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American Chamber of Commerce calls for more Jordanian investments

By JT - Oct 21,2017 - Last updated at Oct 21,2017

AMMAN — Chairman of the American Chamber of Commerce in Jordan (AmCham) Mohammed Bataineh on Friday said that the economic potential provided by the Free Trade Agreement (FTA) “is not fully exploited in terms of investment and trade”, calling on the Jordanian business community to invest more through it, the Jordan News Agency, Petra, reported on Saturday.

“We are working to invest as much as we can by diversifying exports to America, rather than relying on exports of textiles [about 80 per cent of total exports],” he said at a press conference.  He stressed the Kingdom’s capacity to exploit the world’s largest consumer market, citing many examples of Jordanian industries that have managed to take advantage of the FTA including the engineering industries. He said that the Chamber recently organised a tour in Chicago and Detroit, displaying a number of Jordanian food, medicine and Dead Sea products. 

 

 

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