• Sun. May 19th, 2024

Jordan, Iraq Economic Forum: Promoting Cooperation and Investment Opportunities

BySamantha Jones

May 6, 2024
Enhancing Partnerships between Jordan, Iraq, and the Region: A Focus on Economic Development

The Economic Forum for Financial, Industrial, and Commercial Partnerships between Jordan, Iraq, and the region was officially launched by Jordanian Minister of Investment Kholoud Al-Saqqaf on Sunday. This two-day event is being held at the King Hussein Convention Center in the Dead Sea region and is considered the largest regional Jordanian-Iraqi economic gathering for business.

During the opening ceremony, Al-Saqqaf emphasized the importance of building economic interconnection, strengthening cooperation in various sectors, and creating sustainable partnerships to enhance regional integration. She also spoke about the new investment environment law in Jordan, highlighting its provisions for equality between foreign and local investors in terms of rights and duties, legislative stability, and the preservation of investors’ acquired rights. The law includes incentives such as customs exemptions, tax discounts, and incentives for activities that target export markets, high-value-added activities, knowledge transfer, and the employment of Jordanian workers. Additionally, the law allows for the establishment of investment funds to attract investment capital from institutions.

The forum sessions will focus on highlighting investment opportunities in Jordan and Iraq, exploring commercial and industrial prospects in both countries

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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