Jordan’s Minister Yarub Qudah and Iraqi Prime Minister Mohammed Sudani met in Baghdad to enhance economic relations. They signed a memorandum of understanding focusing on standardisation and quality control and discussed initiatives such as the joint border economic city and the Iraq Development Road project. The Joint Trade Committee aims to bolster mutual benefits through cooperation in trade and industry.
On February 3, 2025, Jordan’s Minister of Industry, Trade, and Supply, Yarub Qudah, conferred with Iraqi Prime Minister Mohammed Sudani in Baghdad concerning the enhancement of economic and commercial relations between their nations. Their discussions were part of the Jordanian-Iraqi Joint Trade Committee meetings, concentrating on strengthening industrial cooperation and promoting economic partnerships.
The talks highlighted the development of a joint border economic city, aiming to foster economic integration and spur investment opportunities. Participants prioritized reviewing the Iraq Development Road project, which encompasses strategic initiatives intended to generate mutual benefits for both countries.
Minister Qudah emphasized Jordan’s support for Iraq’s upcoming Arab Summit in Baghdad later this year. Conclusively, the Joint Trade Committee finalized its meetings by signing a memorandum of understanding between Qudah and Iraqi Minister of Trade, Atheer Ghurairi, focusing on standardisation and quality control in commercial activities.
The discussions also incorporated aspects of cooperation in trade, industry, and customs, with plans for scheduling future sessions. Furthermore, Minister Qudah engaged with various Iraqi officials regarding economic collaboration, participated in the inauguration of the Baghdad International Fair, and took part in the Jordanian-Iraqi Business Forum held earlier.
The meeting between Jordan and Iraq comes at a time when both countries seek to enhance their economic ties more firmly. The Jordanian-Iraqi Joint Trade Committee plays a pivotal role in fostering economic cooperation, advocating for collaborative projects that aim at mutual benefits. The sectoral focuses include industry, trade, customs, and quality control, which are integral in enhancing bilateral trade relations. The establishment of a joint economic city at the border further signifies the commitment to long-term economic integration.
In summary, the discussions between Jordan and Iraq underscored a commitment to strengthening economic relations through cooperative initiatives and strategic projects. The signing of a memorandum of understanding marks a significant step towards enhancing quality control and collaborative efforts in various sectors. The concerted efforts between both nations signal a promising advancement in their economic partnership.
Original Source: jordantimes.com