Latest news with #JordanTrade
Zawya
5 hours ago
- Business
- Zawya
Jordan: Industry Ministry allows import of select Syrian goods under new licensing rules
AMMAN — The Ministry of Industry, Trade and Supply on Wednesday approved the import of several Syrian industrial goods, which eases restrictions previously placed on specific products. The decision is effective as of May 7, and permits certain items to enter the Kingdom under an official import licensing system, according to the Jordan News Agency, Petra. Newly approved imports consist of household electric fans including table, floor, wall and ceiling models with motors up to 125 watts, electric hair dryers, meat and poultry preparation machines, household blenders and juicers and date molasses. The list also comprises equipment for sorting and cleaning agricultural products, such as eggs and fruits, as well as devices for processing fruits, nuts and vegetables. Jordan will also allow the import of sterilisation equipment for medical, surgical and laboratory use, as well as temporarily preserved olives and cucumbers that are not yet ready for consumption, and other preserved, non-frozen vegetables that are not stored in vinegar, acetic acid or sugar. This decision is part of Jordan's "broader" efforts to manage trade with Syria while ensuring oversight through a licensing framework that supports local market needs. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Zawya
19-05-2025
- Business
- Zawya
Jordanian industries eye Syrian market with strong presence at Damascus Construction Expo
AMMAN — Jordan is stepping up its industrial engagement with Syria, with 25 Jordanian companies set to participate in the International Construction Exhibition in Damascus, scheduled for May 27–31. According to Fathi Jaghbir, president of the Jordan and Amman Chambers of Industry, the participating firms operate in key sectors vital to Syria's reconstruction, including infrastructure, building materials, energy, and engineering. Jordan's comparative advantages in these industries position its industrial sector as a potential driver in regional rebuilding efforts, he said. Jaghbir stressed that reviving economic relations with Syria is in the mutual interest of both nations, building on deep-rooted historical and cultural ties. He added that lifting sanctions on the movement of goods and financial transactions would significantly enhance trade and improve the investment climate along the shared border. He pointed out that Jordanian exports to Syria exceeded JD13 million in the first two months of 2025, a 40 per cent increase compared with the same period last year, expressing optimism that trade levels could return to their 2011 peak of over JD181 million. Jordan's geographic location gives it a strategic edge as a regional logistics hub for distributing goods to Syria, Lebanon, and Turkey, boosting the Kingdom's role as a trade gateway and supporting the revival of cross-border commerce through Syrian territory, Jaghbir added. As part of the exhibition, a Jordanian industrial delegation would hold meetings with Syrian ministries and trade authorities to explore opportunities for joint ventures, integrated manufacturing, and broader industrial cooperation. 'This is the first official commercial and service sector visit under the JCC, and it represents the largest private-sector delegation to Syria in over a decade,' said Jordan Chamber of Commerce (JCC) President Khalil Hajj Tawfiq. According to Hajj Tawfiq, discussions will focus on establishing a joint Jordanian-Syrian Business Council and organising a bilateral business forum in Amman aimed at fostering deeper economic integration. US President Donald Trump, speaking from Riyadh on Tuesday, announced the lifting of long-standing Assad-era sanctions on Syria. Calling the sanctions 'brutal and crippling,' Trump said it was now Syria's 'time to shine,' and that easing restrictions would 'give them a chance at greatness.'
