From dollar to dinar... Exchange rate policy confuses oil companies and threatens their employees!
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Experts believe that continuing with this mechanism could impose additional financial burdens on companies that rely on dollars for their transactions, impacting their operational capacity and business continuity.
Economic expert Nabil al-Marsoumi stated in a tweet that "more than 200 Iraqi companies contracted with oil licensing companies, employing over 50,000 Iraqi workers, are threatened with significant financial losses and layoffs due to the Central Bank's directive to disburse their payments in dinars at the official rate—even though their contracts and expenses are denominated in dollars." He explained that "the losses stem from the large difference between the official and parallel exchange rates for the dollar against the dinar," warning of "the collapse of companies due to the exchange rate policy."
For his part, Mahmoud Hassan, a representative of an oil company, stated during a demonstration organized by subcontractors working for an international oil company that "Iraqi companies operating in the oil sector have been facing a crisis for over a year without any solutions," warning of "repercussions that could lead to the collapse of a large number of them."
Hassan explained in a press statement that "the contracting companies, which employ more than 40,000 Iraqi workers, are under financial pressure after receiving their payments at the official rate of 131,000 dinars per $100, while the parallel market rate is around 155,000 dinars." He emphasized that "the difference is causing direct losses." He added that "the continuation of this situation will force companies to reduce their operations and lay off workers, and may lead to their complete shutdown," noting that "a number of them have already begun to be unable to pay salaries."
Hassan called on the Central Bank to "intervene urgently to find a solution that takes into account the nature of these companies' work and their obligations," warning that "the continuation of the crisis will negatively impact the oil sector and the labor market."
In Iraq, secondary oil companies operate—varying from project to project—and undertake the execution of service, supply, maintenance, construction, and transportation works within contracts with local or international oil companies. Contracts are binding on the contracting parties.
In this context, economist Hamza al-Jawahiri stated that "contracts stipulating payment in dollars must be honored," explaining that "payment in another currency constitutes a clear violation of the contract terms." He emphasized that "companies can resort to the competent courts, based on the legal principle that contracts are binding on the contracting parties."For his part, energy expert Ahmed Sabah said that "converting company dues from dollars to dinars may lead to the gradual exclusion of some foreign companies, while focusing on companies that accept dinar transactions." He explained that "many Western companies rely on external supply chains that require payment in dollars to secure equipment and services."
He added that "this measure is not sustainable in the long term, especially given that the current government is a caretaker government, which reduces the chances of implementing decisions with long-term strategic impact." He predicted that "major foreign companies will refrain from expanding or entering into new contracts if this mechanism continues," considering that "the decision may be temporary and subject to change if negative effects emerge on the investment climate or the pace of work in the fields."
Strengthening the Dinar or Market Losses?For his part, economist Dirgham Muhammad Ali believes that “attempts to curb the parallel dollar market have prompted the Central Bank to take measures to bolster confidence in the dinar,” but he noted that these measures “were not fair given the continued gap between the official and parallel exchange rates.” He emphasized that “the policy of forced currency conversion causes losses for traders and deprives the market of a vital channel for the legitimate injection of dollars,” calling for “either the adoption of a fair exchange rate or the creation of a different mechanism for dealing with foreign companies.”
Economic circles warn that the collapse of subcontracted oil companies working with international and local firms will disrupt maintenance, logistics, and equipment operations in oil fields, threatening production stability—in addition to the loss of tens of thousands of jobs, given these companies' reliance on Iraqi labor. This could also weaken supply chains and increase operating costs, prompting some foreign companies to scale back their operations or refrain from new projects, which would negatively impact the oil investment environment and the role of the local private sector.
Al-Marsoumi warns: Central Bank decisions threaten more than 50,000 workers with losses and mass layoffs
Iraqi economic analyst Nabil Al-Marsoumi warned of serious financial repercussions that could affect local companies contracted with oil licensing companies, stressing that more than 200 Iraqi companies employing more than 50,000 workers are now threatened with large losses that could lead to the dismissal of large numbers of their employees.
Al-Marsoumi explained in a tweet he posted on his Facebook page that these risks came as a result of the Central Bank of Iraq’s directive not to disburse dollar transfers to those companies in dollars, and obliging them to convert them to dinars according to the official rate, even though their contracts were concluded in dollars.
He pointed out that the losses result from the large difference between the official and parallel exchange rates of the dollar against the dinar, noting that companies’ contracts and operating expenses are done in dollars, which exacerbates the financial burdens and threatens the continuity of their work.
