https://arab.news/mrarv
- Primary focus is on challenges related to the entry of Egyptian products into the Jordanian market, vice versa
AMMAN: Members of the Jordan Chamber of Commerce and representatives of Egyptian businesses met in Amman on Monday to discuss ways to foster investment cooperation between their countries.
The primary focus during the talks was on addressing challenges related to the entry of Egyptian products into the Jordanian market and vice versa, the Jordan News Agency reported. Representatives of 23 Egyptian companies visited several Jordanian firms, and the participants also explored the potential for Egyptian products to enter wider Middle Eastern markets through Jordan, and for Jordanian goods to access African markets via Egypt.
Representatives of Egyptian companies acknowledged the importance of the Jordanian market, describing it as a promising platform for entry to other Arab markets.
Ibrahim Al-Nawaiseh, a member of the Jordan Chamber of Commerce’s board of directors who represents the construction and building materials sector, said he was optimistic about the potential for commercial partnerships between businesses from both nations. He highlighted the efforts made by Jordan to strengthen trade relations with Arab countries and mitigate the regional challenges that affect investment and export opportunities.
Al-Nawaiseh also emphasized the high-quality products offered by Jordanian companies in the building materials sector, which he said were competitive with other imports and could meet some of the needs of the Egyptian market. He called for expanded cooperation in the sector, including the exchange of expertise and knowledge to help enhance product quality in both countries.
Khaled Abul Makarem, chairperson of Egypt’s Chemicals and Fertilizers Export Council, described the visit as a significant step toward enhancing trade and economic relations between the two countries, and highlighted the potential for commercial cooperation in the chemicals, building materials, fertilizers, glass, plastic and packaging sectors.
He also underscored the geographic and economic importance of tripartite cooperation between Egypt, Jordan and Iraq, as well as industrial partnerships linking Egypt, Jordan, the UAE, Bahrain and Morocco.