Latest news with #AmmanChamber
Iraq Business
18-03-2025
- Business
- Iraq Business
Amman Chamber to Open Trade Office in Iraq
By John Lee. The Baghdad Chamber of Commerce has welcomed the Amman Chamber of Commerce's plan to establish a trade office in Baghdad, aimed at strengthening economic and trade cooperation between Iraq and Jordan. During a meeting with Raad Bureij, Vice President of the Baghdad Chamber of Commerce, Amman Chamber President Khalil Al-Haj Toufic emphasized the importance of activating the Memorandum of Understanding (MoU) between the two chambers to enhance trade, investment, and partnerships. Al-Haj Toufic announced plans for an economic delegation from Jordan, comprising exporters, investors, and importers, to explore opportunities in the Iraqi market. Discussions also included a proposal to establish a Jordanian trade centre in Baghdad, owned by the Amman Chamber, to facilitate exports to Iraq. Bureij suggested reciprocal visits by Iraqi and Jordanian economic delegations and the development of a sector-specific database to assist businesses in decision-making, investment, and trade. He affirmed Baghdad Chamber's readiness to support the establishment of the new trade office and provide necessary facilities for its success. He also encouraged Jordanian companies to enter the Iraqi market through strategic partnerships in key sectors such as housing, industry, trade, infrastructure, IT, construction, contracting, and transportation. Both chambers anticipate closer cooperation in the coming period to advance shared economic interests. (Source: Amman Chamber of Commerce)
Jordan News
08-03-2025
- Business
- Jordan News
Amman Chamber of Commerce Decides to Open a Commercial Office in Baghdad - Jordan News
The Board of Directors of the Amman Chamber of Commerce has decided to study the opening of a commercial office in the Iraqi capital, Baghdad, to serve its members in the commercial, service, and agricultural sectors who wish to export to the Iraqi market. اضافة اعلان Amman Chamber President, Khalil Al-Hajj Tawfiq, stated that the Chamber will conduct a thorough and swift study of this project to ensure its success and sustainability. He added that Iraq is one of Jordan's most important trading partners, with significant opportunities in its markets for various Jordanian sectors. Al-Hajj Tawfiq explained that the purpose of opening the office in Baghdad is to assist Jordanian companies wishing to enter the Iraqi market by showcasing products and providing information related to the trade, services, and agricultural sectors in Jordan. He confirmed that this step will contribute to strengthening economic ties between the two brotherly countries, facilitating trade exchanges, and achieving mutual benefits. Al-Hajj Tawfiq also pointed out that the main Jordanian products with strong opportunities in the Iraqi market include sectors such as information technology, financial and banking services, vegetable and fruit exports, transportation and shipping, logistics services, tourism, car trade, housing, construction, and re-exporting goods such as food products, gold, cars, and machinery. He emphasized that the commercial office will provide a platform for networking between the Jordanian and Iraqi business sectors and will enhance investment opportunities in Jordan in line with the country's economic modernization vision. He also highlighted the strong relationship between the Amman Chamber of Commerce and its counterpart in Baghdad, pointing out that the next phase will see the activation of the memorandum of understanding signed between the two chambers in 2023, which aims to promote cooperation in trade, economy, and investment. Al-Hajj Tawfiq added that the Amman Chamber will work on providing comprehensive information to Iraqi investors about investment opportunities and incentives in Jordan, aiming to enhance economic cooperation between the two countries.
