AMMAN — The
Ministry of Industry,
Trade, and Supply on Sunday unveiled a strategy to boost Jordanian businesses'
export capacities and capitalize on the various trade and economic agreements Jordan
has signed.
اضافة اعلان
During the launch ceremony,
Minister Youssef Al-Shamali said the national export strategy is an “essential step” toward
implementing the Economic Modernization Vision, a cross-government action plan
that seeks to bolster the economy by providing one million
job opportunities over 10 years and attracting multiple investments.
The 2023–2025 strategy, he said, aims to increase
and
diversify national exports, identify new markets, highlight the quality and
competitiveness of Jordanian products, and maintain the sustainability of
exporting companies.
The strategy's executive plans will be
finalized by the end of March, said Shamali, and a new trade information
platform will be launched this month to help embark on the strategy, along with
an e-commerce strategy that promotes untraditional marketing tools.
Trade indicatorsNational exports grew by 34 percent during
the past year, Shamali said, indicating that the national economy is recovering
from the ramifications of the
COVID-19 pandemic and global circumstances.
He attributed the increase in the
trade balance deficit to the import of raw materials and semi-finished goods. More
than 16 percent of imports are crude oil, the value of which jumped by 55
percent in 2022 compared to 2021, he added.
During the ceremony, a discussion on the
strategy and several economy-related topics took place.
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