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June 30 2022 11:08 AM ˚
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Jordan, Brazil discuss trade ties

8. Brazil Picture
(Photo: Jordan News Agency, Petra)
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AMMAN  — The Amman Chamber of Commerce (ACC) Vice President Nabil Al-Khatib and Brazilian Ambassador Ruy Amaral discussed economic ties, exchange of product diversification, and the private sector’s role in this regard, according to the Jordan News Agency, Petra.اضافة اعلان

According to an ACC statement Wednesday, Khatib stressed the chamber’s interest in boosting investment relations with Brazil in various spheres, increasing trade exchange, and encouraging the private sector to organize joint projects.

He said trade exchange with Brazil in 2021 amounted to $419 million, of which 293 million were imports to the Kingdom, while $126 million were Jordanian exports, mainly potash and fertilizers, expressing interest in reaching strategic cooperation in food security with Brazil.

The chamber will promote Brazilian trade and investment opportunities to all commercial and services sectors, he noted.

The Brazilian envoy that Brazil seeks to increase its fertilizer imports from Jordan since its agriculture sector is rapidly developing, thus in need of more fertilizer imports.

Trade between Jordan and Brazil has significantly developed, he said, as Jordanian exports to Brazil in the last five months grew by 60 percent, while imports in the same period soared by 250 percent.

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