April 4, 2025

Discussing ways to strengthen economic and investment relations with Iraq

Minister of State for Economic Affairs Muhannad Shehadeh, Minister of Investment Muthanna Gharaibeh, and Minister of Transport Wissam Tahtamouni discussed on Wednesday with the Chairman of the Iraqi Business Council in Jordan, Dr. Majid Al-Saadi, and the accompanying delegation, ways to strengthen economic relations, increase investments, and increase business visits between the two countries.During the meeting, Shehadeh stressed the government's openness to everything that would facilitate trade, economic, and investment dealings with various sister Arab countries, especially Iraq, which has deep ties with the Kingdom, based on the directives of the leaderships of the two countries.Shehadeh presented the major projects that the Kingdom seeks to implement in various fields, in order to provide a better life for Jordanians, achieve sustainable development, and enhance economic growth.

He pointed out the importance of strengthening relations with the private sector, as it is an important complement to the national economy.For her part, Tahtamouni pointed out the many special advantages of the transportation sector between Jordan and Iraq, in terms of air transport, land freight, and ports, stressing her readiness to provide all necessary facilities in this regard, in a way that enriches the economic relationship between the two parties, especially in light of the circumstances facing the region.For his part, Al-Gharaibeh stressed the need to exploit the potential opportunities in both countries, and take all necessary measures to enhance the establishment and localization of projects in various economic sectors, and to draw on successful business models in the investment fields.In turn, Al-Saadi called for supporting and facilitating the work of Iraqi investors, especially since Iraqi investments in the Kingdom are large and diverse, in terms of existing projects and deposits, which confirms the importance and activity of the Jordanian market.The attendees discussed ways to overcome the challenges facing trade exchange, the sustainability of investment projects, the promotion of investment in both countries, and the stability of legislation, regulations, instructions, and other matters.