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Jordan, Oman chambers eye enhancing trade ties, cooperation

The currency exchange sector in Jordan employs approximately 4,000 Jordanians.
  • Participants stressed the need to seize economic opportunities in Jordan and Oman. .
  • The two sides agreed to forge robust commercial relations and remove hindrances.

AMMAN, JORDAN – Jordan Chamber of Commerce (JCC) and Oman Chamber of Commerce and Industry on Saturday discussed enhanced cooperation and investment partnership.

The two sides pledged during a meeting to forge robust commercial relations, remove hindrances, reactivate bilateral agreements, exchange more visits by economic teams and hold joint exhibitions.

Participants stressed the need to seize economic opportunities in the two countries, especially in the health, pharmaceutical, construction, real estate, food, information technology and tourism sectors, according to a JCC statement.

Jordan-Oman economic ties need the two countries’ private sector’s efforts to further enhance cooperation, said JCC President Khalil Haj Tawfiq, urging Omani businessmen to seize free trade agreements the Kingdom signed with global economic blocs to market its products in foreign and regional markets.

Tawfiq noted that Jordanian exports to Oman in 11 months of 2023 were about $75 million, and imports were at $69 million.

Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry Sheikh Faisal Al-Rawas said his delegation’s visit would help enhance partnerships with Jordan and launch joint ventures.

He said the Omani business community is interested in closer relations with Jordan, stressing a focus on such sectors as pharmaceuticals, food, fisheries, agriculture, health, logistics and tourism.