to inspect it and to find out all the minute details before opening it officially. The visit will be followed by a visit by the Iraqi Minister of Defense to ensure the "safety and security of the international road" .

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AUGUST 29, 2017 / 2:16 PM / 5 HOURS AGO

Jordan border crossing with Iraq to reopen in major boost to ties

 

Suleiman Al-Khalidi

4 MIN READ

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AMMAN (Reuters) - Jordan will open its main border crossing with Iraq on Wednesday for the first time since 2015 now that Iraqi forces have gained control of the main highway to Baghdad from Islamic State militants, officials said on Tuesday. 

Iraqi troops pulled out of the Tureibil post, on the 180 km (110 mile) border, in the summer of 2014 after the militants secured nearly all the official crossings of the western frontier as they swept through a third of the country. 

Commercial traffic continued for a year after until Iraq launched an offensive in July 2015 to reclaim the predominately Sunni Anbar province and deprive the militants of funds raised from truck drivers forced to pay a tax on cargo coming in from Jordan. 

Officials have said that customs and border arrangements have been finalised, with security measures in place to ensure the 550 km highway from the border to Baghdad was safe. 

“The opening of the crossing is of great importance to Jordan and Iraq ... It’s a crucial artery. Jordan and Iraq have been discussing reopening it for a while,” Interior Minister Ghaleb al Zubi said last week. 

Zubi did not give a date then, but several trade and business officials have said they have been invited to an event on Wednesday to mark the re-opening that would include senior Jordanian and Iraqi officials. 

 

Since last year, the Iraqi army has regained most of Anbar province’s main towns that fell to the ultra-hardline jihadist group. 

The vast sprawling desert province is an historic hotbed of the hardline Sunni insurgency sparked by 2003’s U.S.-led invasion of Iraq, which empowered the oil-rich nation’s Shi’ite majority. 

Iraq has also been working on securing the highway that connects Iraq’s Basra port in the south to Jordan, where the Red Sea port of Aqaba has long served as a gateway for Iraqi imports coming from Europe. 

Although the highway has been secured after driving out the jihadists, the threat of hit-and run attacks on convoys and the army are ever present, according to security experts. 

There have been several attacks by militants near al-Rutba town, the last town before the border with Jordan. 

A senior Western diplomatic said Iraqi authorities have awarded a contract to a U.S. security company that will employ a local force to secure the highway. The source gave no further details. 

Jordan hopes the reopening of the route will revive exports to Iraq, once the kingdom’s main export market, accounting that accounted for almost a fifth of domestic exports or about $1.2 billion a year, according to the International Monetary Fund. 

They have fallen by more than 50 percent from pre-crisis levels.

“This will increase industrial exports and also revive the two countries’ trucking industry. It’s a major boost to the economy,” Nael Husami, general manager of the Amman Chamber of Industry, adding transport costs would fall by nearly half. 

Jordanian exporters have had to use more expensive sea routes to Iraq’s Um Qasr port or another land route across Saudi Arabia and Kuwait, businessmen have said. 

The restoration of trade links will also give a push to an oil pipeline project running from Basra to Aqaba. Prime Minister Hani al Mulki had visited Baghdad earlier this year to revive the frozen project. 

Jordanian officials are hopeful the crossing with Syria on its northern border can also open by the end of the year once a U.S.-Russian de-escalation zone in southwest Syria that includes the area is cemented. 

The International Monetary Fund recently said that prolonged conflicts in neighboring Syria and Iraq were weighing on the kingdom’s debt-ridden economy and the opening of these export routes would boost economic growth.

 

https://www.reuters.com/article/us-mideast-crisis-jordan-iraq-idUSKCN1B92ER

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Economy News _ Baghdad

The two governments of Iraq and Jordan announced Wednesday the opening of the border crossing of Trebil on Wednesday. 
"The re-opening of the Trebil crossing, which came after securing the international road from criminal gang attacks, will constitute a qualitative shift in the level of bilateral relations between the two brotherly countries through this vital artery in various humanitarian and economic fields, especially commercial ones," said a joint statement of the two governments. Will facilitate the movement of citizens and goods in both directions. " 
"The two governments pledge to make every effort through their joint cooperation to achieve the smooth flow of citizens and trucks in both directions."

