29-May-2019
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Minister
of Industry, Trade and Supply Dr. Tarik Al-Hammouri called on the private
sector to increase its exports to Iraq and to benefit from the understandings
and agreements reached recently with the Iraqi side, especially regarding the
exemption of a number of Jordanian goods exported to the Iraqi market.
During a meeting on Tuesday to
discuss the reality of the plastic and rubber industries, the problems facing
them and the measures taken by the government to support and enhance the
competitiveness of the industrial sector, Hammouri pointed to the importance of
facilitating the movement of trucks between Jordan and Iraq in both directions.
Through the border trade zone.
He said that the freight of
goods between the two countries declined significantly after the entry of
trucks, which reduces the cost of export, pointing to the interest and keenness
of Jordan and Iraq to develop and strengthen economic cooperation between them
and their willingness to address any obstacles to the flow of goods in both directions.
He pointed out that the
ministry is working to provide incentives for national exports and is consulted
with the Jordan Chamber of Industry in the framework of alternative solutions
to the program of exempting export earnings in addition to finding alternative
markets.
He pointed out that a special
committee of the ministry will continue its work with various industrial
sectors in order to address obstacles and help to take advantage of the export
opportunities available and maximize the benefits of agreements signed with
other countries.
The head of the Jordan Chamber
of Industry, Fathi al-Jaghbir, said that the government is working to overcome
impediments to the industrial sector in recognition of the size of the
challenges it faces. We noted the application of the principle of reciprocity
to Syrian goods.
Sector representative Alaa Abu
Khazna and a number of investors in the sector pointed to the challenges facing
the plastic industry in the Kingdom, including the high cost of production due
to the energy burden and the difficulties of export to some markets and the
shortage of manpower.
The exports of the plastics
and rubber industry accounted for 4.3 percent of the total industrial exports
and ranked seventh among the ten industrial sectors in terms of export volume
during 2017 and rose to 4.6 percent during the first half of 2018.
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