AMMAN — President of the
Jordanian Businessmen Association (JBA) Hamdi Tabbaa and the Egyptian Ambassador to Jordan Samir
Marzouk discussed economic relations and future prospects for investment
opportunities, and ways to develop relations between the two countries'
business communities.
اضافة اعلان
According to a JBA
statement Wednesday, carried by the Jordan News Agency, Petra, Tabbaa affirmed
the association's keenness to enhance Jordan's economic, trade, and investment
relations with other countries and promote the Kingdom's "important"
investment opportunities, which can be turned into "successful"
projects.
Tabbaa noted the joint Jordanian-Egyptian Business Council,
established in 1985, seeks to overcome the obstacles facing the increase of the
volume of the two countries' trade exchange by promoting joint investment
opportunities and networking their business communities.
Egypt is a key trading partner to Jordan due to its
investments, he said, lauding the "productive" Egyptian labor that
works in Jordan's various sectors.
Tabbaa also expressed hopes to increase volume of Egyptian
investments benefiting from Jordan Investment Law in the "near
future," stressing that the Jordanian-Egyptian-Iraqi tripartite summit,
which was held in Baghdad last June, contributed to supporting joint relations
and discussing investment opportunities.
Tabbaa called on the Egyptian private sector to get acquainted
with Jordan's investment opportunities, as a "safe" destination for
investment and as an economy that provides many investment opportunities.
For his part, the Egyptian envoy lauded the two countries'
"deep-rooted, historic, fraternal" and economic relations, stressing
the embassy's readiness to cooperate with the JBA with the aim of advancing
bilateral ties towards "broader" horizons and overcoming any
obstacles in this regard.
The two countries are willing to continue strengthening
economic relations, especially in tourism, which needs to be jointly promoted,
Marzouk said, stressing the need to implement the two leaderships' visions by
inking joint agreements and pushing ties to higher levels in all aspects.
The envoy also said the recent visit of HRH Crown Prince to
Cairo had a "remarkable" impact on increasing the level of economic
and tourism cooperation.
The volume of
Jordan-Egypt trade exchange amounted to
JD738.2 million at the end of 2020, with Jordanian exports amounting to JD141.9
million, concentrated in fertilizers, chemicals and pharmaceutical products,
while Jordanian imports amounted to JD596.3 million, mainly mineral fuels,
mineral oils, fruits, and dairy products, according to government data.
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