Jordan, Uzbekistan discuss expanding economic cooperation
According to a Ministry statement, the two sides underscored the depth of historical relations between Jordan and Uzbekistan and stressed the importance of building upon them to broaden cooperation in various sectors, especially non-traditional ones, to diversify trade partnerships and strengthen private sector ties in both countries.
The two ministers agreed to establish a joint committee to explore cooperation opportunities, coordinate efforts, and follow up on joint projects.
Qudah highlighted Jordan's investment advantages, its access to regional and international markets, and its potential role as a gateway for the reconstruction of Syria and the expansion into regional markets, supported by bilateral and multilateral free trade agreements. He pointed to prospects in pharmaceuticals, clothing and textiles, exports to the US market, and industrial integration in extractive industries such as phosphates, potash, and fertilizers, as well as tourism, sports, digital services, and video game development.
He stressed the need to pursue rapid gains through integrated projects, particularly in clothing, jewelry, and fertilizers, leveraging the industrial base and natural resources of both countries.
For his part, Kudratov underlined Uzbekistan's interest in deepening economic cooperation with Jordan, noting that the Kingdom could be a gateway to Middle Eastern and African markets, while Uzbekistan could serve as a hub for the Eurasian Union.
He outlined potential cooperation in pharmaceuticals, apparel for European and American markets, automotive and home appliances, information technology, and agriculture, emphasizing the need to ease visa procedures and boost tourism exchange.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Roya News
an hour ago
- Roya News
Trump expects 'constructive conversation' with Putin
US President Donald Trump said Monday he expects to have "constructive conversations" with his Russian counterpart Vladimir Putin and expressed displeasure with Ukraine's Volodymyr Zelensky for ruling out territorial concessions. The US president has spent the first months of his second term in office trying to broker peace in Ukraine -- after boasting he could end the conflict in 24 hours -- but multiple rounds of talks, phone calls and diplomatic visits have failed to yield a breakthrough. Trump and Putin will hold a summit in Alaska on Friday in a bid to halt the conflict, which was triggered by Moscow's February 2022 full-scale invasion of Ukraine. It will be the first between sitting US and Russian presidents since Joe Biden met Putin in Geneva in June 2021. "I'm going to speak to Vladimir Putin and I'm going to be telling him 'you've got to end this war,'" Trump told a White House press conference, saying that he would "like to see a ceasefire very, very quickly." "I think we'll have constructive conversations," said the president, noting that he would seek out Putin's "parameters" for peace, then call Zelensky and other European leaders right after the meeting. Trump said last week that "there'll be some swapping of territories to the betterment of both" Ukraine and Russia -- a suggestion Zelensky rejected. 'There'll be some swapping' The Ukrainian president warned Saturday that "decisions without Ukraine" would not bring peace and said his country's people "will not give their land to the occupier." Trump said he was a "little bothered" by Zelensky's stance on territorial concessions, and insisted that land swaps would take place. "There'll be some swapping, there'll be some changes in land," he said. But Trump also stated that he would not make a unilateral agreement: "I'm not going to make a deal, it's not up to me to make a deal," he said, while emphasizing that he thinks "a deal should be made." Three rounds of negotiations between Russia and Ukraine have failed to bear fruit, and it remains unclear whether the Trump-Putin summit would bring peace any closer. Russian bombardments have forced millions of people to flee their homes and have destroyed swathes of eastern and southern Ukraine, and Putin has resisted multiple calls from the United States, Europe and Kyiv for a ceasefire. Trump said he will know fairly quickly into the talks with Putin whether or not a deal would be coming, and that he may still walk away from trying to broker peace in Ukraine. "I may leave and say good luck and that'll be the end. I may say this is not going to be settled," Trump said. The US president said his aim is to bring Putin and Zelensky together, with or without being present himself. "Ultimately I'm going to put the two of them in a room, I'll be there or I won't be there, and I think it'll get solved," Trump said.
Jordan Times
3 hours ago
- Jordan Times
JCI says building 'promising' partnerships between knitting sector, Saudi Misbah Group
AMMAN — The Jordan Chamber of Industry (JCI) on Monday launched a series of events and qualitative meetings between the leather and knitting industries sector and the Saudi Al Musbah Group. Al Musbah Group is one of the 'most prominent' leading investment groups with a 'strong' presence in the Gulf market, JCI said, noting that these events and meetings, which were attended by a group of local factories operating in the sector, establish "promising" partnerships between the two sides. Such events also contribute to enhancing the Jordanian presence in foreign exhibitions of interest to the sector, especially the (Sourcing as Magic) exhibition held in the US and represented the starting point for this partnership. These events and meetings came with the support of the ITC-MENATEX project, which is implemented in cooperation between the JCI and the International Trade Centre (ITC) and funded by the Swedish International Development Agency (Sida) and the Spanish Agency for International Development Cooperation (AECID). The events and meetings aim at enhancing the competitiveness of the sector through sustainable trade, supporting the transition towards a circular economy, improving environmental performance, increasing exports and enhancing Jordan's presence in international exhibitions. The events included an innovative showcase of the sector's products and field visits to Jordanian factories that demonstrated their 'high production capacity' and commitment to the highest quality standards. This step marks the beginning of sustainable business partnerships that open new markets, support exports, and create job opportunities. The textile and clothing sector in Jordan produces goods worth $2.6 billion annually, exports nearly $2 billion, and provides 96,000 job opportunities, the JCI statement added.
Ammon
8 hours ago
- Ammon
Jordan, Uzbekistan discuss expanding economic cooperation
Ammon News - Minister of Industry, Trade, and Supply Yarub Qudah on Monday discussed with Uzbek Minister of Investment, Industry, and Trade Laziz Kudratov ways to enhance bilateral cooperation, particularly in the economic field. According to a Ministry statement, the two sides underscored the depth of historical relations between Jordan and Uzbekistan and stressed the importance of building upon them to broaden cooperation in various sectors, especially non-traditional ones, to diversify trade partnerships and strengthen private sector ties in both countries. The two ministers agreed to establish a joint committee to explore cooperation opportunities, coordinate efforts, and follow up on joint projects. Qudah highlighted Jordan's investment advantages, its access to regional and international markets, and its potential role as a gateway for the reconstruction of Syria and the expansion into regional markets, supported by bilateral and multilateral free trade agreements. He pointed to prospects in pharmaceuticals, clothing and textiles, exports to the US market, and industrial integration in extractive industries such as phosphates, potash, and fertilizers, as well as tourism, sports, digital services, and video game development. He stressed the need to pursue rapid gains through integrated projects, particularly in clothing, jewelry, and fertilizers, leveraging the industrial base and natural resources of both countries. For his part, Kudratov underlined Uzbekistan's interest in deepening economic cooperation with Jordan, noting that the Kingdom could be a gateway to Middle Eastern and African markets, while Uzbekistan could serve as a hub for the Eurasian Union. He outlined potential cooperation in pharmaceuticals, apparel for European and American markets, automotive and home appliances, information technology, and agriculture, emphasizing the need to ease visa procedures and boost tourism exchange.
