Locally, Haj Tawfiq said Jordan’s Economic Modernization Vision is a road map for the next ten years, highlighting the government’s effort to complete a new investment law to improve the Kingdom’s business climate, in light of its stability and trade agreements signed with various global economic blocs.
He also stressed the need to revive Turkish-Jordanian free trade agreement (FTA) that was suspended in 2018.
Elaborating influence of scrapping the FTA, he said the Kingdom’s imports from Turkey amounted to $683 million in 2017, compared to %140 million in exports, while imports rose during the past year to $691 million, compared to $98 million in exports.
In this regard, he noted any disproportion of Jordan- Turkey trade balance could be addressed by setting exceptional lists to protect Jordanian industries.
On steps to push cooperation, Haj Tawfiq called on Jordanian traders and investors to participate in international, regional and Arab forums and exhibitions to get acquainted with participating countries’ products, seize opportunities to establish trade partnerships, network with companies and open new markets.
Investment in Palestine is “a national and religious duty,” with the aim of supporting Palestinian people’s steadfastness, in light of the Israel’s practices and its continuous attempts to control Palestinian economy.
Source: Jordan News Agency