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Iraq to Launch Jordanian Manufacturing Lines for Medicines & More

Iraq Mineral Development and Joint Economic Initiatives with Jordan

The Iraqi Ministry of Planning has announced its intentions to establish production lines within the country for pharmaceuticals, construction materials, and food manufacturing, following a meeting between Deputy Prime Minister and Minister of Planning, Muhammad Ali Tamim, and the Jordanian Minister of Trade and Industry. This strategic dialogue explored avenues for enhancing economic collaboration between Iraq and Jordan.

Exploring Collaborative Opportunities

During the meeting, which included the Jordanian ambassador to Iraq, Maher Salem Al-Tarawneh, participants discussed potential partnerships in various sectors, emphasizing economic, industrial, commercial, and investment cooperation avenues. A key focus was on leveraging Jordan’s expertise in the pharmaceutical industry to attract Jordanian investors and industrialists to Iraq. This initiative aims to establish local production capabilities in pharmaceuticals, construction materials, and food processing industries.

Strengthening Trade Standards

Additionally, the dialogue addressed cooperation in measurement, regulatory standards, specifications, and quality certification. These efforts are expected to support and enhance trade and industrial ties between the two nations.

Jordan’s Commitment to Iraqi Development

The Jordanian minister expressed appreciation for the progress Iraq has achieved over the past two years across multiple sectors. He reaffirmed Jordan’s commitment to bolstering cooperation and supporting Iraq’s development initiatives.

Growth in Bilateral Relations

Notably, the relationship between Iraq and Jordan has shown consistent growth in recent years. To further this momentum, a joint commercial committee is set to convene in Baghdad for the first time, aimed at activating existing memoranda of understanding and agreements between Jordan and Iraq.

This collaborative approach signifies an important step in fostering economic development and enhancing the industrial landscape in Iraq, while concurrently expanding Jordan’s economic footprint in the region.

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