"Jordan Trade" is looking forward to economic companies with the Federation of Saudi Chambers of Commerce

“Jordan Commerce” is wanting ahead to financial firms with the Federation of Saudi Chambers of Commerce

World By Jun 13, 2023 No Comments

The pinnacle of the Jordan Chamber of Commerce, Khalil Haj Tawfiq, careworn the significance of growing financial cooperation relations between the Jordanian personal sector and its Saudi counterpart, calling for the institution of twinning between the Jordan Chamber of Commerce and the Federation of Saudi Chambers of Commerce.

Hajj Tawfiq mentioned, throughout a gathering with the President of the Federation of Saudi Chambers and President of the Chamber of Commerce in Abha, Hassan bin Mujib Al-Huwaizi, on the sidelines of the tenth session of the Arab and Chinese language Businessmen Convention, “It’s needed to maneuver the relations of Jordan and Saudi Arabia into actual partnerships, on the precept of alternate of advantages, which is Want and necessity and obtain frequent pursuits, via Arab financial unity and Arab integration, in mild of the financial challenges the world is witnessing.

He careworn that discovering job alternatives for younger individuals is a nationwide, skilled and ethical responsibility, and it’ll not be accomplished with out funding and industrial tasks and new funding alternatives, based on the Jordan Information Company, Petra.

In response to an announcement issued by the Chamber, at the moment, Tuesday, he indicated the need of shifting the relations of the 2 international locations to a brand new stage in mild of the existence of promising alternatives to broaden commerce and funding cooperation, mentioning that their commerce exchanges in the course of the previous yr amounted to three.730 billion dinars, of which 840 million dinars have been exports to Jordan.

He additionally careworn the necessity to discover integration between the financial visions of the 2 international locations to serve frequent pursuits, improve the quantity of intra-trade, stimulate investments between the Saudi and Jordanian personal sectors, open new partnerships with enterprise homeowners, broaden areas of cooperation and agree on investments that can positively have an effect on sustainable growth.

Al-Haj Tawfiq indicated that it was agreed {that a} Saudi industrial delegation from the chambers of commerce would go to Jordan quickly to see the funding alternatives, offered that the go to was preceded by the chief departments within the chambers coordinating with one another, for the needs of exchanging the knowledge base and offering the Saudi facet with the funding map and a replica of the funding plan. The brand new legislation regulating the funding atmosphere and funding alternatives in Jordan, and the merchandise meant to be exported to Saudi Arabia, and likewise offering the Jordanian facet with funding alternatives in Saudi Arabia and the merchandise meant to be exported or imported.

And he indicated that Saudi firms and buyers can profit from the incentives and benefits supplied by Jordan via commerce agreements signed with many different international locations, along with the financial sectors of frequent curiosity represented by pioneering and progressive tasks within the renewable power sector, the tourism sector, medical tourism, the knowledge expertise sector, meals industries and agricultural merchandise. and others.

He invited the Federation of Saudi Chambers of Commerce to take part within the convention of Arab businessmen and buyers, which can be hosted by the Jordan Chamber of Commerce throughout subsequent October of this yr in its twentieth session, in cooperation with the Federation of Arab Chambers of Commerce and the League of Arab States.

Al-Hwazi careworn the efforts of the Saudi personal sector to attain the frequent curiosity and improve bilateral financial and industrial cooperation between the 2 international locations, stressing the necessity to intensify visits between enterprise homeowners and deal with any obstacles that stop elevating the quantity of commerce exchanges and exploring alternatives and areas of cooperation accessible within the two international locations.

And he indicated that the Jordanian-Saudi relations are an instance of Arab cooperation in all fields, and it’s a vibrant image that may be constructed upon to reinforce joint Arab motion and activate Arab agreements and choices on this regard.

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