IBC Holds the Signing of Common Cooperation Agreement Ceremony With The Arab – Australian Chamber of Commerce & Industry

On the sidelines of the visit paid by the delegation of the Arab – Australian Chamber of Commerce and Industry and a group of Australian investors to the Hashemite Kingdom of Jordan, IBC hosted on Thursday 3/4/2014 on its Swefiya Hall a ceremony marking the conclusion of a common cooperation agreement between IBC and the Arab – Australian Chamber of Commerce and Industry.

The agreement was signed by the Chairman of the Arab – Australian Chambers of Commerce and Industry Mr. Jeffry Biotic on behalf of the Chamber, and IBC Vice Chairman and Secretary-General Mr. Saad Naji on behalf of IBC. This agreement aims at establishing a framework to promote trade exchange and develop the economic relations between the two countries in a number of key fields such as renewable energy, agriculture, foodstuff industries, education, oil and gas, tourism, promote visits exchange for trade delegations, participation in conferences and fairs held in both countries, in addition to workshops and exchange of information on the economy of the two countries.

At the beginning of the ceremony, Mr. Saad Naji welcomed the visiting delegation expressing his hope that signature of this agreement would be a step forward in exploring new economic horizons between the Iraqi investors and their counterparts in Australia.

He also referred to the great opportunities available in Iraq especially in the Oil, Gas and Infrastructure Sectors, calling to encourage investment in Iraq.
On his part, Mr. Jeffry Biotic expressed the interest of the Australian businessmen and investors who are members in the Arab – Australian Chamber of Commerce and Industry to invest in Iraq, increase the scope of trade exchange and economic cooperation in all sectors.

IBC member Dr. Fakhri Rishan elaborated on the major developments of the Iraqi economy and the horizons of common cooperation in a number of sectors.

Further, IBC CEO presented a summary on IBC activities, services rendered and the achievements realized by IBC since its foundation.

On the Chamber side, the event was attended by the CEO of the Arab – Australian Chamber of Commerce and Industry Mrs. Susana Wright, Head of the Australian – Arab Institute for Strategic Affairs and Chamber member Mr. Aied Wahab, Sales and Marketing Manager of the Australian Berth Mint Group Mr. Ron Kori, in addition to the Economic Researcher in the Directorate of Studies and representative of Jordan Investment Board Mrs. Tamara Kaabar.

The event was also attended by the Iraqi Commercial Attaché Mr. Edib Kakani and his assistant Mr. Tariq Edan. As on IBC side, the event was attended by a number of Board members; Dr. Fakhri Rishan, Mr. Usama Quraishi, IBC CEO, staff and a crowd of journalists.