Brazilian Trade Delegation Visits Jordan to Explore Investment Opportunities - Jordan News
A Brazilian trade delegation will begin a five-day official visit to Jordan on Sunday, aiming to explore potential trade and investment opportunities across various economic sectors in the Kingdom. اضافة اعلان The visit is organized by the Arab-Brazilian Chamber of Commerce, in cooperation with the Jordan Chamber of Commerce and the Jordanian Embassy in São Paulo, and is led by Dr. William Adib Dib Junior, President of the Arab-Brazilian Chamber. Key Highlights of the Visit: The delegation includes business owners, executives, and officials from Brazil's Ministry of Agriculture and Livestock and the São Paulo Investment Promotion Agency. The program will feature a Jordanian-Brazilian Business Forum, B2B meetings, and official visits to the Ministries of Agriculture, Industry, Trade and Supply, Investment, and the Customs Department. Tourism promotion tours are also part of the itinerary. Objectives: Strengthen economic ties between Jordan and Brazil. Explore investment opportunities and business environment in Jordan. Foster strategic partnerships and expand trade volume, particularly in food security, a shared priority. Statement from Jordan Chamber of Commerce: Chairman Senator Khalil Al-Haj Tawfiq emphasized that: 'The visit is a key step in enhancing economic relations and shows Brazil's growing interest in Jordan as a strategic investment destination.' He praised the efforts of Jordan's Ambassador to Brazil, Maen Masadeh, and stressed the importance of increasing trade exchanges, especially in food industries, where Brazil holds a global edge. Trade Snapshot (2024): Total bilateral trade: JD 511 million Jordanian exports: JD 60 million 98.7% of which were chemical industry products, especially natural potash and chemical fertilizers Looking Forward: The visit is expected to: Pave the way for Brazilian investments in Jordan. Encourage private-sector partnerships. Support broader trade diversification beyond the chemical sector.
The Jordan Chamber emphasized the importance of continuous trade delegation exchanges, expo participation, and creating effective mechanisms for sharing investment data and commercial opportunities between both countries.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Jordan News
10 hours ago
- Jordan News
Jordanian Expats' Remittances Drive Increased Demand for Dinar Ahead of Eid - Jordan News
Jordanian Expats' Remittances Drive Increased Demand for Dinar Ahead of Eid Firas Sultan, the representative of the financial and banking sector at the Jordan Chamber of Commerce, confirmed a noticeable surge in demand for the Jordanian dinar at local exchange companies ahead of Eid al-Adha and the summer season. اضافة اعلان Sultan attributed this uptick to a significant increase in remittances from Jordanian expatriates, which typically double during festive periods to support their families during the holiday. This results in a higher conversion of foreign currencies into dinars. He emphasized that these remittances are a key source of foreign currency for the local market and directly contribute to strengthening monetary reserves, while also boosting the purchasing power of Jordanian households—especially as they prepare for Eid. According to data from the Central Bank of Jordan, remittances from Jordanians abroad rose by 3% in the first quarter of this year, reaching $889 million. Sultan also noted that the return of thousands of Jordanian expats to spend the Eid holiday in the Kingdom, along with increased tourism activity, further drives demand for the dinar. He stressed the importance of this financial activity in supporting the national economic cycle. He praised the Central Bank's prudent monetary policy and its role in maintaining confidence in the local currency, highlighting ongoing communication between the Chamber and the Bank to address challenges faced by the sector. —(Petra)
Jordan News
10 hours ago
- Jordan News
JD 2.849 Billion – Amman's Industrial Exports in First Five Months of 2025 - Jordan News
Amman Chamber of Industry exports continued their upward momentum in 2025, reflecting the resilience of Jordanian industry in overcoming challenges and expanding its presence in export markets. اضافة اعلان During the first five months of 2025, the Chamber's exports grew by 12.2% compared to the same period in 2024, reaching JD 2.849 billion, up from JD 2.540 billion. Sector Performance Most industrial sectors experienced export growth during this period, with the exception of: Wood, furniture: ↓ 14% Packaging, paper, office supplies: ↓ 9.2% On the other hand, exports of eight other sub-sectors increased, led by: Construction materials: ↑ 86.7% (highest) Engineering, electrical, IT: ↑ 0.5% (lowest) Top Export Destinations India, the United States, Saudi Arabia, and Iraq accounted for over JD 1.635 billion, more than half of the total exports. India: ↑ 14.7% to JD 395 million Saudi Arabia: ↑ 7.2% to JD 352 million Iraq: ↑ 4.8% to JD 381 million United States: ↓ 5.1% to JD 507 million (still the top importer) Notably, exports to: Syria: ↑ 302.1% to JD 114 million (from JD 28 million in 2024) Palestine: ↑ 21% to JD 69 million Geographic Distribution Arab countries: JD 1.396 billion Non-Arab Asian countries: JD 566 million North America: JD 528 million European Union: JD 148 million Africa: JD 82 million Non-EU Europe: JD 79 million South America: JD 20 million Other countries: JD 27 million Sector Breakdown (First Five Months of 2025) Mining industries: JD 610 million Chemicals & cosmetics: JD 532 million Engineering, electrical & IT: JD 444 million Food, agriculture & livestock: JD 417 million Medical & healthcare: JD 273 million Textiles & leather: JD 247 million Plastics & rubber: JD 130 million Packaging & office supplies: JD 102 million Construction materials: JD 87 million Wood & furniture: JD 8 million Founded in 1962, the Amman Chamber of Industry currently includes 8,600 industrial establishments, employing around 159,000 workers, with total capital reaching JD 5 billion.
Ammon
12 hours ago
- Ammon
JTB: Jordan welcomes 571,000 tourists last May
Ammon News - Director-General of Jordan Tourism Board (JTB), Dr. Abdul Razzaq Arabiyat, announced a 27% rise in total tourist numbers for May, reaching 571,000. During his statements during the Government Communication Forum, Arabiyat said that 14 new low-cost airlines have returned to Amman since last April from 10 Arab countries.
