AMMAN: The 9th session of the Joint Jordanian-US committee was held in Washington DC to discuss cooperation in trade, agriculture, food security and labor fields, Jordan News Agency reported on Sunday.
Dana Zoubi, secretary general of Jordan’s Ministry of Industry, Trade and Supply, said on Sunday that Jordanian-US economic relations were “historic and strategic,” and are founded on mutual interests
Zoubi also said Jordan was eager to strengthen its commercial and economic connections with Washington, as well as attract foreign added-value investments to the national economy, which would help Jordan’s development and generate job opportunities for Jordanians.
Jayme White, deputy representative of US Trade, said he was keen to improve already “deep-rooted” relations between the two countries.
White stated that subcommittee sessions assist in identifying important problems and hurdles to trade exchange flow, emphasizing the US interest in having the committee's 10th session in Amman next year.
The committee discussed methods to improve trade exchange in goods and services, the necessity of diversifying Jordanian goods sold to the US and strategies to overcome challenges in exports.
The Jordanian delegation invited US investors to take advantage of the Kingdom’s new investment law.
The meetings resulted in the formation of a joint subcommittee that will revise environmental legislation to boost mutual trade, as well as the level of the two countries' ecological protection in implementing Article 5 of Free Trade Agreement (FTA).
According to official figures, Jordan’s exports to the US totaled $2.38 billion in 2022, accounting for more than 25 percent of total national exports, while imports totaled $1.49 billion.
Jordan’s exports to the US totaled $166.4 million in January, while imports totaled $212.4 million.
