The Jordanian Minister of Investment, Khairy Amr, and the Indian Minister of Fertilizers met on Wednesday in New Delhi to discuss bilateral cooperation between Jordan and India in the field of phosphate fertilizers.
Amr voiced Jordan’s readiness to provide facilities for Indian investment in Jordan, and invited Indian experts to his country for the purpose.
The meeting was also attended by the Chairman of the Board of Directors of the Jordan Phosphate Mines Company (PLC), Mohammad Thneibat,
He highlighted the cooperation between the PLC and a number of Indian companies, and the volume of fertilizers exports and crude phosphates to India, which amounted to more than 3 million tons last year.
He also asked the Indian Minister to reconsider customs duties paid by Indian companies for phosphate fertilizers, which are being imported from Jordan, calling for Indian investors to treat the PLC, similar to other tax-exempt countries, with regard to importing fertilizers and phosphates from them.
The Indian minister lauded the deep partnership and cooperation relations between the two countries.
He reaffirmed the Indian government’s keenness to prioritize Jordan in importing phosphates and fertilizers, and increasing investment in this field, voicing readiness to reconsider customs duties and take the appropriate decision in this regard.
Amr and Thneibat invited the Indian minister to visit Jordan and examine the PLC’s investments and projects, and also to visit joint ventures between Jordanian and Indian companies.