Iraq had closed the port after the invasion of an organization calling for areas and cities in mid-2014, including large parts of Anbar province, and Iraqi forces were able to take control of the port in the month of May 2016.

 
Views 73   Date Added 08/30/2017
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Release date: 2017/8/29 23:25 • 710 times read
Jordan comments on the reopening of the Trebil crossing and reveals its losses from the closure

Jordan has suspended Iraq's decision to reopen the border crossing between Tripoli and Tripoli since 2014 because of military operations in Anbar province.
Prime Minister Haider al-Abadi said Tuesday that the crossing would be opened on Wednesday with Jordan and would be a pilot for trucks transporting goods to be another stage for citizens, adding that "a joint statement will be issued by the two countries on the occasion." The 
Chairman of the Amman Chamber of Commerce Issa Haider Murad In a statement that "the opening of the border crossing with Trebil border with Iraq represents the lifeline of the national economy as a whole and will give a strong impetus to the growth of the sectors of trade and service and productivity. 
" Murad said in a statement today that "Iraq represents an important trade artery of Jordan in terms of re-export, 75 In comparison to 2014 before the closure of the crossing. "

Murad appreciated the efforts made by Jordan's King Abdullah II to reopen the border between the two countries through his meetings with various Iraqi political leaders and his keenness to promote and develop economic relations with Iraq as an important trading partner for Jordan. He also praised the efforts exerted by the government to reopen the crossing, Communicate and coordinate with the Iraqi government and its various institutions. 
He stressed that the opening of the crossing again after the closure since 2014 is a great opportunity for the domestic export sectors to increase their production capacity and expansion within the Iraqi market again, "noting that" the opening of the crossing will reflect the activity of the free zones in the Kingdom, which declined after closing because Jordan is a logistics area For the re-export of Iraq.
He added that the closure of the crossing since 2014 caused the export sectors losses of about one billion dollars, together with the closure of a number of factories and the reduction of production volume, stressing that the opening of the crossing reflected positively on both sides in terms of increasing exports and imports, amid expectations of increasing investment opportunities between the two countries. . 
He pointed out that the Iraqi market is one of the markets in which the product finds Jordan a great place, and the opening of the crossing will contribute greatly to increasing the volume of national exports, which suffered a decline during the first half Of the current year by 1.6 percent, thus reducing the deficit in the balance of trade. " 
The number of Iraqi partners registered with the Amman Chamber of Commerce is currently 1801 and the size of capital amounted to 188 million dinars distributed across all commercial sectors in the capital Amman.
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Release date: 2017/8/30 10:30 • 111 times scheduled
Re-opening the Trebil crossing, Iraq and Jordan vow to smooth the flow
[Ayna-Baghdad] 
was returned on Wednesday, to open the border crossing of Trebil between Iraq and Jordan after a stop for more than 3 years.
A joint statement issued by the Iraqi Prime Minister's Office and the Iraqi News Agency (KNA) said that the opening was "within the framework of the efforts of the Government of the Republic of Iraq and the Government of the Hashemite Kingdom of Jordan and their keenness to strengthen their bilateral relations in various fields. Strengthen brotherly ties and cooperation for the benefit of their two neighboring peoples. " 
"The re-opening of the Trebil crossing, which comes after securing the international road from criminal gang attacks, will constitute a qualitative shift in the bilateral relations between the two brotherly countries through this vital artery in various humanitarian and economic fields, especially commercial ones," he added.
"The two governments pledge to make every effort through their joint cooperation to achieve the smooth flow of citizens and trucks in both directions," he said, adding that "the reopening of this vital crossing will serve the interests of the two peoples and enhance the chances of security, stability and development in the two neighboring countries." 
He noted that the opening was "coinciding with victorious victories achieved by the heroic Iraqi forces in the liberation of the land and the extension of state sovereignty and defeat the terrorist gang, which led to the return of life to Iraqi cities and border areas, and dedicated to the joint efforts of the countries, Levels ". 
Prime Minister Haider al-Abadi said on Tuesday that the Trebil crossing will be opened on Wednesday with Jordan experimentally for truckloads of goods to be another stage for citizens. "
The Jordan Chamber of Commerce estimated the country's losses since the closure of the crossing in 2014 due to military operations and the pursuit of terrorists in Anbar province of $ 1 billion.
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URGENT: Preliminary pictures of the opening of the port of Trebil in the presence of the ministers of defense and interior

Readers

 

 

8

URGENT: Preliminary pictures of the opening of the port of Trebil in the presence of the ministers of defense and interior

 

30-08-2017 11:55 AM

 

The Euphrates -

 

Al-Furat received preliminary pictures of the opening of the border port of Trebil in the presence of Iraqi interior and defense ministers and Jordanian Interior Minister.

