AMMAN — The Jordan Chamber of
Commerce (JCC) on Wednesday organized a workshop for local companies with a US
trade delegation from the state of Nebraska to introduce investment
opportunities and areas of joint economic cooperation, according to the Jordan
News Agency, Petra.
اضافة اعلان
President of the JCC Nael Kabariti lauded
the National US-Arab Chamber of Commerce's role in bolstering trade ties
between the Arab world and the US, and providing a host of services. He also
commended the US’ ongoing support to the Kingdom in various fields.
The world is on the verge of a new order,
said Kabariti, indicating that a post-COVID world will be entirely different,
as a number of economic powers are emerging and competing to manage this new
order, adding that the biggest challenge will be to achieve food security.
He stressed that the challenges imposed by
the coronavirus necessitate joint action to expand trade between the two
countries, increase the quantity and quality of investments, and facilitate the
exchange of knowledge.
He urged the delegation to leverage the
investment and economic opportunities available in the Kingdom, highlighting
safety and stability, infrastructure and modern legislation, as well as trade
agreements linking Jordan with various global economic blocs.
Jordan is a gateway to other countries, he
underlined, especially Iraq, Syria, and the Gulf Arab states, he said, voicing
hope that cooperation and trade ties will increase to mutual benefit.
Secretary of State of Nebraska Robert
Evnen said that the visit to Jordan is proof of the extent of entrepreneurship
and innovation in both the public and private sectors, especially in the
agricultural field.
Secretary-General of the Ministry of
Investment Zaher Qatarneh underscored the importance of the economic
partnership between Jordan and the US, calling on the private sector in
Nebraska to explore opportunities available in the Kingdom, conclude agreements,
and build trade and investment partnerships.
The Kingdom, he said, is a hub and
stepping stone into global markets due to free trade agreements that enable Jordanian
products to reach more than 1.5 billion consumers. He highlighted Jordan’s
progress in the "ease of doing business" index issued annually by the
World Bank.
Qatarneh spoke about 79 investment
opportunities in various vital sectors, with a volume of approximately $4.7
billion. He stated that the Kingdom
keeps up with international best practices in investment to provide an
encouraging and sustainable environment, noting that the national economy grew
during the past year despite the fallout from the pandemic on the global
economy.
Mike Hankey, the US embassy’s deputy chief
of mission, stressed the importance of establishing trade partnerships between
Jordan and Nebraska that could help attain food security, as the state produces
a wide range of basic food commodities, in addition to leveraging its expertise
in agriculture.
Hankey pointed out that Nebraska managed
to overcome water scarcity by using modern methods of agriculture and
developing technological solutions, which Jordan can leverage to resolve its
water scarcity problem. He also underlined the embassy’s supports to efforts towards
trade partnerships between Jordan and the US.
David Hamod, president and CEO of the National
US-Arab Chamber of Commerce, underscored the importance of cooperation between
Jordanian companies and their counterparts in Nebraska, and taking advantage of
the trade and investment opportunities available.
"We are here to conclude partnerships
with Jordan for the benefit of both countries," Hamod said, pointing out
that Jordanian companies' access to Nebraskan market entails access to 50 other
markets in the US.
The Kingdom’s exports to the US increased by
34.6 percent during the January–November period of 2021, to reach JD1.460
billion, compared to JD1.085 billion during the same period of 2020.
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