Latest news with #IndustryandTrade
Jordan News
2 days ago
- Business
- Jordan News
Bilateral Committee Formed to Review Jordan-Syria Free Trade Agreement - Jordan News
Bilateral Committee Formed to Review Jordan-Syria Free Trade Agreement Minister of Industry and Trade, Yarub Qudah, affirmed on Tuesday that the historical relations between Jordan and Syria have "returned to flourish through the efforts of both governments," pointing out that there are royal directives to support Syria since the regime change. اضافة اعلان Speaking during the meetings of the Jordanian-Syrian Joint Economic and Trade Committee, Qudah stated that both sides have established a Joint Coordinating Council to enhance bilateral relations and overcome obstacles to economic cooperation. For her part, Secretary-General of the Ministry of Industry and Trade, Dana Al-Zoubi, outlined the key agreements reached during the meetings, noting a "consensus on forming a bilateral committee to review the Free Trade Agreement between Jordan and Syria, prepare product lists, and form a direct communication committee to address private sector trade challenges." Al-Zoubi added, "We emphasized the need to expedite the reopening of the Bab al-Hawa border crossing and agreed on the mutual recognition of conformity certificates for Jordanian products entering Syria. We will also consider the approval of Jordanian pharmaceuticals," adding that "there was an agreement to provide training to the Syrian side on digital transformation at the Ministry of Industry and Trade." On agricultural matters, Secretary-General of the Ministry of Agriculture, Mohammad Al-Hayari, said: "We agreed to develop an agricultural calendar between the two countries that meets the interests and needs of both sides. Trade exchange between the two countries has seen significant growth." He added, "We agreed to appoint contact points between the two countries to accelerate work and avoid bureaucratic complications." For his part, Syrian Minister of Industry, Mohammad Al-Shaar, said: "Syria has suffered greatly, and we are now facing both a breakthrough and significant challenges in rebuilding the state. We need the help of everyone interested in supporting Syria—Jordan is the first." Al-Shaar stressed that "the two countries need to integrate their interests. We share a common goal: improving the standard of living in both countries." Source: Al-Mamlaka
MTV Lebanon
3 days ago
- Business
- MTV Lebanon
Industry Minister broaches means to bolster bilateral industrial relations with Moroccan, Jordanian Ambassadors
Industry Minister Joe Issa Khoury received Moroccan Ambassador to Lebanon, Mhammed Grine, in his office the ministry. Minister Issa Khoury emphasized "the depth of the bilateral relations between Lebanon and the Kingdom of Morocco, and the activation of joint efforts to develop them across various levels, particularly economic and industrial ones." Ambassador Grine conveyed an invitation from Moroccan Minister of Industry and Trade Ryad Mezzour, to Minister Issa Khoury to "visit Morocco at the head of a delegation of industrialists, aimed to strengthen trade exchange between the two countries." Separately, Minister Issa Khoury then met with Jordanian Ambassador Walid Al-Hadid, and they discussed "the importance of establishing integrated industrial investment projects between businessmen from both countries, which meet the needs of the region's markets."
Business Recorder
6 days ago
- Business
- Business Recorder
Talks on PTA with Vietnam to begin next year
ISLAMABAD: Pakistan and Vietnam have agreed to initiate negotiations on a Pakistan–Vietnam Preferential Trade Agreement (PTA) within 2025 and emphasised enhancing institutional and business linkages for sustained trade growth. The issue of trade was discussed at the 5th meeting of the Pakistan–Vietnam Joint Trade Committee (JTC) held in Hanoi, reactivating this institutional forum after a hiatus of eight years. The session was co-chaired by Nasir Hamid, Additional Secretary of Commerce, Phan Thi Thang, Deputy Minister of Industry and Trade, Viet Nam. The signing ceremony of the agreed minutes was witnessed Jam Kamal Khan, Federal Minister for Commerce of Pakistan, and Nguyen Hong Dien, Minister of Industry and Trade of Viet Nam. The Committee reviewed the current state of bilateral trade and outlined future cooperation in key areas including trade facilitation, market access, textile and fisheries, Halal certification, civil aviation, healthcare, and banking channels. Minister of Commerce, Jam Kamal Khan also held a bilateral meeting with Nguyen Hong Dien, Minister of Industry and Trade of Vietnam, to strengthen economic cooperation and explore new avenues for trade and investment between the two countries. The high-level meeting took place in a spirit of mutual friendship and partnership, reflecting the growing economic and diplomatic ties between Pakistan and Vietnam. Both sides reaffirmed their commitment to deepening bilateral trade relations and discussed key areas including trade diversification, market access, investment promotion, and collaboration in industrial development. During the meeting, the two ministers emphasized the need for enhanced business-to-business linkages, promotion of joint ventures, and cooperation in sectors such as textiles, agriculture, pharmaceuticals, information technology, and energy. Discussions also focused reducing trade barriers and working towards a Preferential Trade Agreement (PTA) to facilitate smoother trade flows. Minister Jam Kamal Khan highlighted Pakistan's strategic location and offered Vietnam greater access to Central Asian and Middle Eastern markets through regional connectivity projects. Nguyen Hong Dien expressed Vietnam's interest in increasing imports of Pakistani rice, textiles, and leather products, and welcomed Pakistani investment in Vietnam's manufacturing and technology sectors. The meeting concluded with a shared vision to elevate Pakistan-Vietnam bilateral trade volume and to foster long-term economic partnership for the mutual benefit of both nations. Copyright Business Recorder, 2025
