Ammon News - President of the Jordanian Businessmen Association (JBA), Hamdi Tabbaa, on Monday met with Sri Lanka's Ambassador to Jordan, Shanika Dissanayake, for a discussion on the development of trade and investment ties between the two countries and the role of the business community in this regard.

According to JBA statement, Tabbaa stressed the importance of strengthening investment cooperation between the two countries, indicating that Jordan is full of various investment opportunities.

During the meeting, he said that the Jordanian economy possesses many promising sectors, foremost of which are the tourism, information technology, financial and banking sectors, underling the necessity of exchanging visits of trade delegations to examine available economic opportunities in the two countries.

Tabaa emphasized that setting up a business council between Jordan and Sri Lanka would fundamentally contribute to developing commercial ties and enhancing investments attraction.

For her part, Ambassador Dissanayake said that the relations between the two countries are distinguished at various levels and are witnessing continuous development, pointing out that there are many areas and opportunities through which to increase the volume of trade and support joint economic ties.

She added that there are many Jordanian industries that the private sector in her country is interested in importing, especially medicines, fertilizers and olive oil, stressing the importance of moving towards forming a joint Jordanian-Sri Lankan business council.

Dissanayake explained that the volume of trade exchange between Jordan and Sri Lanka is below the level of ambitions, which calls for increasing the promotion of available products and industries on both sides, stressing the embassy’s readiness to cooperate with the association to enhance economic and trade relations between the two business communities.

Jordan's exports to Sri Lanka amounted to nearly $4 million in 2019, concentrated in textiles, clothing and home furniture, compared to about $35 million imports of spices, cardboard and woven fabrics.