Tag Archives | Jordan

The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News

Jordan, Iraq seal Economic Protocols

Jordan and Iraq have signed minutes of a Jordanian-Iraqi joint committee meetings which entails boosting trade exchange and speeding up construction of the oil pipeline between the two countries. The protocols also encompassed encouraging Iraqi investors in Jordan and opening the border post of Turabil, the main crossing point between Jordan and Iraq, and identifying […]

Iraq seeks Extradition of $800m Fraudster

By John Lee. Iraq’s Commission of Integrity has said that an Iraqi detained by Jordanian authorities is Ziad Tariq Abdullah Al-Qattan, the former deputy of the Secretary General of Iraqi Ministry of Defense, who has been convicted in absentia of embezzling about 1 trillion Iraqi dinars (IQD) ($800 million) from the Iraqi Ministry of Defence. […]

Plans to Ease Trade between Iraq and Jordan

By John Lee. Jordanian Prime Minister Hani Mulki met with his his Iraqi counterpart Haidar Al Abadi this week, and agreed to reopen the border crossing at Treibil. The move will facilitate the movement of Jordanian merchandise, mainly farm produce, into Iraq and reduce transport and other costs on Jordanian exporters. A committee will also […]

Iraq, Jordan stress Importance of New Pipeline

By John Lee. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] has met with Mr. Ibrahim Saif, the Jordanian Minister of Energy and Mineral Resources. The parties agreed on the necessity of strengthening relations between the two countries, with Mr. Allibi stressing the importance of the oil and natural gas pipeline project to Aqaba port. He […]

IMF starts first review of $5.3bn Assistance Package

The Iraqi authorities and the staff of the International Monetary Fund (IMF) held discussions in Amman from August 28–September 10, 2016 on the first review of Iraq’s 36-month $5.3-billion Stand-By Arrangement (SBA) approved by the IMF Executive Board on July 7, 2016. Mr. Christian Josz, Mission Chief for Iraq, issued the following statement: “The Iraqi […]

Iraq bans Jordanian Food Imports

By John Lee. Iraq’s Ministry of Trade has banned the import of some food products and beverages from Jordon due to what it describes as “health and safety concerns.” Local media reports say the Ministry identified genetic modification and the excessive use of food additives as the reasons for the ban on some products. The […]

Daewoong Pharma to Export Drugs to Iraq

By John Lee. South Korea’s Daewoong Pharmaceutical has signed a US$25-million contract with Ibn Cina Drug Stores to supply six products to Jordan and Iraq. According to the Korea Herald, the local partner will distribute: Ursa, for liver function improvement; Orlostar, for high blood pressure and hyperlipidemia; Easyef for diabetic foot ulcer; Daewoong pitavastatin calcium […]

Jordan Closes Borders with Syria and Iraq

By John Lee. Jordan has reported closed its borders with Syria and Iraq following the suicide bombing that killed six soldiers at a Jordanian army camp. The Jordanian government said that there won’t be new refugee camps and that the existing ones won’t be expanded. (Sources: ANSAmed, Newsweek)