 

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Re-opening the Trebil crossing

   
 

 
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31/8/2017 12:00 am 

 BAGHDAD / Al-Sabah:  As part of the government's efforts to develop economic and trade relations with neighboring countries, the Interior Minister and his Jordanian counterpart opened on Wednesday the Taribil border crossing between the two countries officially after securing the international road. This comes at a time when Saudi Arabia offered to the Iraqi government to bear the cost of building the port of Gemayma border in Muthanna province. Anbar provincial council member Hamid al-Dulaimi said in a press statement that Interior Minister Qassim al-Araji and Defense Minister Irfan al-Hayali and a number of Jordanian cabinet members, led by Interior Minister Ghaleb al-Zu'bi, officially opened the border crossing on Wednesday.
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Trabil border crossing with Jordan
 

 

Economy News Baghdad:

Jordanian economic activities have confirmed that the reopening of the Iraqi Trebil crossing would constitute a pillar of the national economy and would give impetus to many economic sectors, especially after Jordanian exports incurred losses of more than $ 1 billion since the closure of the crossing two years ago.

In this regard, the Chairman of the Board of Directors of the Jordan Chamber of Industry, Adnan Abu Ragheb, stressed that "the opening of the crossing again is a great opportunity for the various industrial sectors to increase their production capacity and expansion within the Iraqi market, as the industrial sector will participate in the Baghdad International Fair held before the end of this year "He said.

Abu Ragheb pointed to the importance of the Iraqi market to the Jordanian industrial sector as it is considered "the most important and largest export markets for Jordanian industrial products," stressing that Jordan "looks forward to being a party to the reconstruction operations in the liberated areas of Iraq."

For his part, the head of the Jordan Exporters Association, Engineer Omar Abu Sashaa, said that "the reopening of the crossing will restore life to the two countries' commercial relations, especially in terms of Jordanian industrial goods and products," praising the government efforts exerted in this regard.

He said in a press statement that "the opening of Trebil will constitute a qualitative shift in the level of bilateral economic relations between the two countries, and facilitate the movement of citizens and goods in both directions, reflecting on their common interests."

He pointed out that Jordanian exports to Iraq have decreased since the closure of the Trebil crossing from $ 1.5 billion to about $ 560 million by the end of last year, pointing out that Jordanian exports to the Iraqi market constituted about 20% of the total exports of the Kingdom.

For his part, Chairman of the Association of Prosperity for businessmen Fahd Taweelah that the crossing "Trebil" border with Iraq is an important and vital artery of the national economy.

"The reopening of the crossing will be a major boost for the national economy and will enable the owners of factories to operate the production lines at full capacity, which will positively affect employment and employment and contribute to reducing the unemployment problem," Taweelah said.

For his part, President of the Association of Jordanian Businessmen, President of the Union of Arab Businessmen, Hamdi Tabbaa, praised the government's efforts to reopen the Trebil crossing, stressing that "this will have a direct impact on various economic sectors."

"The opening of the crossing will contribute to reducing the recession in the Jordanian economy due to the unstable political and security situation in the region," he said, adding that "Iraqi markets are a major destination for the export of Jordanian goods and services."

In turn, the Chairman of the Jordanian Palestinian Business Forum, Dr. Talal Albo, stressed the importance of reopening the border crossing of Trebil with Iraq for the national economy and its role in moving the wheel of the national economy.

"The opening of the crossing will enable the economy to achieve higher growth rates, thereby creating jobs and contributing to reducing the problems of unemployment and poverty," he said.

For his part, Director of Customs Alkarama Customs Colonel Nael Aweys readiness of customs cadres at the center to deal with the expected trade exchange between Iraq and Jordan after the resumption of traffic and freight between the two countries.

