AMMAN —
His Majesty King Abdullah on Tuesday urged the
industrial sector to build on free trade agreements, stressing the importance
of increasing the sector’s competitiveness and stimulating exports, a
Royal Court statement said.
اضافة اعلان
King Abdullah, during a meeting with sector representatives
at Al-Husseiniya Palace, noted that Jordanian industries have witnessed success
stories despite challenges, highlighting the sector’s key role in meeting local
demand for basic goods throughout the COVID-19 pandemic without interruption.
At the meeting, part of a series of meetings with private
sector representatives, His Majesty stressed the importance of moving forward
with public-private sector cooperation to prepare an action plan for economic
development, which would include increasing the competitiveness of the
industrial sector and addressing the challenges it faces, such as energy and
water costs and the need to facilitate governmental procedures.
The King said economic reform goes hand in hand with
administrative reform, adding that upholding the rule of law helps in
investment promotion, according to the statement.
His Majesty highlighted the outcomes of his recent visit to
Iraq, stressing that it was a success with regard to opening the Iraqi market
to Jordanian exports, and noting the opportunities offered by the free trade
agreements that Jordan, Egypt, and Iraq have with regional and international
countries.
Attendees at the meeting discussed the most pressing
challenges the industrial sector is facing, especially in terms of tax,
customs, and government procedures, offering suggestions to develop the sector
and enhance public-private cooperation and partnership, the statement added.
Prime Minister Bisher Khasawneh, Director of the Office of
His Majesty Jafar Hassan, Industry, Trade, and Supply Minister Maha Al-Ali, and
Finance Minister Mohamad Al-Ississ attended the meeting.
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