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Jordan, Egypt discuss strengthening economic, investment ties
Jordan, Egypt discuss strengthening economic, investment ties

Ammon

time20-05-2025

  • Business
  • Ammon

Jordan, Egypt discuss strengthening economic, investment ties

Ammon News - President of the Jordan Chamber of Commerce, Senator Khalil Al-Haj Tawfiq, and Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, held talks in Berlin on Monday aimed at advancing bilateral economic, trade, and investment cooperation. The meeting, held on the sidelines of the 14th Arab-German Economic Forum, focused on unlocking the economic potential between the two countries by promoting strategic partnerships and facilitating joint investment ventures. According to a statement from the Jordan Chamber of Commerce, the two officials emphasized the importance of transitioning Jordanian-Egyptian relations into a comprehensive economic partnership, leveraging the long-standing ties and complementary economic strengths of both countries. Minister El-Khatib reaffirmed Egypt's commitment to encouraging private-sector collaboration and highlighted the need to build investment partnerships that serve mutual interests. He also stressed the role of the private sector in driving economic growth and job creation, calling for increased engagement between business institutions in both countries and more targeted promotion of available investment opportunities. Senator Al-Haj Tawfiq presented Jordan's Economic Modernization Vision as the country's roadmap for growth and sustainability, aimed at attracting foreign investment and expanding economic sectors. He outlined recent reforms undertaken to improve Jordan's business climate, enhance competitiveness, and facilitate investor entry. He also pointed to regional partnership initiatives between Jordan and Egypt designed to support broader economic integration, and cited the trilateral cooperation framework with Iraq as a platform for launching joint projects in infrastructure, energy, transport, and electric grid interconnection.

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