FM, U.S. counterpart sign $1.45b new MoU

[17-09-2022 07:18 PM]

Ammon News - Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi and U.S. Secretary of State Antony Blinken signed a memorandum of understanding (MoU) on strategic partnership between Jordan and the Unites States.
Under the MoU, the United States supports providing $1.45 billion per year in U.S. bilateral foreign assistance to Jordan beginning in Fiscal Year 2023 and ending in Fiscal Year 2029.
Last July on the sidelines of the Jeddah Security and Development Summit, U.S. President Joe Biden, following a meeting with His Majesty King Abdullah, announced his country’s intention to enter into a new memorandum of understanding (MoU) for assistance to Jordan, in which the US supports Jordan with no less than $1.45 billion annually between the years 2023 and 2029.
"The MOU represents a major commitment to Jordan’s stability and the durability of the strategic partnership," a joint statement on the signing of the bilateral Memorandum of Understanding on strategic partnership between Jordan and the United States said.
"The U.S. commitment to Jordan’s security and prosperity is ironclad," the statement stressed.
"This MOU will address the extraordinary challenges Jordan faces, as it mitigates the heavy impact of regional challenges, supports King Abdullah II’s economic reform program, and ensures the long-term strength of the close partnership between the United States and Jordan," according to the statement.
"This MOU comes at a critical juncture. The Government of Jordan is prioritizing and implementing key reforms to strengthen its economy and enhance services to its people," the statement said.
"The Hashemite Kingdom of Jordan highly values its partnership with the United States of America and is grateful for the support it continues to provide to Jordan to help its economic development process and support the Kingdom’s efforts in providing dignified lives to millions of refugees," the statement said.
"The United States is committed to helping Jordan further develop its economy and strengthen its resilience," it noted.
The two countries voiced their desire to work together to confront the climate crisis, including the severe water scarcity challenge, adding that the partnership between Amman and Washington will also foster cooperation and investment in infrastructure, energy, water, food security and climate, facilitating much-needed regional integration, according to the statement.
"This MOU will advance the peace and prosperity of Jordanians and Americans, and we look forward to further developing the deep, enduring friendship between our peoples," the statement stressed. (Petra)

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