Scattered Clouds
clouds

18 April 2024

Amman

Thursday

71.6 F

22°

Home / Jordan News

King urges industrial sector to build on free trade agreements

30-06-2021 12:51 AM


Ammon News -

His Majesty King Abdullah on Tuesday urged the industrial sector to build on free trade agreements, stressing the importance of increasing the sector’s competitiveness and stimulating exports.

King Abdullah, during a meeting with sector representatives at Al Husseiniya Palace, noted that Jordanian industries have witnessed success stories despite challenges, highlighting the sector’s key role in meeting local demand for basic goods throughout the COVID-19 pandemic without interruption.

At the meeting, part of a series of meetings with private sector representatives, His Majesty stressed the importance of moving forward with public-private sector cooperation to prepare an action plan for economic development, which would include increasing the competitiveness of the industrial sector and addressing the challenges it faces, such as energy and water costs and the need to facilitate governmental procedures.

The King said economic reform goes hand in hand with administrative reform, adding that upholding the rule of law helps in investment promotion.

His Majesty highlighted the outcomes of his recent visit to Iraq, stressing that it was a success with regard to opening the Iraqi market to Jordanian exports, and noting the opportunities offered by the free trade agreements that Jordan, Egypt, and Iraq have with regional and international countries.

Attendees at the meeting discussed the most pressing challenges the industrial sector is facing, especially in terms of tax, customs, and government procedures, offering suggestions to develop the sector and enhance public-private cooperation and partnership.

Prime Minister Bisher Khasawneh, Director of the Office of His Majesty Jafar Hassan, Industry, Trade, and Supply Minister Maha Al Ali, and Finance Minister Mohamad Al Ississ attended the meeting.




No comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :