Economy

Algeria-Jordan: Roadmap signed to consolidate economic cooperation

The Minister of Industry, Ahmed Zaghdar and the Jordanian Minister of Industry, Trade and Supply, Yousef Al-Shamali, also Minister of Labour, signed Tuesday in Algiers a roadmap for the period 2023-2025, to consolidate economic cooperation between Algeria and Jordan.

The roadmap includes “the agreed cooperation activities and the mechanisms for its implementation in the short and medium term,” said a statement from the Ministry of Industry, circulated to the media on the sidelines of the signing ceremony.

The main points outlined in the document include “the activation of bilateral cooperation mechanisms, including the preparation of the ninth session of the Algerian-Jordanian Joint Committee, to be held in Amman next June, strengthening the legal framework for bilateral cooperation and strengthening the role of sectoral technical committees and joint working teams,” said the same source.

To promote trade and increase the volume of investment between the two countries, the roadmap provides “the activation of cooperation agreements, trade and investment concluded, the activation of the Council of Businessmen and the exchange of information on investment opportunities and foreign trade in both countries,” reads the statement.

It also provides for the organization of meetings and meetings between economic operators and businessmen to examine opportunities for cooperation and partnership in Algeria and Jordan and encourage them to participate in exhibitions organized in both countries.

In this framework, it was agreed to schedule an exhibition of Algerian products in Jordan during this year.

The two sides agreed to “continue the implementation and acceleration of cooperation projects, and work to expand into other priority areas, including industry, energy and mining, agriculture, transport, tourism, health, labor and social security and culture.

The document also provides for the implementation of partnership projects in several industrial sectors.

In the industrial sector, the roadmap provides for the examination of ways to achieve partnership projects in the fields of manufacturing, construction materials and electrical and electronic industries, according to the release.

It is also about “the activation of the Memorandum of Understanding in the field of development and implementation of industrial zones between the National Agency for Intermediation and Real Estate Regulation (ANIREF) and the Jordan Industrial Estates Corporation.

The signing of this document, in the presence of several ministers of both countries, representing sectors such as Energy and Mines, Industry, Investment, Tourism, Culture and Labor, marks the visit of the Jordanian ministerial delegation in Algeria, which held, Monday, a meeting expanded to members of the Algerian and Jordanian delegations, followed by bilateral meetings between the Algerian ministers and their Jordanian counterparts.

During these meetings, “the two sides have assessed the state of bilateral cooperation in various sectors and discussed ways to raise the level of economic and trade exchanges and increase the flow of investment between the two countries.

The roadmap signed Tuesday is part of “the implementation of the outcome of the meeting between the President of the Republic, Mr. Abdelmadjid Tebboune and the King of Jordan, Abdullah II Ben Al-Hussein and the fulfillment of their common desire to strengthen cooperation between Algeria and Jordan.

In a statement to the media at the end of the signing of the roadmap, Mr. Zaghdar said that what was agreed during the visit of the King of Jordan to Algeria last December to raise relations between the two countries “begins to materialize on the ground, after bilateral meetings that brought together the ministers of both countries.

This roadmap aims to “raise the level of relations between Algeria and the Hashemite Kingdom of Jordan,” he added, stressing that it “will be implemented at the meeting of the Joint Committee scheduled for next June in Amman, through the signing of several of bilateral agreements in several sectors, the revival of the Algerian-Jordanian Business Council set up in 2017 and the organization of fairs to promote products in both countries and establish investments in various fields.

Regarding the industrial sector, he said that the bilateral talks he had with his Jordanian counterpart focused on investment in the field of fertilizers, in addition to other sectors of agriculture, energy, tourism and labor mentioned by the ministers of both countries.

For his part, Mr. Ashamaleh recalled that a large part of the guidelines of the leaders of the two countries “has been implemented during the visit of the Jordanian delegation in Algeria.

In this regard, he noted “the reopening of the airline operated by the company Royal Jordanian from March 9, with two flights per week.

The bilateral talks also agreed on the need to strengthen cooperation in various areas such as culture, tourism and industry, he continued, stressing that this will help to consolidate the friendly relations between the two fraternal countries.

The Jordanian minister concluded that “the achievement in record time of a large part of the guidelines of the leaders of the two countries shows the will and the high sense of responsibility of the leaders of the two countries, in the best interests of the two brotherly peoples.

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button