Jordanian-Palestinian Agreement to Promote Economic and Trade Cooperation

03-Aug-2019

 

Alrai ــــ Jordan and Palestine have agreed on a number of mechanisms aimed at boosting economic cooperation between the two brotherly countries in various fields, especially commercial ones, and working to remove the obstacles that obstruct the flow of goods in both directions.

During the meeting, Minister of Industry, Trade and Supply Dr. Tarik Al-Hammouri and the accompanying delegation concluded an official visit to Palestine on the importance of joint action to accelerate the pace of economic cooperation and face all obstacles, Investment projects in various fields.. The meeting was attended by Palestinian Chairman Mahmoud Abbas at the presidential headquarters in the city of Ramallah, Dr. Hammouri and his accompanying delegation in the presence of Palestinian Minister of National Economy Khalid al-Asaily.

During the meeting, Chairman Abbas stressed the deep brotherly relations between the two peoples and the two brotherly countries in all fields.Chariman  Abbas praised the great support offered by Jordan to the Palestinian cause and the need to work intensively to promote trade exchange between the two countries and develop it in the interest of both peoples.

During his visit during which he opened the fifth Jordanian Industries and Products Exhibition in Jenin with Prime Minister Dr. Mohammed Ashtayeh and Minister of National Economy Khalid Al-Assaily, and discussed with them the necessary steps to activate economic cooperation and maximize the use of opportunities and fields available.

The meeting was attended by the Secretary-General of the Ministry of Industry, Trade and Supply Yousif Al-Shamali, Director of the Jordanian Representation Office in Ramallah Mohammed Abu Wandi, Director General of Food and Drug Authority, Chairman of Jordan Chamber of Commerce Nael Kabariti and a number of officials and representatives of the Jordanian private sector.

He stressed. Al-Hammouri said that Jordan is putting all its available resources at the service of the Palestinian economy within the framework of Jordan's support under the leadership of His Majesty King Abdullah II for the steadfastness of the brothers in Palestine and enabling them to build an economy capable of meeting the needs of the Palestinian people.

He said. Al Hammouri said that, in accordance with the national duty of Jordan to provide all forms of support to strengthen the steadfastness of the Palestinian brothers, the Jordanian government is working through the relevant ministries and their counterparts in the State of Palestine to put in place the Royal directives to support the brothers in the State of Palestine in all fields, Mechanisms to develop economic and trade relations between the two countries and to find commercial and investment opportunities for the Jordanian and Palestinian business community, which is linked to historical trade and social relations.

He added Al Hammouri said, "When we look at trade exchange between our two countries, we find it far less than our ambitions. Total trade in 2018 reached 207 million dollars and nearly 70 million dollars by the first third of this year. ‘’He stressed that these figures put before us a joint responsibility in the public and private sectors to ensure that they do not retreat and work hard to increase them in light of the great potential available to both the private sector of Jordan and Palestine”.

"Business owners can benefit from market access opportunities for products manufactured in Jordan to enter the markets of trading partners, and here lies the importance of working to establish complementary industries between the two countries so that half products manufactured from Palestine are imported and completed in Jordan for export under trade agreements Which Jordan is associated with a number of trading partners. 

Al-Hammouri and the Palestinian Minister of Economy have signed memorandums of understanding to set a timetable for enhancing trade exchange as well as cooperation in a number of areas, such as specifications. “The two countries are facing major challenges and compromising projects for the Palestinian cause," the Palestinian prime minister said after the signing of the agreements. "The King's Majesty was at the top of clarity regarding the political project being discussed on the right of return of refugees and the Palestinian state.










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