It is noted that companies transfer their employees’ dues in dollars, while banks disburse them in Iraqi dinars at the official rate of 131,000 dinars, even though the dollar’s price in the market exceeds 145,000 dinars, which has sparked widespread objections from employees regarding this procedure.
US accepts Iran’s request to move talks from Turkiye to Oman, say reports
The United States has agreed to Iran’s request to relocate upcoming talks between the two sides from Turkiye to Oman, Axios reported on Wednesday, adding that the talks are expected to be held in Febrauary 6.
Citing an informed source, the report said discussions are still ongoing regarding the possible participation of Arab and Islamic countries in the talks.
Earlier, Iran’s Foreign Ministry spokesperson Esmail Baghaei stated that “the place and time of the talks are not a complicated matter and should not be used as a pretext for media manipulation.” He also revealed that Turkiye, Oman, and other countries in the region have expressed readiness to host the talks, describing this willingness as important for Tehran.
Evasion" and "Accountability": The Sudanese directs addressing tax "obstacles" facing the private sector until the 2026 budget is approved.
Joint committee to unify tax procedures with Kurdistan
The head of the caretaker government of Iraq, Mohammed Shia al-Sudani, directed that the "tax obstacles" facing the private sector be addressed until the general budget for the new year 2026 is approved, as well as the formation of a joint committee with the Kurdistan Region to proceed with the process of unifying tax procedures between the two sides.
On Wednesday, February 4, 2026, Al-Sudani chaired a meeting of the Supreme Committee for Tax Reform, in the presence of the Director General of the General Authority for Taxes and its senior staff, and a number of advisors to the Prime Minister in the economic and financial field.
A statement from the Sudanese office said that “the meeting discussed the mechanism for unifying tax accounting procedures, the most prominent obstacles facing companies in the tax field, as well as a detailed discussion of the (Tax Accounting) Law, which falls under the tax reform program adopted by the government,” adding that “the meeting witnessed a discussion of the file of unifying tax procedures between the Kurdistan Region of Iraq and the Federal Ministry of Finance, the issue of internal (double taxation), and finding legal solutions and effective procedures for addressing it.”
The meeting also discussed the issue of "tax evasion" and "putting forward legal proposals to address this problem, in order to help and encourage companies and investors to adapt their financial and legal status, in addition to discussing the legal solutions offered to resolve the tax problems faced by the private sector."
The Prime Minister affirmed the government's commitment to addressing this important issue within an integrated program to maximize non-oil revenues, directing that a draft resolution be prepared and submitted to the Cabinet to address tax obstacles facing the private sector and Iraqi companies, pending the approval of the 2026 general budget law.
Al-Sudani also directed the formation of a committee from the Ministry of Finance and the Tax Authority to communicate with the tax institution in the Kurdistan Region in order to reach advanced stages in unifying tax procedures.
International Finance Corporation: Iraq is moving rapidly towards a better economic future
The resident representative of the International Finance Corporation, Bilal Al-Saghir, confirmed on Wednesday that the investment package launched in Iraq amounts to approximately one million dollars in the energy, health and industry sectors, while noting that Iraq is moving rapidly towards a better economic future.
Al-Saghir told the Iraqi News Agency (INA): “The institution is concerned with developing the private sector in emerging economies by providing investment services primarily, in addition to consulting services.”
He added that "the investment package launched amounts to approximately one million dollars and relates to providing a range of financial, funding and advisory services to a large number of projects."
He added that "part of these projects are in the energy sector, including gas conversion and preventing its flaring and converting it into energy, while the other part relates to the health, industrial and banking systems," noting that "this comes as a translation of our desire to invest more in Iraq."
He continued: "We will announce a large group of projects very soon," noting that "Iraq is moving forward rapidly towards a better future."
He affirmed that "the organization believes in the ability of Iraq and Iraqis to achieve a sustainable economy," expressing his "happiness to participate in this trip."
Central Bank Governor: Talks with US officials addressed purely technical issues
Central Bank Governor Ali Al-Alaq confirmed on Wednesday that talks with US officials addressed purely technical issues.
Al-Alaq said in a message to the American Bloomberg agency, which was seen by the Iraqi News Agency (INA), that "the talks held with the American side in Türkiye dealt with purely technical issues."
He added that "the talks did not touch on matters of another dimension."
