Jordanian-Chinese forum launched in Amman

Amman, Vice Chairman of the Amman Chamber of Industry (ACI), Moussa Saket, has affirmed the importance of enhancing interaction between the Chinese and Jordanian private sectors to develop bilateral economic cooperation.

Saket said on Sunday that the forum seeks to build Jordanian-Sino partnerships aimed at promoting Jordanian products in China, including Dead Sea products, olive oil, chemical industries, especially that China has opened the way for importing from developing countries.

He pointed out that the trade scale is tipped greatly in the favor of China, as Jordanian exports to the Asian giant had reached some USD105 million, compared with a whopping USD 2.7 billion worth of Chinese exports to the Kingdom.

Saket also pointed out to the participation of the ACI in the second session of the China International Import Expo 2019, which is slated to take place in the Chinese city of Shanghai in November in the companies pavilion.

The Jordan Investment Commission (JIC), said Saket, will organize the Jordanian pavilion at the event, adding that the JIC will open an office in China to work on luring investments to the Kingdom.

In turn, China’s ambassador to Jordan, Pan Weifang, said that Chinese investments in the Kingdom are increasing, pointing to the Jordan Oil Shale Company project, which is expected to be completed next year and will contribute to the provision of annual consumption of electricity in Jordan.

China has bought a share in the Potash Company, he said, making it the biggest shareholder in the company.

Source: Jordan News Agency