Economic Event: IBC Signs a Cooperation Agreement with the Korean Embassy Commercial Consulate

A Cooperation Agreement between IBC and the Korean Commercial Consulate (Korea Trade Promotion Corporation – KOTRA) was signed on Monday April 22nd, 2019.

The Agreement was signed by IBC Deputy Chairman and Secretary General Mr. Saad Naji on behalf of IBC, while the Korean Embassy Commercial Attaché Mr. Lee Su Jung signed the Agreement on behalf of the Korean side.

During the signing ceremony, Mr. Saad Naji spoke about the importation of the Agreement, stressing that it is a strategic cooperation Agreement that would enhance the economic relations between the Korean and IBC companies, also expressing IBC Board readiness to organize a joint trade delegation comprising of IBC members and their Korean counterparts to visit Iraq and acquaint themselves with the available investment opportunities, emphasizing importance of the participation of the Korean companies in the Iraqi market especially in the energy sector.

On his part, the Korean Commercial Attaché Mr. Lee Su Jong expressed his thanks to IBC for its interest in signing this Agreement, lauding IBC important activities that aim to serve the local and international business community.

The Korean Embassy Commercial Advisor Mr. Ahmad Al-Barqawi praised the close relations existing between IBC and the Korean Commercial Consulate stating that the Agreement would make IBC a key partner in all activities organized by the Korean Commercial Consulate especially conferences and business meetings with the Korean trade delegations visiting Jordan including the forthcoming activities scheduled to take place on Tuesday April 30th, 2019 at the Amman Intercontinental Hotel, in which 27 major Korean companies will participate where IBC will be the organizer and sponsor of these meetings.

Also, a booth will be allocated to IBC to introduce this important institution and its registered companies to the visiting Korean companies representatives.

At the end of the meeting the two sides exchanged thanks, and Mr. Saad Naji, on behalf of IBC, presented the Korean Commercial Attaché Mr. Lee Su Jong with IBC icon (the Sumerian Tree of Life).

On IBC side, the meeting was attended by IBC members; Mr. Mohammad Shanshal, Mrs. Haifa Al-Sheikli, Mr. Mohammad Al-Huseini and IBC CEO, and the Agency’s CEO Mr. Choi Miyong and the Commercial Advisor Mr. Ahmad Al-Barqawi attended the meeting on behalf of the Agency.