A member of parliament from the Kurdistan Democratic Party reveals the date of the parliamentary session dedicated to electing the president of Iraq.
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Shirwan al-Dubardani, a member of the Iraqi parliament from the Kurdistan Democratic Party, revealed that the parliamentary session dedicated to choosing the new president of the republic will be held next Saturday at the latest, noting that the parliament must announce its agenda 48 hours before the session.
Al-Doberdani stated in a statement to the “Al-Jabal” platform on Wednesday, February 4, 2026, that “there are talks among members of parliament about holding the session dedicated to choosing the president of the republic during next Saturday or Monday, but there is greater emphasis on holding it on Saturday, February 7.”
Al-Doberdani added that "Parliament should announce its agenda 48 hours before the date of its parliamentary session, and if the session is scheduled for next Saturday, the House of Representatives must announce the agenda during tomorrow."
The prevailing political custom in Iraq grants the position of President of the Republic to the Kurdish component, but the lack of agreement among the Kurdish parties regarding a candidate for the position prevents the implementation of the constitutional entitlement, despite the expiration of the constitutional deadline set for the process of choosing the new president on January 28th.
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An expert responds to the customs statement regarding "increased revenues after implementing ASYCUDA": It decreased by 52%
Economic expert Nabil Al-Marsoumi indicated on Wednesday, February 4, 2026, a decrease in customs revenues by 52% after the implementation of the ASYCUDA system, in response to a statement by the Iraqi General Authority of Customs, which indicated that customs revenues had increased after the implementation of the ASYCUDA system.
Al-Marsoumi said in a post followed by “Al-Jabal”, “The General Authority of Customs said that customs revenues have increased after the application of ASYCUDA, as they reached 137 billion dinars in January of this year, while the same authority had previously published its revenues for 2025, and they amounted to two and a half trillion dinars, meaning that the monthly average of customs revenues was more than 208 billion dinars last year, and this means that customs revenues for last month have decreased by about 71 billion dinars compared to the monthly average achieved last year, with a decrease of 52%.”
Earlier today, the Iraqi Customs Authority announced that customs revenues had risen to more than 137 billion dinars during the first month of 2026.
The Customs Authority announced in a statement carried by the official news agency that revenues had increased to more than 137 billion dinars during the month of January.
The authority added that "revenue details have increased after Decision 957 came into effect in all customs centers," adding that "revenues are expected to increase during the coming months after reducing the value rate percentages for prices in the ASYCUDA system to 25%, with directives to exempt accumulated goods from additional fees and to expedite procedures in customs centers."
Inflation and salary delays shrink Iraqi women’s beauty spending
Iraqi women are cutting back sharply on cosmetics as rising prices, delayed salaries, and stagnant incomes squeeze household budgets. Dressing tables once filled with perfumes and makeup now hold only basic items, reflecting a broader shift toward necessity spending.
Inflation has pushed cosmetics from routine purchases to discretionary extras. Many women describe reprioritizing essentials as living costs climb. “Stretch your legs only as far as your blanket allows,” Ikhlas Salman, 29, told Shafaq News. Earning 800,000 dinars ($537) a month at a state ministry —a salary unchanged for seven years— she said prices have “completely transformed,” forcing her to opt for cheaper substitutes.
Delayed public-sector wages have intensified the strain, amplifying price hikes across markets, including beauty products. New government taxes and customs fees on telecom cards, internet services, and other goods, introduced to boost non-oil revenues, have added to costs. Low-income public employees appear most affected, burdened by water, electricity, internet, neighborhood generators, and basic family expenses.
Speaking to Shafaq News, Asmaa Khudair noted that a skin ointment she used more than doubled in price, prompting a switch to a cheaper alternative that proved ineffective. University student Mariam Karim, meanwhile, warned that counterfeit cosmetics are spreading as prices climb. Original cosmetics, she explained, are now prohibitively expensive, while imitation brands carry health risks.
For Thuraya Bassem, non-essentials have vanished as her vanity now holds only lipstick, eyeliner, and one perfume. “Repeated salary delays are pushing families into debt between pay cycles,” she added.
Lower-cost cosmetics shops and whitening mixtures have multiplied in popular neighborhoods, fueled by social media marketing. Beauty specialist Hiba Kamal told Shafaq News that demand for original products, such as hair dyes and shampoos, has dropped sharply. Salon hair-dye services in modest areas rose from about 40,000 dinars ($27) to over 60,000 ($40), she said, cautioning that higher prices are encouraging counterfeit or smuggled goods without medical oversight.
