Call to boost trade ties between Saudi Arabia and Jordan

JEDDAH: The Saudi-Jordanian Business Council held a meeting in Amman on Monday during which it reviewed the existing trade ties between the two countries. Ghazi Al-Enezi, the head of Economic and Cultural Affairs at the Saudi Embassy in Jordan, and a number of businessmen and representatives from various economic sectors attended the meeting.
The council called for taking measures to increase bilateral investment and to boost economic ties between Saudi Arabia and Jordan. It stressed the need to put in place practical mechanisms to overcome obstacles that hinder the growth of bilateral trade. Saudi Arabia is Jordan’s biggest Arab commercial partner and Saudi investments in Jordan reportedly surpassed $10 billion.
According to the Jordanian Chamber of Industry, bilateral trade reached $3 billion in 2016.