Ammon News - President of the Amman Chamber of Industry, Fathi Jaghbeer, on Sunday met with Oman Ambassador to Jordan, Hilal Al-Maamari.

The meeting discussed the possibility of increasing the volume of Jordanian exports to the Sultanate, the chamber said in a statement.

During the meeting, Jaghbeer stressed the importance of establishing joint investments between the two countries and making use of the advantages of relative importance for both parties, underlining the need for these investments to be complementary.

He added that the Chamber welcomes the organization of a Jordanian industrial delegation visit to the Sultanate of Oman, to identify opportunities for joint economic cooperation, and receiving an Omani economic delegation to review the investment advantages available in the Kingdom.

Jaghbeer, who also heads the Jordan Chamber of Industry, indicated that trade exchange between the two countries is still below ambition, and reached $99 million in 2019, as the share of Jordanian exports was $62 million, compared to $37 million of imports.

Ambassador Al-Maamari said his country enjoys an attractive investment climate, low energy costs, and laws that provide many incentives for foreign investors, in addition to its location and proximity to the Arab Gulf markets and African and Asian markets.

Both sides agreed to exchange data on investment opportunities in Jordan and Oman, and dates for exhibitions, in order to arrange for the exchange of visits by economic delegations from the two countries.