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Sunday, December 6 - 2009

Jordan, Iraq car exports fall

  • Jordan: Tuesday, June 16 - 2009 at 10:49

President of the Jordan Free Zone Investors Association, Nabil Abu Rumman has said that automobile re-exports to the Iraqi market had dropped by 70% during the first half of this year, compared to the same period of 2008, according to the Jordan Times. He attributed the decline to security reasons on the Iraqi side and 'complicated entry procedures' into Jordan for Iraqis, in addition to competition from Dubai and Syria. The number of imported cars to be re-exported to other markets such as Iraq and Libya is expected to be reduced from over 16,000 to 12,000 because of low demand, Abu Rumman added.

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