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Jordan, Palestine discuss trade

By JT - May 16,2016 - Last updated at May 16,2016

AMMAN — Industry, Trade and Supply Minister Maha Ali and Palestinian Economy Minister Abeer Odeh on Monday discussed means to facilitate joint trade and investments in the various economic areas. 

At a meeting in Ramallah, the two ministers discussed on-going efforts to increase the joint Jordanian-Palestinian commercial volume and to eliminate constraints.  

In the presence of representatives of Jordanian and Palestinian private sector entities, talks underscored the nearby commencement of Palestinian products' exporting, directly, using containers. 

Moreover, Ali noted that Jordan will support Palestine's bid to join the World Trade Organisation. 

Discussions also dealt with investment opportunities available in Palestine that Jordanian businessmen can benefit of, especially under the Investment Promotion Law at the industrial zones there. 

Earlier in the day, Ali and her Palestinian counterpart inaugurated an exhibition of Jordanian industries and products in the Palestinian city of Nablus. 

The exhibition is an important step towards supporting the development of the Palestine's economy. It provides an opportunity for Jordanian and Palestinian businesspeople to discuss cooperation in various fields and build up long-term partnerships, Ali told the Jordan News Agency, Petra.  

In 2015, the commercial exchange volume between Jordan and Palestine was around JD111 million, compared to JD97 million in 2014. 

 

The exhibition which showcases the products of 48 Jordanian companies will continue until May 18.

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