Kuwait city: An industrial team comprising 25 Jordanian companies will visit Kuwait on Monday to discuss prospects for broader economic and trade ties between the two countries.
According to Jordan News Agency, the delegation, headed by the Chairman of the Jordan and Amman Chambers of Industry, Fathi Jagbeer, will hold bilateral business meetings with major commercial centers in Kuwait to enhance the market share of Jordanian products.
Jagbeer highlighted that the trade volume between the two countries was at JD176 million in 2024, with Jordan's main exports being animal and plant products. In return, Jordan imported petroleum products and derivatives, including natural gas, oils, and oxygen from Kuwait. The Kuwaiti market is considered a promising export destination for Jordanian industry due to high demand and opportunities available, facilitated by the Arab Free Trade Agreement, which exempts Jordanian exports from tariffs.
Jagbeer praised the efforts of Jordanian official bodies in facilitating the delegation's visit and arranging business meetings with Kuwaiti counterparts. This initiative is part of a broader strategy by the Amman Industry Chamber to organize visits to regional and world countries this year, aiming to enhance the presence of Jordanian industrial products in target markets.