Iraq and Egypt discuss trade, industry following summit with Jordan

05-07-2021
Sura Ali
Sura Ali
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ERBIL, Kurdistan Region— Iraq’s Ministry of Planning met with representatives from the Egyptian Ministry of Industry and Trade on Sunday to discuss trade, industry and investment following a summit with Jordan last week.

The media office of the Minister of Planning, Khaled Battal al-Najm, said Battal received the Egyptian Minister of Industry and Trade, Nevin Jameh, and her accompanying delegation, to discuss joint cooperation between the two countries in the industrial, commercial and investment fields following last week’s summit with Jordan.  

"The two parties discussed working mechanisms to establish joint industrial and economic zones, to allow the private sector to implement investment and industrial projects, and to work on setting up permanent trade fairs for industries and various products, and to encourage craft industries," the statement read.

The tripartite summit between Iraq, Jordan and Egypt held in Baghdad will pave the way for cooperation in the fields of security, military and intelligence, an advisor to the Iraqi prime minister said last week.

The President of Egypt, Abdel-Fatteh al-Sisi, and King Abdullah II of Jordan met with Iraqi Prime Minister Mustafa al-Kadhimi in Baghdad on June 27, one year after the three met in Amman.

The three leaders issued a joint statement after the meeting, which comprised of 28 points that discussed the outcome of the summit.

The three countries will strengthen gas and electricity transmission between each other, with Iraqi oil to be exported to Egypt and Jordan through the Arab Gas Line and a crude oil line linking Basra to the Jordanian city of Aqaba, according to the statement.
 

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