Latest news with #JordanChamberOfCommerce
Zawya
3 days ago
- Business
- Zawya
‘Efforts underway to ease Jordan-Syria goods movement'
AMMAN — Jordan and Syria on Thursday explored measures to streamline the flow of goods and passengers across their shared border to revive trade and logistics cooperation. An economic delegation from Jordan, led by President of the Jordan Chamber of Commerce (JCC) Khalil Al-Hajj Tawfiq, on Wednesday met in Damascus with Head of Syria's General Authority for Land and Maritime Ports Qutaiba Badawi. The meeting focused on eliminating logistical barriers, reducing transport costs and boosting cross-border commerce, the Jordan News Agency, Petra, reported. Discussions addressed practical steps to ease customs procedures, facilitate the movement of passengers, goods, tourists, and tour buses, and develop transit trade through both countries. The two sides also reviewed proposals to capitalise on the strategic location of Aqaba Port, simplify foreign company registration, regulate customs clearance fees, and ensure re-exported goods from Jordan's Zarqa Free Zone are "properly" certified with Jordanian certificates of origin. Hajj Tawfiq called for "sustained" coordination between the two countries on matters related to border management. He stressed the value of Jordan's experience in customs clearance, transport, logistics and free zone operations. "The Jordan Chamber of Commerce remains committed to building strong economic ties with Syria through partnership with the Federation of Syrian Chambers of Commerce," Hajj Tawfiq said, adding that the goal is to establish a "model" of regional economic integration. For his part, Badawi reaffirmed Syria's commitment to facilitating trade and transit with Jordan, calling it a 'strategic priority' for enhancing bilateral economic relations. He said that Syria seeks to upgrade its logistical infrastructure and transform its free zones into regional trade hubs connected to international transport networks. Badawi noted that the Syrian government is pursuing a clear strategy to revitalise the transport and logistics sectors, attract investment and stimulate economic activity. He highlighted "ongoing" rehabilitation efforts at land crossings, aimed at accelerating customs processes and lowering costs for traders on both sides. He also stressed that economic stability and growth in Syria would have a "positive" impact on Jordan and the wider region, pointing to significant untapped potential for cooperation in trade, logistics and investment. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Zawya
6 days ago
- Business
- Zawya
Syria Invites Jordanian companies to join reconstruction efforts
AMMAN — Syria has officially invited Jordanian companies to participate in its post-war reconstruction, the Jordan News Agency, Petra, reported. The invitation came during a meeting in Damascus on Monday evening between Syrian Minister of Public Works and Housing Mustafa Abdulrazzaq and members of a visiting Jordanian economic delegation. Abdulrazzaq urged Jordanian firms specializing in contracting, construction, and engineering consultancy to take part in efforts to rebuild war-damaged areas across Syria. He highlighted the Syrian government's interest in tapping into Jordan's experience, particularly in infrastructure and solar-powered road lighting, according to Petra. The minister noted that Syria is prioritizing the restoration of devastated regions, expansion of housing under cooperative associations, and rehabilitation of public construction institutions. He added that the government offers incentives to encourage cross-border investment, welcoming participation from Arab and international firms alike. Abdulrazzaq also praised Jordan for its humanitarian support throughout the Syrian conflict, especially its role in hosting refugees. Leading the Jordanian delegation, Senator Khalil Al Haj Tawfiq, president of the Jordan Chamber of Commerce, said the visit aims to revive commercial and investment ties. He expressed the private sector's readiness to forge strategic partnerships to support Syria's recovery. Al Haj Tawfiq cited Jordan's strong construction and engineering sectors, and pledged to provide a list of Jordanian companies specializing in renewable energy and street lighting. He proposed a dedicated business forum to showcase Jordanian capabilities in construction and housing. Fouad Al Duweiri, president of the Jordanian Contractors Association, affirmed the sector's readiness to deliver comprehensive services—including construction, consulting, and mechanical training in line with modern standards. He welcomed collaboration with Syria's private sector in infrastructure and housing projects. Ibrahim Nawaisah, head of the construction sector at the Jordan Chamber of Commerce, pointed to Jordan's regional experience, particularly in Iraq and the Gulf, and said Syria's reconstruction presents a shared interest that could reinforce economic ties. Fahd Abu Jaber of the Jordanian Engineering Business Forum outlined potential contributions from Jordanian consultancies, including urban planning, traffic management, and rehabilitation of hospitals, schools, and water infrastructure. The discussions signal a renewed interest in economic cooperation through reconstruction, which both sides say could yield lasting benefits. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Arab News
6 days ago
- Business
- Arab News
Jordan eyes new economic partnership with Syria during official visit
DAMASCUS: The Jordan Chamber of Commerce has used a visit to the Syrian Arab Republic to lay the groundwork for a renewed economic partnership, with a focus on deepening cooperation and supporting Syria's reconstruction and economic recovery. During an official visit to Damascus on Monday, Senator Khalil Al-Haj Tawfiq, head of the Jordanian delegation, said his country was mobilizing its capabilities and private sector expertise to aid Syria's economic development, the Jordan News Agency reported. The JCC held talks with the Federation of Syrian Chambers of Commerce to explore collaboration across key sectors, including trade, transport, logistics, agriculture, industry, food, banking and shipping. The two sides agreed to draft a comprehensive road map to guide future cooperation, with an emphasis on investment, joint ventures and reconstruction initiatives. 'Our delegation seeks to launch a new phase of economic cooperation that serves both countries' interests,' Tawfiq said. 'We are committed to facilitating trade and transport and enhancing private sector engagement to support Syria's path forward.' The Jordanian delegation, comprising leaders from the commercial and service sectors, will also hold a series of meetings with Syrian officials and business representatives over three days. The talks aim to revive the Jordanian-Syrian Joint Business Council and set the stage for an upcoming economic forum in Amman. FSCC President Alaa Ali welcomed Jordan's support, highlighting the strong historic ties between the two countries, the report said. He called for boosting product competitiveness and reevaluating trade agreements, particularly in light of recent moves to ease international sanctions on Syria. Ali praised the recent signing of a memorandum of understanding between the Jordanian and Syrian governments to establish a Higher Coordination Council, describing it as a vital step toward enhanced economic integration. The visit was coordinated with Jordan's Ministry of Foreign Affairs and the Jordanian Embassy in Damascus and marks a significant step toward rebuilding economic bridges between the two neighbors.
