Agreement on The Establishment of A Joint Industrial Zone Between Jordan and Iraq

30-Dec-2018

Iraqi Prime Minister Adel Abdul-Mahdi said in a joint press conference with Prime Minister Omar al-Razzaz in the Iraqi capital Baghdad that Iraq agreed with Jordan to establish a joint industrial zone on an area of 24 km 2.
According to a joint statement of the official talks between the Iraqi and Jordanian delegations, approved land allocation on the Iraqi-Jordanian border to reach a depth of 2 km on both sides of the border, and a length of 6 km for the Jordanian company and grant them the necessary exemptions.
It was agreed to finalize the tender request for the preparation of the technical standard for the joint Jordanian-Iraqi industrial zone by February 2, 2018, in preparation for the company to present the industrial area to the private sector for operation and management on the principle of (construction - operation - transport).
According to the statement, imported Iraqi goods were granted facilities through Aqaba, whose final destination is Iraq, a deduction of 75% of the fees charged by Aqaba Economic Authority.
The two sides agreed to open the Jordanian-Iraqi border crossings (Karama-Trebil) in front of the door to door traffic to start flights of perishable goods on February 2, and to include miscellaneous goods thereafter.
The Iraqi Council of Ministers decided in 2017 to exempt a number of Jordanian goods from customs as of February 2.
In the energy sector, it was agreed on the Jordanian-Iraqi electricity connection through the network of linking, where the memorandum of understanding was signed in this regard, in the presence of the prime ministers of the two countries.
The two sides agreed in the memorandum to take the necessary measures to accelerate the process of exchanging electricity between the two parties through the direct electrical connection to the electricity networks of Iraq and Jordan.
In addition, the two parties agreed to conclude during the first quarter of 2019 of the framework agreement for the Iraqi-Jordanian pipeline, which will extend from Basra through Haditha to Aqaba.
Jordan and Iraq also agreed to reach technical committees to determine the details of transport and pricing for the export of Iraqi crude oil to Jordan before February 2.
State Minister for Information and Government Spokeswoman Jumana Ghneimat said the visit would open gates between Amman and Baghdad next year.









Newsletter

Amman Chamber Location

Zahran Street - Jabal Amman - Amman - Jordan
Phone Number: 0096264643001
Mobile: 00962795202164
Fax: +96264647852
Email: aci@aci.org.jo
P.O.Box.: 1800 Amman 11118 Jordan

All Branches