Ammon News - The Jordan Chamber of Industry (JCI) and the General Confederation of Algerian Enterprises (CGEA) on Tuesday signed a memorandum of understanding (MoU) to support Jordanian-Algerian trade and boost economic relations.

JCI President Fathi Jaghbir stressed the importance of the MoU in helping Jordanian and Algerian businessmen build beneficial economic relations, noting the Algerian market is key for Jordanian exports.

He underlined the need to promote investment opportunities in the Jordanian local market to Algerian businessmen, saying an official visit to Algeria will be organized later to discuss investment opportunities in both countries.

Jordanian industry is known for high quality and efficiency that meet the standards of Arab, European and American markets and can keep pace with modern technology, he added.