Jordan joins other Arab states and signs free trade deal with Iraq
Iraq, which has signed a series of free trade agreements with its Arab neighbors recently amidst US threats against its regime, agreed on Monday to boost its business and economic cooperation with Jordan.
The Iraqi trade minister Mohammed Mahdi Saleh inked an accord "to enlarge business and economic cooperation" with his visiting Jordanian counterpart Salah Bashir, INA news agency reported.
Bashir, who arrived late last week, heading a trade mission, has held talks with several top Iraqi officials, including deputy prime minister Hekmat Ibrahim al-Azzawi, and the industry and minerals minister, Mayssar Raja Shalah.
He was earlier in the day quoted in Jordan's Al-Doustour daily as saying Jordan would follow the example of other Arab nations in signing a free trade accord with Baghdad in spite of Western press reports it is a likely staging post for a threatened US strike on Jordan’s neighbor.
"The Jordanian and Iraqi governments are determined to seal a free trade agreement," Al-Dustour quoted Trade and Industry Minister Salah Bashir as saying during his four-day visit to Baghdad. "The deal will be signed in Baghdad soon at the heads of government level," Bashir told the paper, without providing details on when Prime Minister Ali Abu Ragheb would visit Iraq.
The minister recalled that the two countries were already bound by a trade agreement dating back to 1957, which grants duty-free access for certain goods and has helped make Iraq Jordan's main Arab trade partner. A free trade agreement would "provide the two countries' private sectors with more scope to strengthen bilateral trade," he added.
The Kingdom of Jordan would be the 11th Arab state to sign a free trade agreement with Baghdad, in a trend that has sparked growing concern in Washington. (menareport.com)
© 2002 Mena Report (www.menareport.com)