AMMAN — Extending a joint memorandum of
understanding between Jordan and the US from five years to seven years will
give the cash-strapped Kingdom more time to plan for its future projects,
US Ambassador Henry T. Wooster said on Sunday.
اضافة اعلان
His comment came in a gathering with the press, held
at the US embassy. It followed the signing of a cash transfer agreement,
setting the stage for disbursing funds from Washington to Amman.
The transfer of $845.1 million signifies the
continued US commitment to the partnership with Jordan, the ambassador pointed
out.
“Sunday marks the last agreement, and transfer under
the 2018 Memorandum of Understanding which, when combined with the new
memorandum signed by our governments in September, equates to the largest US
economic assistance program in the world,” Wooster explained.
Separately, the ambassador commented to
Jordan
News on the possibility of enhancing investment cooperation between the two
countries, bringing in more American investors to the Kingdom, and deepening
the Jordanian-American partnership.
“Our duty lies in
creating appropriate conditions that enable investors to establish more
projects and investments,” he said. He noted that Jordan must also provide
incentives, and create an attractive investment environment to attract a flow
of foreign capital into the heavily indebted, resource-poor Arab nation.
He said that the US highly supports His Majesty King
Abdullah’s vision for economic, administrative, and political reforms.
“We look forward to continuing our support to Jordan
to get out of its crises, most notably the repercussions resulting from the
COVID-19 pandemic,” the ambassador said.
Last September, Jordan and the US signed a new,
seven-year memorandum of understanding, which poor $10.15 billion in funds to
the Kingdom. “This is the longest and largest memorandum signed by our
governments,” Wooster noted.
The ambassador also emphasized that the “US will
work with the government and people of Jordan to boost economic recovery,
strengthen water security, and set the conditions to provide Jordanians the
education, healthcare, and job opportunities they need.”
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