Zawya
7 days ago
- Business
- Zawya
Jordan: 'From Souqs to global markets' trade sector marks as economic cornerstone
AMMAN — President of the Jordan and Amman chambers of commerce Khalil Haj Tawfiq on Saturday said that the sector's 'immense achievements' reflect on the 79-year journey of the trade sector into global market. According to a statement marking Independence Day, this journey has seen the national economy thrives to over 150,000 officially registered commercial and service companies spread across the Kingdom. "The Gross Domestic Product [GDP] has climbed from mere hundreds of millions at independence to JD36.078 billion in 2023," Haj Tawfiq told the Jordan News Agency, Petra. "What has been achieved would not have been possible without the genuine partnership between the public and private sectors,' he stressed. This resilience is evidenced by compelling figures; per capita GDP rose to JD3,228 last year from JD1,278 in 2001. Jordanian exports surged "dramatically" from around JD4 million in 1960 to JD8.579 billion in 2023, while imports grew from about JD43 million to JD19.110 billion over the same period, Haj Tawfiq noted. The trade and services sector is the "primary" engine of Jordan's economy, as it constitutes about 70 per cent of GDP and employs over half a million of registered workers, he said. Haj Tawfiq underscored the sector's role in providing goods and services, creating jobs, enhancing the business environment and strengthening economic ties globally. He also referred to the sector's 'success' in integrating into the world economy through a series of "key" free trade agreements, making Jordan unique among Arab nations in its extensive network of such pacts. Jordan stands as an attractive hub for trade and investment, thanks to its security and stability, opportunities, economic reforms and major infrastructure projects such as the Aqaba Special Economic Zone Authority (ASEZA), industrial estates and development zones. Haj Tawfiq stressed the need for unified efforts between the public and private sectors to implement the EMV swiftly. He stressed the Jordan Chamber of Commerce's commitment to supporting the sector, attracting investment and building robust international networks.
Jordan Times
24-05-2025
- Business
- Jordan Times
'From Souqs to global markets' trade sector marks as economic cornerstone
President of the Jordan and Amman chambers of commerce Khalil Haj Tawfiq on Saturday says that the Gross Domestic Product has climbed from mere hundreds of millions at independence to JD36.078 billion in 2023 (Petra photo) AMMAN — President of the Jordan and Amman chambers of commerce Khalil Haj Tawfiq on Saturday said that the sector's 'immense achievements' reflect on the 79-year journey of the trade sector into global market. According to a statement marking Independence Day, this journey has seen the national economy thrives to over 150,000 officially registered commercial and service companies spread across the Kingdom. "The Gross Domestic Product [GDP] has climbed from mere hundreds of millions at independence to JD36.078 billion in 2023," Haj Tawfiq told the Jordan News Agency, Petra. "What has been achieved would not have been possible without the genuine partnership between the public and private sectors,' he stressed. This resilience is evidenced by compelling figures; per capita GDP rose to JD3,228 last year from JD1,278 in 2001. Jordanian exports surged "dramatically" from around JD4 million in 1960 to JD8.579 billion in 2023, while imports grew from about JD43 million to JD19.110 billion over the same period, Haj Tawfiq noted. The trade and services sector is the "primary" engine of Jordan's economy, as it constitutes about 70 per cent of GDP and employs over half a million of registered workers, he said. Haj Tawfiq underscored the sector's role in providing goods and services, creating jobs, enhancing the business environment and strengthening economic ties globally. He also referred to the sector's 'success' in integrating into the world economy through a series of "key" free trade agreements, making Jordan unique among Arab nations in its extensive network of such pacts. Jordan stands as an attractive hub for trade and investment, thanks to its security and stability, opportunities, economic reforms and major infrastructure projects such as the Aqaba Special Economic Zone Authority (ASEZA), industrial estates and development zones. Haj Tawfiq stressed the need for unified efforts between the public and private sectors to implement the EMV swiftly. He stressed the Jordan Chamber of Commerce's commitment to supporting the sector, attracting investment and building robust international networks.
