Tuesday 12 January 2010

Jordan seeks to rekindle trade with Iraq

A free trade agreement between Jordan and Iraq that comes into force this month is meant to breathe new life into an economic relationship which has suffered badly since the US invasion of Iraq in 2003.

A cautious Jordanian attitude, however, prompted mostly by past security concerns, is still seen as putting a break on growth in trade relations.

“There is a lot of hesitation from our local companies here to set up shop there [in Iraq], obviously because of security reasons,” says Amer al-Hadidi, Jordan’s minister of trade and industry. But this is mainly a reflection of the past, he says.

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