AMMAN — President of the
Jordan Chamber of Commerce (JCC),
Khalil Haj Tawfiq, met in Beirut with secretary-general of the
Union of Arab Chambers (UAC), Khaled Hanafi, to discuss the ongoing arrangements for the 20th
Conference of Arab Businessmen and Investors, which will be hosted in Jordan
next October.
اضافة اعلان
The UAC, JCC, and the
Arab League are jointly organizing the
Conference, set to commence on October 18th, reported the Jordan News Agency,
Petra.
The event will feature official Arab participation, as well
as business and industry chambers, agricultural organizations, and joint
Arab-foreign chambers of commerce.
Arab and foreign investors and business
owners, as well as banks and financial institutions, will also be in
attendance.
Haj Tawfiq highlighted the significance of the upcoming
conference, which will focus on exploring the investment climate, policies,
incentives, and recent legislation in Jordan and other Arab nations to attract
investments, as indicated in a statement by the JCC on Thursday.
upcoming phase of economic cooperation
Furthermore, Haj Tawfiq said that the current digital
revolution has spawned new economies and established new market norms,
necessitating all Arab nations, particularly the private sector, to prepare
their infrastructure and take unconventional initiatives, as they have the
resources to accommodate this critical advancement.
He also emphasized the importance of shifting Arab nations
from being consumer societies to producers, providing numerous new and
innovative opportunities for the
younger generation of entrepreneurs.
Hanafi drew attention to the fact that the upcoming phase of
economic cooperation among Arab nations should surpass the conventional notion
of trade and
investment exchange, advancing towards the stage of strategic
partnership by effectively preparing for the establishment of a customs union
and standardizing specifications for goods and services. This will foster the
competitive edge of Arab countries and facilitate economic advancement.
Role of the JCC
In turn, Hanafi pointed out that the JCC plays a prominent
and distinctive role within the Union, and is one of the influential chambers
within the Union's board of directors. The chamber consistently endeavors to
work with all Arab parties to reinforce efforts toward Arab economic
integration.
Emphasizing the chamber's significance at the local level,
he noted that it represents one of the active entities within the Kingdom and
has an effective role in collaborating with public sector institutions to
design policies related to trade and service sectors, including
information technology and communications.
The chamber also participates in developing necessary
strategies and their implementation, and is among the contributors to efforts
aimed at developing and promoting trade and services.
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