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Trade, industry ministers of Egypt, Jordan, Iraq discuss practical steps for mutual integration
24 December 2020  -  Sector :  -  Entity :  -  Category : General

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The meeting discussed practical steps to achieve industrial and commercial integration between the three countries, as well as identified target areas of cooperation.

Cairo- December 24, 2020

Minister of Trade and Industry Nevine Gamea has held a meeting- via video conference - with Jordanian Minister of Industry, Trade and Supply Maha Ali and Iraqi Minister of Industry and Minerals Manhal Aziz al-Khabbaz, with the participation of senior officials at the ministry.

The meeting discussed practical steps to achieve industrial and commercial integration between the three countries, in light of the consensus between the Egyptian, Jordanian and Iraqi leaders.

The three ministers agreed on target areas of joint cooperation, including: pharmaceutical, chemical, petrochemical, leather and ceramics industries. They also studied the establishment of a permanent exhibition for Egyptian and Jordanian products in Baghdad.

Moreover, the ministers stressed the importance of facilitating the movement of trade, removing the obstacles that hinder the flow of intra-trade and granting preferential treatment on exports originating from the three countries.

The meeting also reviewed the developments related to the establishment of an economic area on the borders between Iraq and Jordan, to be a focal point for enhancing industrial cooperation between the three countries, while making use of the Egyptian industrial expertise in establishing and managing industrial zones.

Gamea noted that an Egyptian technical team will visit Iraq  in the next few days, with the participation of the Jordanian embassy in the capital Baghdad, to identify the needs of the Iraqi market of goods and explore the available investment opportunities.

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