Economic analyst Khaled Al-Jaberi described the market as sliding into “slow economic fragmentation,” with the middle class absorbing most of the impact. Weak regulation, he argued, has allowed low-quality products to flood the market, driven by short-term profit behavior, poor enforcement, and falling incomes. Reliance on taxes and fees in a fragile economy, he added to Shafaq News, deepens pressure on livelihoods and expands the informal sector. “The issue isn’t trade,” he said, “but taxation without production and consumers left unprotected.”
Retailers cite higher shipping costs and recent tax decisions as immediate triggers for price increases. One shop owner, speaking anonymously to our agency, said some traders have paused imports while awaiting clearer guidance, pushing distributors to raise prices on existing stock. Bureaucratic delays, complex paperwork, and slow money transfers have also disrupted imports, risking spoilage, especially for heat-sensitive cosmetics.
Trump and Iraq: The monarchy is Washington's idea, and the solution is Fuad Hussein.
Aras Habib and a surprise about Maliki
The Secretary-General of the Iraqi National Congress Party, Aras Habib, returned to gathering information about the latest Iraqi developments, according to which the American envoy, Tom Barak, now supports “changing the Iraqi regime and restoring the monarchy,” without this meaning “permanent ruin” of the relationship between Nouri al-Maliki and Donald Trump, as Foreign Minister Fuad Hussein can “play an important role in saving the situation,” according to his expression about this minister (a prominent Kurdish leader, and also a Shiite), as he says, in an interview with journalist Samer Jawad.
Aras Habib:
“Safaya” is a million times more merciful than “Tom Barrack,” who said at a meeting in Turkey that “democracy is not suitable for Iraq,” and that it should have a monarchy similar to the system of the Kingdom of Saudi Arabia. Here we say that it is in Iraq’s interest to make a distinguished relationship with Tom Barrack to save the country.
America has conditions for Iraq, and everyone should know them. These conditions are that the factions be dissolved and integrated into the Popular Mobilization Forces, that weapons be in the hands of the state, that all ballistic missiles be destroyed inside Iraq, and that Iraq not interfere in the affairs of others.
What prompted Trump to tweet was a “tattling” that came out of Syria, and based on it, Trump took a position against Mr. Maliki. The tattling was a file full of all of Mr. Maliki’s statements in the recent period, and it is possible that Trump’s opinion towards Mr. Maliki will change in the coming period.
Trump’s opinion can be changed through negotiations, and the best person to negotiate with him from among the Iraqi figures is Mr. Fuad Hussein, as we do not have a person in Iraq with the qualifications and deep connections in negotiation like him.
We Shiites do not know what we want, and I would like to ask who is the negotiator for the framework? With all due respect to them, they do not have any negotiator, and throughout all these years they have not had a lobby in America to make a direct relationship with the president, and I do not know what they are waiting for? Since 2003 until now they have not made a lobby that works for the Shiites and for Iraq.
A leader in the Hikma movement: Maliki will withdraw and the coordination framework will revert to the original six names.
Fahd Al-Jubouri, a leader in the National Wisdom Movement, said in a televised interview:
The lack of Kurdish consensus on the presidency is not new.
The coordination framework did not obstruct the presidential election
. This week will be crucial in selecting candidates for both presidencies
. New scenarios regarding al-Maliki's nomination will be presented and announced tomorrow
. The next government should not be headed by a controversial figure, both domestically and internationally
. Current circumstances are completely unfavorable for al-Maliki's nomination as prime minister.
We do not expect al-Maliki to form a government
. The religious authority's stance is part of the political forces' reservations about al-Maliki
. Why didn't the majority that nominated al-Maliki attend parliament?
Al-Maliki will withdraw, and the coordination framework will revert to the original six names.
Badr Organization leader Mu'in al-Kadhimi stated in a televised interview:
"There is internal acceptance for the continued nomination of Maliki for Prime Minister
. Maliki is capable of monopolizing weapons in the hands of the state
. Withdrawing support for Maliki will give Trump the opportunity to expand his influence and will lead to further problems."
Baghdad International Fair: An effective platform for connecting Iraq to global markets
The Baghdad International Fair train has reached the middle of its stations, amidst a wide interaction from Iraqi and international participants, reflecting the importance of this economic event and the real opportunities it holds for cooperation and partnership.
