Tuesday, 02 January 2024 12:17 GMT

Jordan, Morocco Explore New Avenues For Trade, Investment Cooperation


(MENAFN- Jordan News Agency)


Amman, July 16 (Petra) – The Board of Directors of the Amman Chamber of Commerce held a virtual meeting with Jordan's Ambassador to Morocco, Jumana Ghunaimat, to explore mechanisms for enhancing trade and investment cooperation between the two countries and identifying available economic opportunities.
The meeting followed up on the outcomes of a session held last month between the Chamber's board and the Moroccan Ambassador to Jordan, Fouad Akhrif, during which both sides agreed to organize an economic delegation visit to the Moroccan capital, Rabat. The delegation will represent a wide range of sectors, and preparations are underway for a joint business forum.
According to a statement issued by the Chamber on Wednesday, the meeting also addressed the role of the Jordanian Embassy in Rabat in coordinating and facilitating the delegation's visit, including arranging meetings between Jordanian and Moroccan business representatives to further economic ties.
Chairman of the Chamber, Senator Khalil Al-Haj Tawfiq, emphasized the deep-rooted and longstanding relationship between Jordan and Morocco, highlighting the importance of advancing bilateral ties, especially economic ones, and initiating a new chapter of cooperation between the private sectors in both countries.
Senator Al-Haj Tawfiq stressed that enhancing economic relations requires stronger partnerships between private sector institutions and broader communication channels, pointing out that Morocco serves as a strategic gateway for Jordan to access African markets.
For her part, Ambassador Ghunaimat welcomed the proposal to organize an economic delegation and hold the forum, affirming her readiness to support preparations and provide the Chamber with a comprehensive plan to ensure the visit achieves its trade and investment goals.
She also called for the promotion of medical, religious, and family tourism, suggesting the development of promotional strategies in that regard. Ghunaimat noted that activating a direct flight route between the two countries would significantly bolster the tourism sector.
Additionally, she proposed the possibility of signing a twinning agreement between the Amman Chamber of Commerce and either the Casablanca Chamber of Commerce, Industry, and Services or the General Confederation of Moroccan Enterprises.
It is worth noting that Jordanian exports to Morocco reached JD 42 million last year, while imports from Morocco stood at approximately JD 9 million.

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