Latest news with #AmmanChamberOfCommerce
Zawya
16-05-2025
- Business
- Zawya
Jordan: Syrian market is 'strategic' partner for trading sector — Syndicate
AMMAN — President of the Textile, Readymade Clothes and Footwear Syndicate, Sultan Allan, said that the Syrian markets are one of the most "important" sources of providing products for the clothing, shoes and fabrics sector in Jordan. Allan said in a statement on Thursday that the "historical" relations between traders in the two countries facilitate trade transactions between the two sides, and enhance opportunities for cooperation and economic exchange. He added that there are some products of clothing, shoes and fabrics that are difficult to find suitable alternatives in terms of quality, price and design, stressing that the Syrian market is the "closest" to Jordanians in several respects, most notably the similarity in dress styles between Jordanian and Syrian families, in addition to ease transportation, which contributes to reducing prices of products. Allan added that Syrian industry requires production inputs, and that Jordanian markets are capable of providing these requirements "effectively" and "efficiently", which would enhance industrial integration between the two countries. He explained that the syndicate supports opening trade channels with Syria and supports government efforts, alongside the private sector, in order to activate joint trade exchange. Allan also pointed out that the Syndicate, operates under the umbrella of the Amman Chamber of Commerce (ACC), of which represents the commercial sectors in the Kingdom. It submits proposals that provide a "proper" environment to eases customs clearance for exports and imports. He commended the role of the Ministry of Industry and Trade in managing this file, based on scientific and practical approaches, which contributes in strengthening the trade channels between Jordan and Syria. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Zawya
07-05-2025
- Business
- Zawya
Jordan: ACC reports 19.5% increase in certificates of origin in first 4 months of 2025
AMMAN — The number of certificates of origin issued by the Amman Chamber of Commerce (ACC) during the first third of 2025 for the export of goods to Arab and foreign countries rose by 19.5 per cent compared to the same period in 2024. According to statistical data obtained by the Jordan News Agency, Petra, the number of certificates issued by the ACC during the first four months of 2025 reached 10,089, up from 8,440 during the same period last year. Despite the increase in quantity, the total value of these certificates dropped by 9 per cent in the first four months of 2025 to JD394 million compared with JD433 million in the same period last year, the ACC statistical data showed. Iraq topped the list of countries importing from Jordan in terms of value, with imports worth JD184 million across 1,038 certificates. It was followed by Egypt with nearly JD29 million (246 certificates), Switzerland with JD26 million (eight certificates), Syria with JD24 million (1,889 certificates), and Saudi Arabia with JD22 million (1,583 certificates). These five countries ranked highest in both value and volume. As for the types of products exported during the January-April of 2025, foreign-origin products (re-exported goods) led the way at JD204 million, followed by industrial products at JD84 million, agricultural goods at JD41 million, and Arab-origin goods at JD28 million, with the rest attributed to other products. The certificate of origin is an international trade document that certifies that goods in a specific shipment were wholly obtained, produced, manufactured, or processed in a particular country. Customs authorities use it to determine the eligibility of goods for import duties and trade regulations. ACC issues certificates of origin for Jordanian agricultural, animal, and raw natural products, as well as for foreign goods being re-exported or purchased locally under specific conditions. It also issues certificates for Jordanian industrial products upon the exporter's request, based on an original factory invoice endorsed by an industrial chamber, and a duly certified original certificate of origin confirming the Jordanian origin of the goods. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
