Jordan-Saudi trade exchange surpasses JD3.73 billion

Jordan Saudi KSA Trade
(File photo: Jordan News)
AMMAN — The trade exchanges between Jordan and Saudi Arabia reached an impressive JD 3.73 billion in 2022, with Jordanian exports contributing JD840 million, according to Khalil Al-Hajj Tawfiq, president of the Jordan Chamber of Commerce (JCC).اضافة اعلان

Speaking at a meeting with Hassan Al-Huwaizi, chairman of the Saudi Federation of Chambers of Commerce, on the sidelines of the 10th Arab-Chinese Businessmen Conference, Hajj Tawfiq expressed his hope for an economic relationship that serves as a model aligning with the aspirations of both nations, as reported by the Jordan News Agency, Petra.

Twinning program
Hajj Tawfiq emphasized the need for a twinning program between the JCC and the Saudi Federation of Chambers of Commerce.

He stressed the importance of transforming the Jordanian-Saudi relationship into genuine partnerships based on mutual benefits.

"Providing employment opportunities for the youth is not only a national obligation but also a professional duty," said Hajj Tawfiq, underscoring the significance of new projects and exploring fresh investment opportunities.

New phase in bilateral relations
In a statement released by the JCC on Tuesday, Hajj Tawfiq highlighted the importance of moving towards a new phase in bilateral relations between Jordan and Saudi Arabia.

He emphasized the promising prospects for expanding trade and investment cooperation and the need for synergy between their economic visions to serve common interests.

This includes increasing bilateral trade, fostering collaboration between the private sectors of both countries, and advocating for new partnerships and expanded areas of cooperation.

Hajj Tawfiq also emphasized the significance of agreeing on investments that contribute positively to sustainable development.

In response, Huwaizi reiterated the commitment of the Saudi private sector to achieving common interests and enhancing bilateral economic and trade cooperation. He stressed the importance of intensifying business visits between entrepreneurs and addressing any obstacles that impede the growth of trade exchanges.

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