Ammon News -

The Jordan Chamber of Industry (JCI) and Azerbaijan Small and Medium Business Development Agency (SMBDA) on Sunday signed a memorandum of understanding (MoU) to enhance trade and investment cooperation between the two countries' companies.

JCI Chairman, Fathi Jaghbir, who signed the MoU, alongside SMBDA President, Orkhan Mammadov, said the Jordanian chamber always seeks to maintain "continuous and close" contact and exchange of information related to trade, investment opportunities, and economic and trade cooperation with various countries.

The MoU seeks to push contact among the two countries' businesses and private sector companies, by holding joint economic missions, trade fairs and other promotional activities to enhance the two countries' small and medium-sized businesses (SMBs) cooperation.

Mammadov, for his part, stressed the importance of partnership with JCI, noting that small and medium-sized enterprises (SMEs) sector is a "vital" economic contributor and its support brings "remarkable" benefits.