The Iraq Business Council is due to hold a meeting at Jordan's Red Sea port of Aqaba on June 30 to appraise the role of the facility in Iraq's reconstruction, IBC's chairman Saad Naji said Saturday, according to dpa. At least 40 leading Iraqi investors in various sectors are due to take part in the three-day meeting "which seeks to acquaint Iraqi businessmen with the investment environment of the Aqaba Special Economic Zone (ASEZ) that could be of benefit in terms of helping the process of rebuilding Iraq", Naji said in a statement. "The Iraqi businessmen will in particular focus on making use from the multi transport systems and logistic services available at Aqaba in such a manner that facilitates their link-up with the Iraqi market," he added. Over the past three decades, Aqaba has been used as a major conduit for Iraq-destined trade, particularly during the Iraq-Iran war and the UN sanctions on Iraq that were imposed after the former regime of President Saddam Hussein invaded Kuwait in August 1990. -- SPA