Over the past few days, the exhibition halls have witnessed remarkable activity, including direct meetings and exchanges of experiences between participating companies and delegations, reflecting a shared desire to build mutually beneficial economic relations.
The exhibition continues to play its role as an effective platform for linking the Iraqi market with its regional and international counterparts, and opening new horizons for partnerships that contribute to supporting the national economy and achieving sustainable development.
On its fourth day, the exhibition began its activities by organizing the Iraqi-Bulgarian Forum, which aims to enhance economic cooperation between the two friendly countries.
Mechanisms for cooperation
The Director General of the Private Sector Development Department at the Ministry of Trade, Dr. Malik Khalaf Al-Duraie, said: The current stage requires developing mechanisms for economic cooperation in line with the changes taking place in the Iraqi market and the increasing openness to international partnerships, indicating that the volume of trade exchange between Iraq and Bulgaria reached about 300 million dollars, distributed across several sectors, which reflects the existence of a common ground that can be built upon and expanded in the next stage.
Al-Duraie explained in an interview with Al-Sabah that the future vision focuses on activating the work of the Iraqi-Bulgarian Trade Council through well-defined plans and clear programs, aimed at increasing the volume of trade exchange by no less than 20 percent, based on market needs and the capabilities of both parties. He added that the ambition is not limited to import and export activity, but rather is directed towards moving towards real investment partnerships, especially in the fields of industry and agriculture, which will contribute to transferring expertise, enhancing local production, and achieving mutual economic benefit for the two countries.
Iraq's growing importance
For his part, the representative of the Iraqi Ministry of Foreign Affairs, Dr. Abdul Salam Saddam, considered the forum to be a reflection of the growing importance of Iraq on the global stage, and an affirmation of its position as an important link in its regional and international environment.
Saddam added to Al-Sabah that the forum represents a promising opportunity for participating countries and companies to strengthen cooperation frameworks and build economic and developmental partnerships that serve common interests and contribute to supporting development and stability efforts, stressing the Ministry of Foreign Affairs’ keenness to support such events that open new horizons for communication and economic openness.
Great efforts
Valentin Nikolov, the Chargé d'Affaires of the Embassy of the Republic of Bulgaria in Baghdad, praised the efforts made by the Iraqi government and the business community in organizing this forum, which aims to enhance economic cooperation and open new horizons for communication between the two countries. He considered the holding of such forums a real opportunity to develop economic cooperation and exchange experiences, in a way that serves common interests and strengthens the bilateral partnership.
Nikolov added to Al-Sabah that business fields represent a basis for organizing economic relations between Iraq and Bulgaria, and that Bulgarian companies have extensive experience in the industrial, energy and agricultural sectors, as well as other investment fields, indicating that Bulgaria pays great attention to working in Iraq within clear and transparent frameworks, which contributes to building sustainable partnerships that serve both parties.
Supporting positive decisions
Meanwhile, the head of the Federation of Iraqi Chambers of Commerce, Abdul Razzaq Al-Zuhairi, believes that the reality of the Iraqi private sector has become more distinguished in the current stage, supported by a number of positive decisions that have contributed to strengthening its role and stimulating its activity within the market.
Al-Zuhairi told Al-Sabah that these steps have clearly impacted the development of the work of the Iraqi-Bulgarian Business Council, which has become a positive model for joint economic cooperation. He pointed out that the goal is to reach a clear and effective Iraqi economic map that focuses on strategic sectors that serve the Iraqi market and meet its needs, and contribute to achieving sustainable growth and balanced partnerships with friendly countries.
A launchpad for strengthening cooperation
Meanwhile, the head of the Iraqi-Bulgarian Business Council, Salah al-Din Saleh, stated that the council is a launchpad for strengthening economic cooperation and encouraging mutual consultations between businessmen in the two countries, noting that the council works to create real job opportunities and provide a suitable environment for communication between Iraqi and Bulgarian companies, which contributes to building sustainable partnerships.
In his interview with Al-Sabah, Saleh stressed the importance of exchanging technical and knowledge-based expertise, noting that this path would attract promising investments and consultations, enhance economic development, and support productive sectors, thus achieving common benefit and keeping pace with the requirements of the next stage.
