IBC Delegation Meets with Jordanian Interior Minister Mr. Salama Hammad

Upon the invitation extended by the Jordanian Interior Minister Mr. Salama Hammad, IBC Chairman Dr. Majid Sadi and IBC Vice Chairman and Secretary-General Mr. Saad Naji met with His Excellency yesterday Tuesday November 24th 2015 at the Interior Ministry Headquarters.

The meeting was also attended by Head of Investment Commission Dr. Muntasir Al-Aqla, a number of specialists from the Directorate of Nationality, the Investment Section in the Ministry and IBC CEO.

During the meeting a number of proposals and issues were raised and discussed such as overcoming obstacles encountering the Iraqi investors working in the Kingdom as to the reactivation of the “investors passport” for all Iraqi investors holding this travel document without conditions, extending its validity for five years, abolition of physical inspection for companies, granting five-year residency permits to the investors and their families and retaining the classification “investor” on residency permits issued to investors whose investments in the Kingdom were hampered. His Excellency the Minister, Mr. Salama Hammad, ordered immediate address and response to the proposals presented by IBC and instructed the competent bodies in the Interior Ministry to issue whatever instructions required for immediate implementation.

Furthermore, the Minister thanked IBC for its efforts in promoting investment in the Kingdom and praised the role of Iraqi investors in supporting the Jordanian economy.

At the end of the meeting IBC Chairman, Dr. Sadi, and Vice Chairman and Secretary-General, Mr. Saad Naji, appraised the grand attitude of the Interior Minister and the rational Jordanian Government under the leadership of His Majesty King Abdullah II Bin Al-Hussein especially under the critical and subtle economic circumstances that Jordan and the whole region is currently witnessing.

They also thanked Dr. Muntasir Al-Aqla for his efforts in supporting the Iraqi investors and eliminating obstacles facing them for the prosperity of invaluable Jordan.