Aweys confirmed that "after the opening of the border in a formal manner was strengthened customs cadres at the center to deal with the movement of goods and cargo and passengers through it."

 

Views 44   Date Added 31/08/2017

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Trabil border crossing with Jordan
 

Economy News Anbar: 

Anbar provincial council member Ali al-Tharab announced on Thursday that the opening of the Trebil-Jordan and Arar ports with Saudi Arabia would revive Anbar's economy. 

"The opening of Arar port with Saudi Arabia will positively affect the economy of Anbar and Iraq in general because the convoys will continue between the two countries, especially that the Saudi products are known for their very high quality," he said, noting that "the opening of the port of Trebil is very important to the economy of Anbar" . 

He pointed out that "all roads leading to the perpetrators of Arar and Trebil are fully insured by the Anbar Operations Command," noting that "the perpetrators will lead to the elimination of unemployment and poverty in Anbar."

 

Views 88   Date Added 07/09/2017

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07-09-2017 01:15 PM
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The head of the Jordanian truck owners, Mohammed Khair al-Daoud, announced on Thursday that nearly six thousand trucks with high readiness to transport goods to Iraq through the port of Trebil. 

Al-Daoud added that "Jordanian trucks intended to deliver goods to Iraq during the coming periods are expected to be in several stages." He added that "the transport of goods through Jordanian trucks will begin after coordination with the competent authorities and the Iraqi Embassy." 

Al-Daoud pointed out that the truck owners' union held several meetings with the Iraqi embassy in Amman to discuss the transfer of goods to Iraq through the port of Trebil through obtaining visas and coordination with the competent authorities to discuss the process of transporting goods in the exchange fields.



The port of Trebil is of great importance to the trade exchange between the two countries to the importance of the Iraqi market for Jordanian exports, where Iraq is the second largest market for Jordanian products after the United States.

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Thanks Yota,

Wow 6000 trucks, that's a lot of stuff, and the money brought in on the tariffs of these goods. I'm liking this. :twothumbs:

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5 minutes ago, Wiljor said:

Thanks Yota,

Wow 6000 trucks, that's a lot of stuff, and the money brought in on the tariffs of these goods. I'm liking this. :twothumbs:

 

I agree, Wiljor!

 

If one truck is cleared a minute, that is sixty trucks cleared in an hour. So, 6,000 trucks would take 100 hours to clear. Pretty sure more are on the way and returning trucks will repeat the route!

 

I'd say that is pretty much a "steady stream" of trucks of commerce!!!  :backflip:   :backflip:   :backflip:

 

!!!Buenas Dias Mi Hermano!!!

 

Go Moola Nova!

:pirateship:

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28 minutes ago, Synopsis said:

 

I agree, Wiljor!

 

If one truck is cleared a minute, that is sixty trucks cleared in an hour. So, 6,000 trucks would take 100 hours to clear. Pretty sure more are on the way and returning trucks will repeat the route!

 

I'd say that is pretty much a "steady stream" of trucks of commerce!!!  :backflip:   :backflip:   :backflip:

 

!!!Buenas Dias Mi Hermano!!!

 

Go Moola Nova!

:pirateship:

 

Buenas dias hermanó,  a super day out to ya  :tiphat:

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Retail BOOM! in progress. Further diversification of the tax base. All good news for general consumption, health and jobs. Now, start filling those empty Jordanian trucks with Iraqi exports and we are sailing.:pirateship:

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Nice to see some more positive news. Let's hope it works it way to getting them out of Chapter VIII and adding value to the currency.  

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Minister of Labour

Sudan: Iraq has entered an important stage of stability and has promising investment opportunities

10/09/2017

 

 

 

 

(Independent) .. The Minister of Labor and Social Affairs and Minister of Industry and Agency Mohammed Shiaa Sudanese that Iraq has promising investment opportunities and "we have an interest in its presentation to various countries and economic gatherings."

Al-Sudani said in a press conference held at the Iraqi embassy in Amman on Saturday in the presence of Iraqi Ambassador to Jordan Safia al-Suhail that there is a demand for investment in Iraq from various countries in the region and the world, especially after the victories achieved by the terrorist. A task of security stability as well as clear political discourse and a government-backed approach to the private sector.

