Ammon News - Investment Minister Kholoud Saqqaf and Canada's Senate President George Furey Friday held talks in Amman on enhancing Jordan-Canada ties in the economic and investment areas.

In a statement, Saqqaf said there are "many" agreements signed between Jordan and Canada to strengthen economic cooperation and strengthen partnership, including the free trade agreement, which is the first to be signed by Canada with an Arab country, the double taxation prevention agreement and the protection and encouragement agreement.

She said the agreements between the two countries have a major role in "revitalising" intra-trade and developing partnerships, given Canada's expertise in economic development and investment climate.

She noted that Canada is one of the targeted countries in the investment promotion strategy prepared by the investment ministry for 2023-2026 to attract more Canadian investments to Jordan.

She added, "The Jordanian government, under royal directives, seeks to make Jordan a destination for investments and has embarked on introducing many reforms to the business environment. A new law and bylaw for regulating the investment environment were approved within the best international practices.

"In addition, the Ministry of Investment came to being to become the main reference for investment in the Kingdom."

Furey commended Jordan's efforts in economy and investment, noting that Jordan is a "safe" destination for investment because of the security and stability it enjoys and the encouraging investment environment.