Insurance sector
The exhibition witnessed a remarkable presence of the insurance sector, as the representative of the Iraqi Union Insurance Company and the insurance sector, Dr. Karrar Abdullah Jaber, explained that the presence of insurance companies at the Baghdad International Fair comes within the framework of keenness to spread insurance culture in Iraq and to demonstrate the importance of this vital sector and its role in supporting economic and social stability, stressing that the insurance sector represents a fundamental pillar in protecting individuals and institutions, and contributes to reducing risks and supporting various economic activities.
Jaber told Al-Sabah newspaper that the specialized teams participating in the exhibition were keen to explain the role played by insurance companies and the diverse services they provide, which cover various fields and sectors, and to highlight the positive results that have directly impacted citizens. He emphasized that these teams worked to clarify the importance of insurance in public life and its role in supporting the national economy and serving all segments of society, as promoting insurance awareness contributes to building a more stable market. Confidence.
Purchase the service
In addition, Kawthar Salah Abd, representative of the Retirement and Social Security Department for Workers at the Ministry of Labor, was keen to highlight the department’s participation in the Baghdad International Fair, noting that it aims to clarify the mechanisms for benefiting from social security, the conditions of participation, and the resulting consequences.
In an interview with Al-Sabah, Abd explained that specialized teams explained the rights of those covered and the importance of social security in providing job and social stability. She added that the department has introduced a "service purchase" service for those who have reached retirement age but do not have enough service time. Through this service, they can purchase the required service period to fulfill the retirement requirements, which contributes to including a wider segment of the population in retirement benefits and strengthening social protection. For the workers.
A new experience
On the sidelines of the exhibition, New Yolk presented a new experience in the Iraqi market in investing in livestock.
The company's representative, Hawraa Abdul Amir, told Al-Sabah: "We have table egg production fields inside and outside Iraq, and the company's doors are open to the public to invest and obtain profits according to legal formulas. This is a unique experience in Iraq."
Foundations of a promising future
In addition, a number of traders and business owners expressed their country’s companies’ desire to engage in large commercial and industrial activities with Iraq. While they affirmed that the future of the Iraqi economy is large and important in the Arab world, they explained that the markets of Mesopotamia possess the elements of a promising future.
Nasser bin Abdullah Al-Sawafi, owner of a perfume and oil company from the Sultanate of Oman, said on the sidelines of the Baghdad International Fair: His country has had participation in the Iraqi market through the Baghdad International Fair for five years, noting that his company, which has commercial partnerships with the Gulf Arab states, is participating in the fair for the first time.
Al-Sawafi promised that participation in the exhibition would be "successful," explaining that the Iraqi market welcomes Omani goods.
He predicted that his country’s companies would have a promising future in Iraq, strong trade relations between the two brotherly countries, and the creation of a deep economic partnership and dialogue focused on investment and private sector activity, expressing his hope to facilitate the entry of citizens between the two countries to strengthen ties in all fields.
Egyptian desire
Meanwhile, Hani Mahmoud, a trader in the cotton industry, expressed his company's keenness to have priority in entering the local market, describing the Iraqi market as one of the strongest Arab markets currently in terms of purchasing power.
Mahmoud added to Al-Sabah that most Egyptian companies have a clear desire to expand their activities in general, calling for the exhibition to be extended to more than a week in order to allow for important commercial partnerships to be established between Arab and foreign delegations and Iraq.
Meanwhile, Zaidan Saud Al Abdullah, the owner of a perfume and cosmetics company and an Emirati businessman, stated that he works in the organizing body for international exhibitions in which his country participates, indicating that he has participated in more than five exhibitions in the capital, Baghdad.
Al-Abdullah added, in an interview with Al-Sabah, that his country seeks to open broad trade horizons with Iraq, appreciating the Baghdadi demand for Emirati products, which made it the first among Gulf companies, encouraging his country to open large stores for its products inside Iraq.
Business partnerships
In a related context, Murad Kamal, owner of the Jordanian National Paints Company, said that this is his company's second participation in the exhibition, noting that he found good interest among Iraqis in creating commercial partnerships with countries in the region because they have a promising market and a great economic future.
Kamal explained to Al-Sabah that his company had completed several contracts with the Iraqi side, while calling for special facilities for Jordanians in terms of entry and import, and for allowing Iraqi goods to enter as competitors with products from other countries.
He pointed out that the Jordanian side, in turn, will work to facilitate the activity and trade of Iraqis there, especially since several meetings have taken place between joint chambers of commerce between the two countries, which will result in actual measures on the ground.