Al-Sudani said that he and his accompanying delegation will review the minutes of the meetings of the joint Iraqi-Jordanian committee previously signed between the two countries on the level of agreements and recommendations to address common issues, stressing that the crossing will be present strongly in the discussions to complete the rest of the requirements and facilitate the entry of investors and goods imported from Jordan and abroad.

He pointed out that one of the most important projects discussed by the Iraqi Iraqi Committee in Baghdad, which will be completed research and discussion in Jordan is the establishment of the industrial city in Anbar, indicating that there is a vision for the implementation through the Iraqi Iraqi company is an existing company which will facilitate a lot of procedures.

The Minister of Industry expressed his hope that the industrial city intended to be a large area for trade exchange for the existence of factories that provide products, whether Jordanian or Iraqi as they deal with many procedures related to the entry of Jordanian goods, noting the existence of legal equality between the Iraqi product and Jordanian manufactured outside Iraq in terms of fees and facilities .

In response to a question about the presence of road protection companies from Trebil to Baghdad, al-Sudani said that the Iraqi government is considering a project to protect the road and secure and implement service projects along the vital road and there are understandings up to the stage of the contract will be taken by a simple fee of road users for services provided within the direction of the state .

He added that we are counting on Jordan to attract some investors and Iraqi businessmen and industrialists capable of material and moral level. He expressed the hope that the meeting, which will explain the investment and legal opportunities, will speed up the establishment of investment projects in Iraq.

The Minister of Labor and the Minister of Industry and Agency had met on Saturday evening at the Iraqi embassy in Amman, a number of economists and Iraqi businessmen residing in Jordan.

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Is it any small wonder that that this region of the world takes soooooo loooong to get anything done ?

 

They talk everything to death, not recognizing the world has already moved on and before you know - we gotta drag these fools kicking and screaming into the 21st century - - - AND THE ARE NEITHER PREPARED NOR EQUIPPED TO HANDLE THE REAL WORLD ! ! ! !

 

. . . and they have the OIL - Who set this one up . . . Karma is a killer. If it were not for the OIL this entire region would still be a backwater.

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Economy News Baghdad:

Iraq and Jordan agreed on the establishment of a joint industrial city on the border between the two countries in order to increase trade exchange and support the establishment of joint projects between them and contribute to the reconstruction of Iraq.

The Jordanian and Iraqi sides met yesterday in separate meetings held between the Minister of Industry, Trade and Supply, the Minister of Industry and Minerals, the Minister of Industry and Minerals, and the Minister of Labor and Social Affairs of Iraq, Mohammed Shiaa Al-Sudani in the Ministry's building and the second in the Chamber of Industry in Jordan. Of the industrial sector. "

The newspaper quoted the judges as saying that "there is agreement and understandings with the Iraqi side on the establishment of a joint industrial city on the border between the two countries," noting that "the objective of the establishment of a joint industrial city is to promote trade exchange between the two countries and to establish a nucleus and the early reconstruction process in Iraq, Achieve mutual benefit for all parties. "

The two sides also agreed to form a trade committee to follow up the implementation of the provisions of the free trade agreement signed between them which entered into force on 15/3/2013 and follow up any trade obstacles between the two countries.

The two sides also agreed on the speedy completion of the lists of Jordanian goods, which will be exempted from Iraqi customs duties imposed on Iraqi imports and by 30%, especially with the start of an Iraqi committee to visit Jordanian factories to see their production capacity.

As for the exemption of national goods from Iraqi fees, the judges pointed out that "an Iraqi committee began before the Eid al-Adha field visits to Jordanian factories from different sectors to identify the production capacity."

The judges expected that "the Iraqi Commission will end the disclosure of Jordanian factories next week," noting that "there is a consensus on the basic principles with the Iraqi side in this particular, not to include the exemption of goods produced in Iraq and cover a large proportion of the needs of the market."

He explained that "the Iraqi industry, which does not cover a large proportion of the needs of the Iraqi market, the Iraqi authorities will consider the file exemption of these products fees based on the Commission's recommendation."

The judges urged Jordanian companies to "prepare and enter into strategic partnerships with the Iraqi side to participate in reconstruction projects," stressing that "Jordan views Iraq not as a market but as a strategic partner in all fields."

 

Views 234   Date Added 11/09/2017

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