Economic conference calls for solutions to movement of goods in Middle East
AMMONNEWS - A regional Economic Integration conference has called for finding solutions to the movement of goods between the countries in the Middle East.
The Conference, which concluded on Friday, was organized by the World Bank and the Levant Business Union in Beirut, with the participation of Jordan.
Reem Badran, a member of the Jordanian delegation at the Conference, called upon Arab governments to allow larger opportunities for the private sector by developing legislation, particularly with regard to 'PPP', which means the partnership between the public and private sectors in which the public provides a legislative framework and the private sector plays an executive role.
Badran, who is also a board member of the Amman Chamber of Commerce, told Jordan News Agency Petra that, 'Jordan, due to its special position, was an important trade center, and now we are looking to strengthen its position as a link between the Gulf states, Europe and many other countries'.
Concerning the expansion of infrastructure in the Kingdom, she said, 'We have a very robust infrastructure, compared with our limited resources ..We are working to expand the port area in Aqaba, in addition to the railway link project, which is a regional project,' she added.
Badran noted that Jordan has created a number of plans and studies in this regard, but is facing financial challenges in terms of implementation, and is requesting the World Bank to support these projects.
She pointed to the kingdom's investment climate, which enjoys security and stability, in a region that has suffered from conflict and uncertainty.
In reply to a question, Badran pointed to the visit of His Majesty King Abdullah II to Ankara, which offered numerous opportunities to Jordan as His Majesty met with Turkish businessmen, who spoke about the problems of accessing some Arab markets.
She added that a group of Turkish businessmen were invited to visit Jordan to establish an industrial and services area, noting that discussions are currently underway in this regard.
Further, she commended the World Bank’s report, which was made public during the conference and highlighted challenges and opportunities in the region, with a focus on Jordan, Syria and Lebanon, as well as Egypt and Iraq.
She noted that the report discussed enhancing trade and economic cooperation between the region's countries, as well as developing infrastructure throughout the entire region.
*Petra
AMMONNEWS - A regional Economic Integration conference has called for finding solutions to the movement of goods between the countries in the Middle East.
The Conference, which concluded on Friday, was organized by the World Bank and the Levant Business Union in Beirut, with the participation of Jordan.
Reem Badran, a member of the Jordanian delegation at the Conference, called upon Arab governments to allow larger opportunities for the private sector by developing legislation, particularly with regard to 'PPP', which means the partnership between the public and private sectors in which the public provides a legislative framework and the private sector plays an executive role.
Badran, who is also a board member of the Amman Chamber of Commerce, told Jordan News Agency Petra that, 'Jordan, due to its special position, was an important trade center, and now we are looking to strengthen its position as a link between the Gulf states, Europe and many other countries'.
Concerning the expansion of infrastructure in the Kingdom, she said, 'We have a very robust infrastructure, compared with our limited resources ..We are working to expand the port area in Aqaba, in addition to the railway link project, which is a regional project,' she added.
Badran noted that Jordan has created a number of plans and studies in this regard, but is facing financial challenges in terms of implementation, and is requesting the World Bank to support these projects.
She pointed to the kingdom's investment climate, which enjoys security and stability, in a region that has suffered from conflict and uncertainty.
In reply to a question, Badran pointed to the visit of His Majesty King Abdullah II to Ankara, which offered numerous opportunities to Jordan as His Majesty met with Turkish businessmen, who spoke about the problems of accessing some Arab markets.
She added that a group of Turkish businessmen were invited to visit Jordan to establish an industrial and services area, noting that discussions are currently underway in this regard.
Further, she commended the World Bank’s report, which was made public during the conference and highlighted challenges and opportunities in the region, with a focus on Jordan, Syria and Lebanon, as well as Egypt and Iraq.
She noted that the report discussed enhancing trade and economic cooperation between the region's countries, as well as developing infrastructure throughout the entire region.
*Petra
AMMONNEWS - A regional Economic Integration conference has called for finding solutions to the movement of goods between the countries in the Middle East.
The Conference, which concluded on Friday, was organized by the World Bank and the Levant Business Union in Beirut, with the participation of Jordan.
Reem Badran, a member of the Jordanian delegation at the Conference, called upon Arab governments to allow larger opportunities for the private sector by developing legislation, particularly with regard to 'PPP', which means the partnership between the public and private sectors in which the public provides a legislative framework and the private sector plays an executive role.
Badran, who is also a board member of the Amman Chamber of Commerce, told Jordan News Agency Petra that, 'Jordan, due to its special position, was an important trade center, and now we are looking to strengthen its position as a link between the Gulf states, Europe and many other countries'.
Concerning the expansion of infrastructure in the Kingdom, she said, 'We have a very robust infrastructure, compared with our limited resources ..We are working to expand the port area in Aqaba, in addition to the railway link project, which is a regional project,' she added.
Badran noted that Jordan has created a number of plans and studies in this regard, but is facing financial challenges in terms of implementation, and is requesting the World Bank to support these projects.
She pointed to the kingdom's investment climate, which enjoys security and stability, in a region that has suffered from conflict and uncertainty.
In reply to a question, Badran pointed to the visit of His Majesty King Abdullah II to Ankara, which offered numerous opportunities to Jordan as His Majesty met with Turkish businessmen, who spoke about the problems of accessing some Arab markets.
She added that a group of Turkish businessmen were invited to visit Jordan to establish an industrial and services area, noting that discussions are currently underway in this regard.
Further, she commended the World Bank’s report, which was made public during the conference and highlighted challenges and opportunities in the region, with a focus on Jordan, Syria and Lebanon, as well as Egypt and Iraq.
She noted that the report discussed enhancing trade and economic cooperation between the region's countries, as well as developing infrastructure throughout the entire region.
*Petra
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Economic conference calls for solutions to movement of goods in Middle East
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