Within the framework of efforts exerted to enhance local exports and their entry into foreign markets, Saqqaf noted Jordan has signed multiple international free trade agreements with the United States, Canada, the European Union, Singapore and Greater Arab Free Trade Area (GAFTA) to allow Jordanian product to reach more than 1.5 billion consumers around the world, adding that Jordan is a member of the World Trade Organization (WTO). In her speech, the minister reviewed the government’s key reforms aimed to enhance Jordan’s investment position, primarily endorsing the new Investment Environment Law and its bylaw, and establishing Ministry of Investment. She touched on the ministry’s plans to attract and enable investments and ways to boost cooperation between the public and private sectors. For his part, Irish Minister of State for Justice and Youth, James Brown, expressed optimism about the future of Jordanian-Irish economic relations, pointing to possibility of expanding Irish investment in the Middle East en route Jordan. Brown stressed the importance of developing bilateral relations, calling on further increasing joint trade and highlighting the available future opportunities in this regard. Meanwhile, Irish Ambassador to Jordan, Marianne Bolger, said she felt multiple “positive” aspects of doing business in Jordan, noting the Kingdom could offer a “unique” set of advantages for Irish investor through this guide.
Source: Jordan News Agency