Al-Hammouri: We Look Forward To Increasing Trade With Palestine

31-Jul-2019

Alrai ـــ Jordanian Minister of Industry, Trade and Supply Tariq Al-Hammouri and Palestinian Minister of National Economy Khaled Al-Assaily opened the fifth exhibition of Jordanian products and industries organized by the Amman Chamber of Industry in the northern West Bank town of Jenin, with the participation of Jenin Governor Akram Rajoub and representatives of the Palestinian and Jordanian public and private sectors. From various industrial sectors”.

"We are looking forward to increasing the volume of trade with Palestine.

We have witnessed an increase in bilateral trade, and there is a political will to increase it despite all the challenges. Today we are coming for the fifth time to achieve this, and we hope that it will be the next time in Jerusalem," Hammouri said.”

Al-Hammouri pointed out the results of the meeting of the Joint Higher Committee which took place on July 7 in Amman on the signing of several memoranda requiring mutual recognition of specifications and standards and cooperation with the Jordanian Food and Drug Authority.

Where we are working to increase trade exchange and discuss the importance of exploiting marketing opportunities in the global markets and achieve integration in various fields.

For his part, Al-Osaily said during the opening of the exhibition on behalf of the Palestinian Prime Minister Mohammed Ashtia,"The efforts are being made to increase the volume of trade exchange between the State of Palestine and the Hashemite Kingdom of Jordan to one billion dollars and with all the Arab countries through Jordan the eastern gateway to our Arab depth.

Al-Osaily pointed to the agreement on the establishment of a joint company to manage the Jordanian-Palestinian Free Trade Zone, which will manage the logistics area and provide the required services to facilitate the import and export movement and the expected positive impact and its contribution to improving the level of trade.

 Which will facilitate trade and overcome the obstacles we face in view of the arbitrary and discriminatory policies imposed by the Israeli occupation and their effects are reflected on the volume of intra-trade and the consequent increase in cost and time and reduce competitiveness”.

Our products are Palestinian. "The organization of this exhibition is a message of support and support for the trends of disengagement from the occupation economy by reflecting our integration with the Hashemite Kingdom of Jordan and our Arab brothers.

It also reflects the insistence on the presence in Palestine, which is subjected to economic siege, financial extortion, forced displacement, "He said.

"The organization of the exhibition in Jenin governorate is an opportunity for businessmen to visit the industrial city of Jenin, which is the only free industrial zone in Palestine.

 The tender was forwarded to the developer company to the Turkish company Kai expected to sign the contract for the start of implementation of infrastructure during the next week," he said.

Partnerships to invest in this region. "We are interested in promoting Jordan's products in our markets to achieve economic integration.

 It is important that this exhibition is a new base for the launch of prosperous and successful economic relations in the future between the two countries to develop economic relations in line with our aspirations, “said Amr Hashim, head of the General Federation of Chambers of Commerce and Industry.

Disengagement from the Israeli occupation economy.

 “For his part, President of the Chamber of Commerce and Industry of Jenin, Ammar Abu Bakr, stressed the importance of strengthening the economic and trade partnership between the two countries and the capabilities of chambers of commerce in translating this relationship,pointing to pride in Jordanian products as well as national products.

"We look forward to integration in the opening of new markets.

 “It is noteworthy that the volume of trade exchange between the two countries amounted to 230 million dollars in 2017, of which 153 million commodity imports from Jordan, 77 million commodity exports to Jordan, while data showed in 2017 that 63 percent of foreign direct investment in Palestine concentrated in the financial intermediation, And foreign investments from Jordan accounted for 81.3 percent of these data.









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