Iraqi Business Council Chairman & Members Participate in the Economic Symposium on the Canadian – Jordanian – Iraqi Trade Relations

At the invitation extended by H.E the Canadian Ambassador to Jordan Ms. Donica Butte and the Economic Advisor of the Canadian Embassy to Jordan and Iraq Mr. Majeed Dallah, IBC Chairman and members took part in the Economic Symposium on the Canadian – Jordanian – Iraqi Trade Relations titled “Your Partners in the Growth of Your Business” which was held on Monday January 20th, 2020 at Amman – Sheraton Hotel.

The Symposium was opened with a welcome speech delivered by the Economic Advisor Mr. Majeed Dallah who provided an overview on the resume of the Canadian Ambassador to Jordan Ms. Donica Butte.

In turn, Ms. Butte thanked members of the Iraqi Business Council and the attendees on their compliance, stressing keenness of the Canadian government on developing trade cooperation with both Iraq and Jordan.

The Ambassador then elaborated on the Free Trade Agreement (FTA) signed between Jordan and Canada, which is the only Agreement that Canada concluded with an Arab State in the region, calling on the Jordanian and Iraqi businessmen and investors to benefit from the Customs facilities and exemptions granted under this Agreement.

This was followed a presentation on Canadian exports in the agricultural and livestock resources sectors, after which a number of issues were discussed that were of concern to exporters and importers including the logistic services provided by some companies such as shipping, transportation, clearance and cargo insurance.

During the Symposium the speakers affirmed their optimism in promoting and developing trade cooperation during 2020 and the important role of Jordan in that cooperation being the gateway to the Iraqi markets.

Iraqi businessman Mr. Raed Al-Rahmani called upon the Canadian and Jordanian companies to cooperate with Iraqi companies as Iraq is a promising market in the region, he also called upon the Canadian government to support Iraq during the coming phase and facilitate work of companies by granting credit facilities.

For his part, IBC Chairman Dr. Majid Saedi elaborated on the role of the Iraqi Business Council as a significant economic institution that embraces key Iraqi businessmen and investors, its  role in networking and establishing trade relations between its members and their business counterparts in other countries, stressing the need for the Canadian government to support Iraqi economy and the reconstruction of Iraq, expressing his optimism for stability of the conditions in Iraq during the coming phase after formation of the new government.

At the end of the meeting, the Economic Advisor Mr. Majeed Dallah pointed out to the initiative of the Canadian Embassy on the formation of a Committee of Canadian economic specialists and consultants to support and develop Iraqi products, which will be launched in the near future, after which visits and meetings will be organized with Iraqi companies who wish to export their products.

The Symposium was attended by IBC Chairman, members and a large crowd of Iraqi and Jordanian businessmen and investors.