AMMAN — Minister of Agriculture Khalid Al-Hunifat
on Tuesday said the government has approved JD1 million from the Agriculture
Risk Fund to subsidize the export of last year’s olive oil surplus.
اضافة اعلان
The subsidies will only apply to quantities not
exceeding 1,000 tonnes, according to the Jordan News Agency, Petra.
The
decision was issued to address the
surplus problem, which was due to
unorganized imports, according to a statement by the ministry.
For
his part, president of the Jordanian Olive
Products Exporters Association (JOPEA), Fayyad Al-Zyoud, said that the olive
oil surplus from the last season stood at 2,500 and 3,000 tonnes, which can fill
some 220 oil tins, adding that the government’s support will help export those
quantities to the markets.
Zyoud
pointed out that Jordanian olive oil has received around 50 international
rewards, estimating Jordan’s upcoming productions rate of olives to reach to
170,000 tonnes.
Around
15 million olive trees of different kinds exist in Jordan, according to Zyoud.
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