Express Tribune
6 days ago
- Business
- Express Tribune
Pak-Vietnam PTA talks soon
The fifth meeting of the Pakistan-Vietnam Joint Trade Commission (JTC) was held in Hanoi on Friday, marking the reactivation of the institutional forum after a hiatus of eight years. The session was co-chaired by Pakistan's Additional Commerce Secretary Nasir Hamid and Vietnam's Deputy Minister of Industry and Trade Phan Thi Thang. The signing of agreed minutes was witnessed by Federal Minister for Commerce Jam Kamal Khan and Vietnam's Minister of Industry and Trade Nguyen Hong Dien, said a statement. The committee reviewed the current state of bilateral trade and outlined future cooperation in key areas including trade facilitation, market access, textile, fisheries, Halal certification, civil aviation, healthcare and banking channels. Both sides agreed to initiate negotiations on a Pakistan-Vietnam Preferential Trade Agreement (PTA) in 2025 and underscored the need for enhancing institutional and business linkages for sustained trade growth. The meeting concluded with the commitment to unlocking the untapped trade potential between the two countries. The sixth session of the Joint Trade Commission will be held in Pakistan at a mutually convenient time. Separately, Minister for Commerce Jam Kamal Khan held a bilateral meeting with Vietnam's Minister of Industry and Trade Nguyen Hong Dien to strengthen economic cooperation and explore new avenues for bilateral trade and investment. The high-level meeting took place in a spirit of mutual friendship and partnership, reflecting the growing economic and diplomatic ties between Pakistan and Vietnam. Both sides reaffirmed their commitment to deepening bilateral trade relations and explored key areas such as trade diversification, market access, investment promotion and collaboration in industrial development. The two ministers emphasised the need for enhanced business-to-business linkages, promotion of joint ventures and cooperation in the fields of textile, agriculture, pharmaceuticals, information technology and energy. Discussions also focused on reducing trade barriers and working towards the PTA. Jam Kamal highlighted Pakistan's strategic location and offered Vietnam greater access to Central Asian and Mideast markets through regional connectivity projects. Nguyen Hong Dien expressed Vietnam's interest in increasing imports of Pakistani rice, textiles and leather products and welcomed Pakistan's investment in Vietnam's manufacturing and tech sectors.
Business Recorder
6 days ago
- Business
- Business Recorder
Pakistan, Vietnam to initiate talks on Preferential Trade Agreement this year
Pakistan and Vietnam have agreed to initiate negotiations on a Pakistan–Vietnam Preferential Trade Agreement (PTA) within this year. The development came during the 5th Meeting of the Pakistan–Vietnam Joint Trade Committee (JTC) convened on Friday in Hanoi, reactivating this institutional forum after a hiatus of eight years. The session was co-chaired by Nasir Hamid, Additional Secretary of Commerce, Islamic Republic of Pakistan, and Phan Thi Thang, Deputy Minister of Industry and Trade, Socialist Republic of Vietnam. The signing ceremony of the agreed minutes was solemnly witnessed by Jam Kamal Khan, Minister for Commerce of Pakistan, and Nguyen Hong Dien, Minister of Industry and Trade of Vietnam. The JTC reviewed the current state of bilateral trade and outlined future cooperation in key areas, including trade facilitation, market access, textiles and fisheries, Halal certification, civil aviation, healthcare, and banking channels. Vietnam envoy for expanding economic ties with Pakistan During the meeting, both sides emphasised enhancing institutional and business linkages for sustained trade growth. The meeting concluded with a reaffirmed commitment to unlocking the untapped trade potential between the two countries. Earlier, Jam Kamal Khan held a bilateral meeting Nguyễn Hồng Diên to strengthen economic cooperation and explore new avenues for trade and investment between the two countries. The high-level meeting took place in a spirit of mutual friendship and partnership, reflecting the growing economic and diplomatic ties between Pakistan and Vietnam, read a statement released by the Ministry of Commerce. During the meeting, the two ministers emphasised the need for enhanced business-to-business linkages, promotion of joint ventures, and cooperation in sectors such as textiles, agriculture, pharmaceuticals, information technology, and energy. Discussions also focused on reducing trade barriers and working towards a Preferential Trade Agreement (PTA) to facilitate smoother trade flows. A PTA is a trade pact between two or more countries where they agree to reduce or eliminate tariffs and other trade barriers on certain goods and services traded between them. During the meeting, Jam Kamal highlighted Pakistan's strategic location and offered Vietnam greater access to Central Asian and Middle Eastern markets through regional connectivity projects. Meanwhile, Nguyễn Hồng Diên expressed Vietnam's interest in increasing imports of Pakistani rice, textiles, and leather products, and welcomed Pakistani investment in Vietnam's manufacturing and technology sectors. The meeting concluded with a shared vision to elevate Pakistan-Vietnam bilateral trade volume and to foster long-term economic partnership for the mutual benefit of both nations.
