Lower House committee, Iraqi delegation talk investment

AMMAN — The Lower House’s Economy and Investment Committee, in a meeting headed by Deputy Khair Abu Salik, discussed the 2022 draft law regulating the investment environment with a delegation representing the Iraqi Business Council in Jordan, the Jordan News Agency, Petra, reported.

During the meeting, Abu Salik affirmed the “solidity” of historical relations between the countries.

He referred to Iraqi investments in the Kingdom, extending appreciation of Iraqi investors for supporting the Jordanian economy. The delegation highlighted the volume of Iraqi investments which amounted to JD24 billion, in addition to $25 billion of foreign deposits.

The delegation called for simplifying procedures, regulations and instructions for investors, praising the distinguished investment environment in the Kingdom.