Jordan and Iraq Strengthen Economic Ties Through MoU Signing

Jordan’s Minister of Industry, Trade, and Supply, Yarub Qudah, engaged with Iraqi Prime Minister Mohammed Sudani in Baghdad to enhance bilateral relations in economic and commercial sectors. Their discussions led to the signing of a memorandum of understanding, emphasizing the importance of collaboration on trade and industrial projects like the Iraq Development Road. The meetings, part of the Jordanian-Iraqi Joint Trade Committee, aimed to reinforce partnerships and facilitate investment between the two nations.

On February 3, 2025, Minister of Industry, Trade, and Supply Yarub Qudah met with Iraqi Prime Minister Mohammed Sudani in Baghdad to deepen economic and commercial relations between Jordan and Iraq. Their discussions, held during the Jordanian-Iraqi Joint Trade Committee meetings, emphasized enhancing industrial cooperation and advancing the joint border economic city to foster economic integration and partnerships.

The meeting also addressed the progress of the Iraq Development Road project, aiming to highlight its strategic relevance and collective benefits. Minister Qudah expressed the Jordanian government’s support for Iraq’s upcoming role in hosting the Arab Summit later this year.

Furthermore, the joint committee concluded its session by signing a memorandum of understanding concerning standardization and quality control, as confirmed by Petra. Both parties agreed to continue dialogues regarding trade, industry, customs, and future collaborations at a later meeting.

Additionally, Minister Qudah engaged with various Iraqi officials and ministers, participated in the Baghdad International Fair, and attended the Jordanian-Iraqi Business Forum held on February 2, 2025, demonstrating Jordan’s commitment to enhancing bilateral economic ties.

The meeting between Jordan and Iraq is set against the backdrop of both nations seeking to strengthen their economic collaboration amid regional instability. Economic integration efforts may involve various sectors, including trade and infrastructure development, specifically through initiatives like the Iraq Development Road project, which is intended to enhance connectivity and trade flows between both countries. The establishment of a joint border economic city represents a significant effort to create a cooperative economic environment that can drive investment and partnerships. The Jordanian-Iraqi Joint Trade Committee serves as a platform to formalize agreements and facilitate ongoing dialogue aimed at boosting trade relations and mutual economic benefits. Jordan and Iraq share historical ties, and their renewed focus on economic cooperation comes as both nations look to bolster stability and growth, particularly in the context of broader regional challenges.

In conclusion, the recent meetings between Jordan’s Minister of Industry, Trade, and Supply and Iraq’s Prime Minister aimed to fortify economic and commercial relations through various agreements and initiatives. The signing of the memorandum of understanding for standardization and quality control marks a pivotal step in enhancing collaboration. The commitment to joint projects and continued dialogue underscores the strategic importance of this partnership for regional development and integration.

Original Source: jordantimes.com

About Carmen Mendez

Carmen Mendez is an engaging editor and political journalist with extensive experience. After completing her degree in journalism at Yale University, she worked her way up through the ranks at various major news organizations, holding positions from staff writer to editor. Carmen is skilled at uncovering the nuances of complex political scenarios and is an advocate for transparent journalism.

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