Latest news with #JordanSyria
Zawya
02-06-2025
- Business
- Zawya
Jordan: Amman, Damascus chambers forge closer ties through twinning agreement
AMMAN— The Amman and Damascus chambers of commerce on Saturday signed a twinning agreement aimed at boosting economic cooperation and renewing commercial ties between Jordan and Syria. The agreement was announced during a visit by a Jordanian economic delegation to Damascus, according to the Jordan News Agency, Petra. President of the Amman Chamber of Commerce (JCC) Khalil Haj Tawfiq said that the agreement reflects a "sincere" pan-Arab message of solidarity and that it demonstrates Jordan's "steadfast" support for Syria. He described the partnership as a 'meaningful step' towards achieving shared strategic objectives and promoting economic integration. "This twinning is not just symbolic, it marks a concrete move to strengthen business ties between the private sectors in both countries. It aligns with our shared interest in promoting Arab unity and responding to regional economic and social challenges,' Hajj Tawfiq said. The two chambers also agreed to establish a joint Syrian-Jordanian Business Council in coordination with the Federation of Syrian Chambers. The council will operate under formal regulations and a clear roadmap to guide institutional and sustainable cooperation between the two economies. President of the Damascus Chamber of Commerce Issam Ghreiwati welcomed the agreement, emphasising that the Jordanian delegation's visit marked a 'turning point' in efforts to rebuild trade ties after years of disruption. He said that the twinning deal signals a new chapter in the economic partnership, laying the groundwork for increased trade and investment opportunities. "It opens up new opportunities for both countries and enhances their position in the regional and Arab markets", he said, reaffirming Damascus' commitment to working with Amman towards a prosperous and sustainable future.
Zawya
27-05-2025
- Business
- Zawya
42 Jordanian companies participate in Damascus economic forum
AMMAN — President of the Jordan and Amman Chambers of Industry Fathi Jaghbir has highlighted the importance of bolstering economic cooperation between Jordan and Syria in a way that serves the shared interests of both neighbouring countries. Speaking at the Jordanian-Syrian Economic Forum and Exhibition, which commenced on Monday in Damascus, Jaghbir noted that 42 Jordanian companies are participating in the accompanying exhibition. These companies represent key sectors vital to Syria's reconstruction efforts, including infrastructure, construction materials, energy, and engineering industries; sectors where Jordan has strong competitive capabilities, according to the Jordan News Agency, Petra. Jaghbir highlighted the significance of Jordanian participation in opening new opportunities for Jordanian products in the Syrian market and stressed the importance of strengthening bilateral economic ties. He also called for building on the historic relationship and mutual interests between the two countries to foster a more conducive environment for expanded economic cooperation. Jaghbir also urged easing restrictions on the movement of goods and financial transfers, saying such measures would facilitate trade flows and improve the investment climate in Syria. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. ( JT
Zawya
26-05-2025
- Business
- Zawya
Jordan, Damascus industry chambers agree to form joint business council
AMMAN — President of the Jordan Chamber of Industry (JCI) Fathi Jaghbir and Chairman of the Damascus Chamber of Industry Muhammad Al Mawlawi have agreed to establish a joint business council and joint sectorial committees between the two chambers in the textile, chemical, engineering and food sectors. During an official visit to Damascus, Jaghbir stressed that the committees aim to boost trade exchange between the two countries in these sectors and address any obstacles based on a 'win-win' approach, the Jordan News Agency, Petra, reported, citing a JCI statement on Sunday. As part of efforts to boost bilateral economic relations, he said that 25 Jordanian industrial companies are scheduled to take part in the International Building Exhibition to be held in Damascus from May 27 to 31. The participation is organised by the Amman Chamber of Industry and includes a delegation of more than 250 industrialists, the largest Jordanian delegation to visit Syria in decades, the JCI president pointed out. Jaghbir noted that the participating Jordanian companies represent vital sectors related to reconstruction, including infrastructure, building materials, energy, and engineering industries, where Jordan holds a 'strong competitive edge,' stressing the importance of this participation in opening new opportunities for Jordanian products in the Syrian market. He also highlighted the need to boost economic ties between Jordan and Syria, pointing to the 'historical ties and shared interests' that provide a favourable environment for expanded economic cooperation. The industrialist added that easing restrictions on the movement of goods and financial transfers would facilitate the flow of commodities and services and enhance the investment climate. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Arab News
22-05-2025
- Politics
- Arab News
Jordan-Syria coordination council will strengthen ties, King Abdullah says
LONDON: King Abdullah II of Jordan and Syrian Arab Republic interim President Ahmed Al-Sharaa spoke on Thursday about bilateral relations and regional developments. The telephone conversation came after the two countries this week signed an agreement to establish the Higher Coordination Council, which aims to strengthen collaboration in key sectors such as water, energy and trade. The king said the new body would institutionalize cooperation and maximize opportunities for both nations. He also reiterated his support for Syrians and the country's security, stability and territorial integrity, the Jordan News Agency reported. Al-Sharaa praised Jordan's support for enhancing Syria's international presence after both the EU and US this month announced the lifting of Assad-era sanctions on the country. The two leaders also emphasized the need to increase efforts to stabilize southern Syria and improve border security.
Zawya
16-05-2025
- Business
- Zawya
Jordan: Lifting Syria sanctions key to reviving bilateral trade — Jaghbir
AMMAN — President of the Jordan and Amman Chambers of Industry Fathi Jaghbir on Thursday saidthat lifting economic sanctions on Syria would mark a strategic step toward revitalising economic and trade relations between Jordan and Syria. Jaghbir highlighted the historical and economic ties between the two neighbouring countries, stressing that easing restrictions on the movement of goods and financial transfers would facilitate the flow of commodities and services across the border, the Jordan News Agency, Petra, reported. US-imposed economic sanctions in recent years, particularly the "Caesar Act", which came into effect in 2020, have had restricted financial and banking transactions, disrupted trade flows, and limited the ability of Jordanian investors to access the Syrian market, he noted. Jaghbir expressed hope that Jordanian exports to Syria would return to their historical levels, which used to exceed JD181 million. He added that recent months have seen signs of improvement, with Jordanian exports reaching JD13 million in the first two months of 2025, showing a 40 per cent increase compared to the same period last year. The easing of restrictions would help accelerate the flow of goods between Jordan and Syria, reinvigorate trade, and open new opportunities for Jordan's private sector, especially in reconstruction-related sectors such as infrastructure, construction materials, energy, pharmaceuticals, and food industries, where Jordan holds strong competitive advantages, he noted. Jaghbir stressed the need for coordinated efforts to ensure that Jordanian products gain from this opportunityamid regional competition. He also called for logistical planning to position Jordan as a hub for reconstruction projects and to establish mutual agreemnts with the Syrian side based on shared interests to ensure tangible benefits for the Kingdom. Emphasising the potential of Jordan's industrial sector during this period, he highlighted the Kingdom's strategic geographic location, which qualifies it to serve as a central logistical corridor for delivering goods to Syria, Lebanon and Turkey. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
