Friday, May 20, 2011

Jordan Prime Minister to visit Kurdistan by end of May ...

May 20, 2011

Jordan Prime Minister to visit Kurdistan by end of May

Amman Jordanian Prime Minister Marouf Al-Bakhit will visit Kurdistan region of Iraq by the end of the current month, on a mission aimed at boosting bilateral ties.

Kurdistan is a commercial and economic gateway for Jordanian goods to the Iraqi market, considering that the stable security situation in the region allows easy flow of importing goods to Iraq, Al-Arab Al-Yom daily said in its Thursday edition.

Jordan opened lately a general consulate in Irbil, which was the third consulate of an Arab country in Kurdistan after Egypt and Bahrain.

Arab investments in the region are estimated at USD 2.693 billion of the total foreign investments, according to the general directorate of studies and information in Kurdistan investment authority.

Four Arab countries, namely Kuwait, Lebanon, Egypt and Jordan have investments in the region of Kurdistan.

Kuwaiti enterprises come at the top, valued at USD 1.554 billion, followed by Lebanon, USD 759.7 million, then Egypt, USD 350 million. Jordanian investments reached USD 28.899 million