Iraq is going to sell 10,000 barrels per day (b/d) of oil from its Kirkuk oilfields to Jordan at a special price and Iraqi goods imported through Aqaba port will have preferential tariffs.

Iraq plans to reduce the price of oil traded to Jordan, in return for getting preferential tariffs on goods that Iraq receives from Jordan through Aqaba port.

Jordan and Iraq met Baghdad to discuss the development of closer ties between the two countries, as well as the acceleration of the planned oil and gas pipeline.