AMMAN —
President of the
Jordan Chamber of Industry (JCI) Fathi Jaghbir discussed on
Wednesday with the
Jordan-European Business Association (JEBA) ways to enhance
joint economic relations and increase Jordanian industrial exports to EU,
according to the Jordan News Agency, Petra.
اضافة اعلان
Despite the
simplified rules of origin agreement with the EU, the trade balance between
both parties is still in favor of the bloc, as the Kingdom’s trade balance
deficit with EU countries increased during the past year by 12.9 percent,
reaching about JD2.671 billion, Jaghbir said in a JCI statement on Wednesday.
The value of
Jordan’s exports to the EU amounted to nearly JD199 million, while its imports
exceeded JD2.870 billion. Germany was the top exporter to the Kingdom with
JD544 million, while the Netherlands was the largest importer of Jordanian
products, with a value of JD39 million, the JCI data showed.
Jaghbir, who is
also head of the
Amman Chamber of Commerce (ACC), stressed the JCI and ACC’s
efforts to enhance Jordan’s exports to traditional and “promising” markets,
while ensuring commodity diversity of high-quality Jordanian products, which
suffer from weak promotion and technical support.
This obstacle is
addressed by providing an export readiness test service for industrial
facilities and conducting market studies based on technical analysis of global
market requirements, raising export technical competencies, and then networking
Jordanian manufacturers with potential European buyers, Jaghbir stated.
JEBA President Ali
Haider Murad said the association will coordinate with JCI and ACC in all its
activities, especially with regard to talks with European commercial attaché
offices, as well as organizing visits and economic missions, which contribute
to increasing trade exchange with the EU.
Murad also said the
JEBA will hold awareness workshops on specifications and requirements for
entering EU markets in cooperation with specialized experts, enhance benefit
from European programs for exchanging expertise, and boost capabilities of
Jordanian companies and establishments in the marketing and management fields.
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