Estonian President Alar Karis on Tuesday inaugurated the Estonian-Jordanian Business Forum at the Association of Banks in Jordan: The forum aims to enhance economic cooperation and partnership between the two countries, highlighting the importance of common economic features between Jordan and Estonia.
According to Jordan News Agency, President Karis mentioned that the Estonian delegation accompanying him includes representatives from various sectors such as energy, defense, health, technology, and mining, as well as engineering activities. He emphasized the need to establish mechanisms to enhance the partnership and exchange expertise through joint economic events.
During the forum, Investment Minister Muthanna Gharaibeh presented key areas of Jordan’s economic modernization vision and investment incentives to attract foreign capital. He highlighted Jordan’s quality of education, financial services, and free trade agreements with various global blocs and economies.
Gharaibeh also pointed out Jordan’s stab
le social, political, and economic conditions, which align with the technology sector’s goals, along with economic flexibility, talent, cost competitiveness, and accessibility to global economies to achieve sustainable growth.
The Kingdom has enacted many laws to comply with international obligations protecting intellectual property rights, including trade secrets and semiconductor chip designs. Jordan is a signatory to the Paris Convention for the Protection of Industrial Property, the Patent Cooperation Treaty, and the Madrid Protocol, and is a member of the World Intellectual Property Organization.
Maher Al-Mahrouq, Director General of the Association of Banks in Jordan, remarked that the forum is evidence of the shared goal and ambition to enhance economic relations and meaningful cooperation between Jordan and Estonia. He noted that the Jordanian banking sector plays a key role in boosting stability and growth in the Kingdom.
Jordanian banks provide significant financing to vital sectors such as indus
try, information and communication technology, tourism, trade, agriculture, and construction through a wide range of credit facilities and specially designed financial products.
The forum included meetings between Jordanian and Estonian businessmen and representatives from various economic sectors.