Jordan and Iraq Strengthen Economic Relations Through MoU and Joint Initiatives
Jordan’s Minister of Industry Yarub Qudah met Iraqi Prime Minister Mohammed Sudani in Baghdad to enhance economic relations. They discussed a joint border economic city and the Iraq Development Road project. The Joint Trade Committee concluded its meetings by signing a memorandum for trade and industry cooperation. Future sessions are planned to strengthen collaboration further.
On February 3, 2025, Minister of Industry, Trade, and Supply Yarub Qudah convened with Iraqi Prime Minister Mohammed Sudani in Baghdad to advance economic and commercial bilateral relations. The discussions were part of the Jordanian-Iraqi Joint Trade Committee sessions, concentrating on enhancing industrial cooperation between the two nations.
The dialogue encompassed the development of a joint border economic city, aimed at fostering economic integration and investment opportunities. Additionally, they reviewed the Iraq Development Road project, intending to facilitate mutual economic benefits for both countries.
Minister Qudah emphasized the Jordanian government’s support for Iraq’s initiative to host the Arab Summit in Baghdad later this year. Following the talks, the Joint Trade Committee successfully concluded its meetings with the signing of a memorandum of understanding on standardization and quality control between Qudah and Iraqi Minister of Trade Atheer Ghurairi.
The agreement aims to improve cooperation in trade, industry, and customs. Further discussions resulted in a consensus to schedule upcoming sessions to continue advancing their collaboration. Minister Qudah also engaged with various Iraqi officials and attended the opening of the Baghdad International Fair, as well as the Jordanian-Iraqi Business Forum.
The recent meeting between Jordanian and Iraqi officials highlights the ongoing efforts to strengthen economic ties between the two nations. The purpose of these discussions is to enhance collaboration in various sectors such as trade and industry, laying the groundwork for further investment and economic projects that benefit both sides. The establishment of a joint border economic city and the Iraq Development Road project signals a commitment to greater regional integration.
The meeting between Yarub Qudah and Mohammed Sudani signifies a deliberate step towards enhancing economic relations between Jordan and Iraq. The signing of the memorandum of understanding marks a pivotal moment in their collaborative efforts to improve trade and industry standards. Continued dialogue and scheduled future meetings are expected to bolster partnerships and mutual economic growth in the region.
Original Source: jordantimes.com
