Jordan, Oman announce details of signed industrial memo

oman jordan flag
(File photo: Jordan News)
AMMAN — A memorandum of understanding signed between Jordan and Oman recently to enhance industrial cooperation was published in the Official Gazette, the Jordan News Agency, Petra, reported.اضافة اعلان

Under the memorandum, the two countries shall encourage technical cooperation between industrial facilities for development and modernization of existing industries, expansion of new industries to meet local market needs in the two countries, exporting abroad and taking advantages of the Greater Arab Free Trade Area to facilitate the flow of goods.

Under the memorandum, the two sides agreed to exchange expertise, and technical know-how on industrial matters, including drawing up and implementing industrial policies and strategies, especially small- and medium-sized enterprises, industrial interdependence, rules of origin and establishment, management and promotion of industrial estates, complexes and incubators.

Cooperation shall also be exerted in the field of industrial training and rehabilitation, exchange of visits, training courses, exchange of expertise and data about the Omani and Jordanian markets, especially industrial trade opportunities to expand trade exchange, as well as participation in conferences, seminars and events within the framework of enhancing cooperation between chambers of commerce and industry, private industrial establishments and business owners.

The two countries, under the memorandum, shall identify the points of contact to follow up on industrial cooperation and find solutions to problems facing industrialists in the various areas of cooperation and the exchange of goods between the two countries. 

Read more Business
Jordan News