Jordan and Iraq Strengthen Economic Relations through MoU Signing

Jordan’s Minister Yarub Qudah and Iraqi Prime Minister Mohammed Sudani convened in Baghdad to enhance economic and commercial relations. They focused on joint projects, particularly the economic city and the Iraq Development Road. An MoU for standardization and quality control was signed, marking a commitment to ongoing economic cooperation between the two nations.

On February 3, 2025, Minister of Industry, Trade, and Supply Mr. Yarub Qudah met with Iraqi Prime Minister Mr. Mohammed Sudani in Baghdad. Their discussions aimed at enhancing bilateral relations in economic and commercial sectors focused on industrial cooperation and fostering partnerships between Jordan and Iraq.

During the meeting, attended by the Jordanian-Iraqi Joint Trade Committee, significant points were raised regarding the joint border economic city initiative. This project seeks to enhance economic integration and stimulate investment between the two nations, alongside a review of the Iraq Development Road project aimed at mutual benefits.

Following their discussions, a memorandum of understanding (MoU) was executed between Mr. Qudah and Iraqi Minister of Trade Mr. Atheer Ghurairi. This agreement emphasizes standardization and quality control, ensuring closer cooperation in trade and industry while facilitating discussions to manage customs procedures effectively.

Mr. Qudah also engaged with various Iraqi ministers to strengthen bilateral economic cooperation and actively participated in the Baghdad International Fair and the Jordanian-Iraqi Business Forum. The event served as a platform for enhancing trade links and promoting investment opportunities in the region.

The recent meeting between Jordanian and Iraqi officials marks a pivotal step in solidifying economic ties between the two countries. With a focus on commercial collaboration, the discussions highlight the importance of creating shared goals and addressing mutual economic challenges. The Jordan-Iraq Joint Trade Committee plays a fundamental role in facilitating dialogue and ensuring that bilateral trade agreements are successfully implemented.

In conclusion, the discussions between Jordan and Iraq signify a robust commitment to enhancing economic collaboration. The signing of the MoU underscores the focus on standardization to boost trade, while ongoing engagement through various platforms aims to strengthen bilateral partnerships and mutual economic development. Both nations are poised to benefit from these initiatives, fostering a sustainable economic relationship.

Original Source: jordantimes.com

About Maya Chowdhury

Maya Chowdhury is an established journalist and author renowned for her feature stories that highlight human interest topics. A graduate of New York University, she has worked with numerous publications, from lifestyle magazines to serious news organizations. Maya's empathetic approach to journalism has allowed her to connect deeply with her subjects, portraying their experiences with authenticity and depth, which resonates with a wide audience.

View all posts by Maya Chowdhury →

Leave a Reply

Your email address will not be published. Required fields are marked *