Amman: The recently signed Jordan-US reciprocal trade agreement will deepen economic cooperation and complement the existing Free Trade Agreement," Minister of Industry, Trade, and Supply Yarub Qudah said on Wednesday. Speaking at a panel organized by the American Chamber of Commerce in Jordan, Qudah said the agreement expands private-sector opportunities across goods, services, digital trade, market access, and supply chains based on mutual benefit and balanced trade relations.
According to Jordan News Agency, the deal gives Jordanian products, especially apparel and textiles, a competitive edge in the US market, boosting export demand, attracting fresh investment, expanding production, and creating local jobs. The economic partnership comprises nearly USD2 billion in annual services trade across IT, tourism, aviation, finance, and research and development, the minister noted.
He urged businesses to leverage the Kingdom's strategic position, skilled workforce, and trade network to establish Jordan as a regional hub for production, innovation, and exports. Qudah said the government is committed to partnering with the American Chamber of Commerce and private sectors in both countries to integrate Jordanian firms into US supply chains and investment networks.
"Our goal is for this agreement to be more than an achievement between two governments," Qudah said. "We want it to become a tangible success story for the Jordanian and American business communities.