Jordan, Palestine seek greater trade exchange

(File photo: Jordan News)
AMMAN — Jordan’s chambers of commerce and industry met with a visiting delegation representing the Hebron Chamber of Commerce and Industry, and discussed ways to increase cooperation and the volume of Jordanian-Palestinian trade exchange, according to the Jordan News Agency, Petra.اضافة اعلان

Jamal Al-Rifai, a deputy chairman of the Jordan Chamber of Commerce (JCC), said the Palestinian economy has turned challenges into opportunities and success stories, with its industries reaching markets worldwide.

Jordan’s private sector is networking to remove likely obstacles that may hamper Jordanian-Palestinian trade flow, he said. The JCC will hire liaison officers to deal with any complaints, observations, suggestions, or issues from any Palestinian investor, Rifai added.

Mohammad Al-Jitan, a deputy chairman of Jordan Chamber of Industry (JCI), said the volume of trade exchange with Palestine jumped by 60 percent in the first five months of 2022 to JD100 million, compared with the corresponding period in 2021.

He said the volume of trade exchange reflects the desire of both sides to maximize benefits from their close relations. Jitan explained that investment, commercial, and industrial opportunities are available, pointing to the distinguished quality of the Palestinian industry, despite the challenges and difficulties it faces due to Israeli restrictions.

He affirmed the industrial sector’s readiness to support Jordanian traders and industrialists, based on His Majesty King Abdullah’s directives, in regional and global political and economic forums. He said that JCI will employ liaison officers to answer any inquiries from Palestinian businessmen.

Jitan praised the Jordanian Industries Exhibition, which was held in several Palestinian cities in the past few years, and welcomed Palestinian industrialists and merchants who wish to do the same in the Kingdom.

Abdo Idris, head of the Hebron chamber, praised the efforts of Jordanian industrialists and traders to activate cooperation agreements with Palestine, in a way that will “positively” affect the lives of people in both countries.

Citing COVID-19 challenges, Idris asserted the importance of the port of Aqaba in the trade traffic between the two sides. 

During the first five months of 2022, the volume of Jordan’s exports to Palestine amounted to JD109 million, a 74 percent increase over the same period in 2021. Jordan’s imports from Palestine, however, stood at JD31 million between January and May this year, a 23 percent rise over the corresponding months last year.

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