SIGNING OF MOU BETWEEN IBC – JORDAN & THE AMERICAN CHAMBER OF COMMERCE
IBC Jordan concluded an MOU with the American Chamber of Commerce through a ceremony held on this occasion at IBC Headquarters – Amman.
The MOU concluded between the two Parties provides for mutual cooperation in support of free trade, fight against corruption and respect of patent laws.
The MOU also provides for promotion of economic competitiveness in Iraq through supporting common programs such as conferences, meetings and trade delegations.
According to this agreement there will be common activities by IBC and the American Chambers of Commerce that aim at increasing trade exchange between American Companies and companies owned by IBC members.
The MOU was signed by Dr. Majid Sadi – Chairman – on behalf of IBC, and Mr. Lionel Johnson – Head of MENA Chamber of Commerce – on behalf of the American side. During this event, Chairman of IBC presented the American Chamber of Commerce Deputy with a special gift.
The idea of establishing the Iraqi Business Council is based on the common desire generated by a number of elites. Those who are Iraqi investors and businessmen on the territory of the Hashemite Kingdom of Jordan unanimous in the importance of creating economic reference for them, as well as for those who wish to join them in order to maximize Iraq’s investment in Jordan, as well as to contribute actively to Iraq’s construction and reconstruction.
The one who carried out the mission of founding is an elite of Iraqi businessmen of recognized competence and abilities. and since the Council’s inception in late 2006, members have worked towards efforts to support Iraqi investments in Jordan. as well as coordination and cooperation with official entities, to find solutions and proposals to overcome obstacles and constraints facing investors s economic, investment and trade cooperation between Jordan and Iraq.
