Working as a symbol of joint business councils between the Hashemite Kingdom of Jordan and the Republic of Iraq
To serve the private sector in the Hashemite Kingdom of Jordan and the Arab Republic of Iraqi and to encourage mutual investment on both sides and work to overcome obstacles that prevent this
Jordanian - Iraqi Business Council
The Jordanian-Iraqi Business Council was established on 9/6/2003
To serve the private sector in the Hashemite Kingdom of Jordan and the Arab Republic of Iraqi and to encourage mutual investment on both sides and work to overcome obstacles that prevent this
The Jordanian Businessmen Association and the Iraqi Businessmen Association wish to develop and support economic, industrial and commercial relations in all fields on the basis of mutual benefit and common development, thus strengthening solidarity and enhancing economic integration between Iraqi businessmen and businessmen. And based on the ties of brotherhood between the two countries and the historical relations between the two countries. Believing in the importance of working on the development and diversification of investments and exchanges between Iraq and the Hashemite Kingdom of Jordan through formulas adapted to the nature of orientations and economic developments on the regional and international arenas.The Jordanian-Iraqi Business Council was established.
To serve as symbol for joint business councils between the Hashemite Kingdom of Jordan and the Republic of Iraq.
Jordan is an Arab country located in the southwest of Asia. Its official name is the Hashemite Kingdom of Jordan. Its capital is Amman. Jordan borders the Syrian Arab Republic to the north, Saudi Arabia to the north, Palestine to the west and the Arab Republic of Iraq to the east.
Jordan is a small country in terms of area, population and limited resources, the size of the Jordanian economy is small compared to the economies of other Arab countries, especially the neighboring countries, but it has a number of good features in terms of geographical location and strategic climate. Jordan's economy is soundly capable of adapting to domestic and external shocks and achieving stable growth rates and continues to perform strongly in many financial and economic indicators. The Kingdom's economy relies mainly on commercial services, tourism, pharmaceuticals and some extractive industries such as fertilizers. Jordan has natural resources from Phosphate Jordan is considered the third largest exporter of phosphate in the world, followed by potash, salts, limestone.
Jordan has rapidly privatized most of the state-owned sectors, liberalized the economy, stimulated unprecedented growth and created six special economic zones that attracted large investments in Aqaba, Mafraq, Ma'an, Ajloun, the Dead Sea and Irbid. The government established a large number of industrial zones with economic advantages Generous to investors, which produce goods in the textile, pharmaceutical, cosmetic, defense, telecommunications and information technology sectors.
The Iraqi Republic, with its capital Baghdad, is located in the western part of Asia. It supervises the Arab Gulf, a federal parliamentary state, and joins the League of Arab States, the Organization of the Islamic Conference and the Organization of the Petroleum Exporting Countries.
The Republic consists of 18 officially recognized governorates and an informal governorate of Halabja. These governorates have a population of approximately 37,056,169 according to the 2015 census. Arab communities account for 80% of the total population. 15%, while the rest are divided among Assyrians, Turkmen, Armenians and other minorities.
The oil sector captures the economy of the country. It accounts for 95% of Iraq's national income. The first Gulf War has caused losses of about $ 100 billion. Foreign investment also affects economic activity, especially in the energy, urban and retail sectors. The country is also responsible for raising oil reserves. Fish stocks also affect the Iraqi economy. About 105,168 tons of fish are produced from the country's inland waters, while marine fish have reached 5314 tons. Phosphate, salt and sulfur.