Iraqi Prime Minister Muhammed S. Al-Sudani met with Jordanian Minister Yarub Qudah to discuss progress on a joint border economic city. They emphasized enhancing bilateral relations and economic cooperation, while also addressing the Development Road project. The meeting highlighted mutual support for upcoming regional initiatives and aims to attract investments between the two countries.
On Monday, Iraqi Prime Minister Muhammed S. Al-Sudani held discussions with Mr. Yarub Qudah, the Minister of Industry, Trade, and Supply from the Hashemite Kingdom of Jordan. This meeting explored the development of a joint border economic city, aiming to promote economic integration and investment opportunities between Iraq and Jordan. Additionally, the Minister extended greetings from King Abdullah II of Jordan, underscoring the kingdom’s support for Iraq’s upcoming Arab League Summit in Baghdad.
During the meeting, the leaders evaluated the state of bilateral relations, emphasizing the importance of enhancing cooperation in various economic and trade sectors. The discussions also highlighted the initiatives of the Iraqi-Jordanian Joint Trade Committee, aimed at fostering collaboration between the private sectors of both nations. This agreement presents significant economic benefits for both Iraq and Jordan, seeking to boost trade and industrial partnerships.
Furthermore, the agenda encompassed the ongoing initiatives related to the Development Road project, which constitutes a pivotal component of economic collaboration in the region. Overall, the talks indicated a strong commitment from both parties to enhance connectivity and synergize growth efforts, fostering an environment conducive for foreign investment and regional economic stability.
The joint border economic city initiative exemplifies a strategic move by Iraq and Jordan to bolster economic ties and create a hub for trade and investment. Historically, both nations have shared a complex relationship, marked by cooperation in various fields, particularly following geopolitical shifts in the region. The development of this economic zone aims to dismantle trade barriers and streamline operations, contributing positively to both national economies.
In conclusion, the recent discussions between Iraq and Jordan signify a decisive step toward strengthening bilateral economic relations through the establishment of a joint border economic city. The collaboration not only seeks to enhance industrial and trade ties but also to foster a more integrated economic landscape in the region. These efforts are essential for attracting investments and stimulating growth for both nations.
Original Source: ina.iq