Economic Event: IBC Sponsors & Participates in the “Jordanian – Korean Trade Partnerships Forum”

IBC took part in the “Jordanian – Korean Trade Partnerships Forum” which was held and sponsored by IBC on Tuesday April 30th 2, 2019 at Amman Intercontinental Hotel with the presence of the Korean Ambassador to Jordan Mr. Lee Bom-Yon, Vice President of Korea Trade – Investment Promotion Agency (KOTRA) Mr. Kim Sang Mok, a group of Jordanian Businessmen interested in the Korean industries and products and a distinguished participation of IBC members.

In the Forum, a (Booth) was allocated to IBC to display IBC publications and promotional materials and meetings were held with the Korean and Jordanian companies.

Among other activities of the Forum, and in a meeting held with the Deputy President of Korea Trade – Investment Promotion Agency (KOTRA) Mr. Kim Sang Mok, IBC CEO reviewed IBC economic, humanitarian and academic activities, the distinguished services rendered by IBC to Iraqi investors and businessmen, in addition to the volume of Iraqi investment in Jordan in all sectors.

For his part, Mr. Kim Sang Mok lauded the Cooperation Agreement concluded between IBC and the Korean Embassy Trade Consulate (Korea Trade – Investment Promotion Agency (KOTRA)), and expressed his desire to organize a joint delegation comprising of Korean business men to visit Iraq.

The visiting delegation consisted of representatives of Korean companies representing the following sectors; water purification and cooling, water treatment plants and systems, rubber parts, metal pipes and fittings, containers and prefabricated houses, integrated environmental solutions, air pollution prevention systems, excavators, cranes and equipments, industrial scales and point of scale (POS) systems, food preparation systems and packaging, industrial heaters, condensers and heat exchangers, pouring pipes and tubes for power plants, chemical plants and refineries, medical and surgical needles, medical cameras and endoscopes, muscle pain relief and relaxation systems, knee and foot protectors, medical sterilizers and healthy animal feed.

Business and investment opportunities in the Hashemite Kingdom of Jordan were reviewed, also ways of developing and enhancing the level of cooperation to promote and improve the joint economic relations between Jordan and Korea and several Memoranda of Understanding were concluded between the Korean companies and their Jordanian counterparts; a Memoranda of Understanding concluded between (Leading Eng. & Ind.) and (Michigan Technology), (Green Light of Jordan) and (Lotus ACT Inc. of Korea), in addition to the MOU concluded between the Jordanian (Noor Eng.) and the Korean (BHI Co. Ltd.).