Enhancing Partnerships between Jordan, Iraq, and the Region: A Focus on Economic Development

The Economic Forum for Financial, Industrial, and Commercial Partnerships between Jordan, Iraq, and the region was officially opened by Jordanian Minister of Investment Kholoud Al-Saqqaf on Sunday. This forum, organized by the Iraqi Business Council in collaboration with the Jordanian and Amman Chambers of Industry, is being held for two days at the King Hussein Convention Center in the Dead Sea region. It is considered the largest regional Jordanian-Iraqi economic gathering for business.

During the opening ceremony, Al-Saqqaf emphasized the importance of building economic interconnection, strengthening cooperation in various sectors, and creating sustainable partnerships to enhance regional integration. She also spoke about the new investment environment law in Jordan, highlighting its provisions for equality between foreign and local investors in terms of rights and duties, legislative stability, and the preservation of investors’ acquired rights. The law includes incentives such as customs exemptions, tax discounts, and incentives for activities that target export markets, high-value-added activities, knowledge transfer, and the employment of Jordanian workers.

The forum sessions will focus on highlighting investment opportunities in Jordan and Iraq

By Samantha Johnson

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