Latest news with #Jordanian-Moroccan
Ammon
5 days ago
- Business
- Ammon
Jordan, Morocco discuss economic cooperation
Ammon News - The Amman Chamber of Commerce (ACC) and Morocco's ambassador to Jordan, Fouad Akhrif, held a meeting to explore ways to enhance trade and investment cooperation between the two countries, citing the need for stronger institutional coordination and greater engagement between their private sectors. According to a statement by the Chamber, Chairman Khalil Al-Haj Tawfiq emphasized the strength of Jordanian-Moroccan relations and called for the development of deeper economic ties. He said current trade volumes do not reflect the potential of the bilateral relationship and pointed to limited delegation exchanges and coordination between chambers of commerce as key obstacles. Al-Haj Tawfiq proposed activating communication channels, improving the flow of investment and trade information, and establishing continuous networking platforms between the two business communities. He announced an agreement with Moroccan Member of Parliament Khadija Hajoubi to host an exhibition of traditional Moroccan crafts and products in Amman later this year. A twinning arrangement is also planned between the Amman Chamber of Commerce and the chamber in the Fès-Meknès region. He added that the Chamber is prepared to support Moroccan companies seeking entry into the Jordanian market and encouraged joint private-sector participation in reconstruction projects in Syria. He also described Morocco as a key gateway for Jordanian companies seeking access to African markets. Al-Haj Tawfiq stressed the importance of streamlined visa procedures and closer cooperation with the Moroccan Embassy to facilitate business travel and joint trade events. Ambassador Akhrif acknowledged the strength of political ties between Jordan and Morocco but noted that economic relations remain underdeveloped by comparison. He urged both sides to intensify efforts to realize their economic potential, citing Morocco's ongoing development across sectors. He proposed holding a business forum in Morocco to bring together companies from both countries, focusing on promising sectors that could support trade and investment partnerships. Akhrif also highlighted Morocco's investment opportunities and encouraged Jordanian businesses to leverage existing bilateral agreements and participate in trade missions. Chamber board members emphasized the need to implement and update bilateral agreements and memorandums of understanding, noting that deeper cooperation could lead to expanded trade, greater diversification of exchanged goods, and stronger collaboration in tourism, transportation, and logistics. They welcomed the planned resumption of direct flights between the two countries later this year, which they said would improve business mobility. However, they noted that the current sea freight route is inefficient due to its length and called for the development of faster, more reliable transport links.
Jordan Times
30-04-2025
- Business
- Jordan Times
Senate president, Moroccan officials talk ties
Senate President Faisal Fayez on Wednesday discusses with Moroccan officials bilateral ties and prospects of forging closer cooperation between the two countries in various fields, build investment partnerships, and exchange expertise (Petra photo) AMMAN — Senate President Faisal Fayez discussed with Moroccan officials on Wednesday bilateral ties and prospects of forging closer cooperation between the two countries in various fields, build investment partnerships, and exchange expertise. Fayez met separately with Moroccan Minister of Agriculture and Fisheries Ahmed Bouadi, Transport Minister Abdessamad Qaiouh, and Minister of Industry and Trade Ryad Mezzour, on the sidelines of the Third Parliamentary Conference on South-South Cooperation, the Jordan News Agency, Petra, reported. Fayez stressed the 'deep' Jordanian-Moroccan relations and the 'keen' interest of the two countries' leaderships to further enhance them in various fields. He also reviewed the current circumstances and economic challenges facing the Arab world, and the need for the two kingdoms to enhance cooperation and exchange technical and technological expertise to help address these challenges in a collective manner. Fayez outlined a number of vital sectors for cooperation, such as benefiting from Morocco's expertise in agricultural technology, desalination of wastewater for agricultural purposes, and launching food industry projects, as well as exports to European markets via the Port of Tangier. He also referred to cooperation in mining, activating a signed protocol in geology and renewable energy, ammonia production projects and exchange expertise in the field of green hydrogen. The ministers lauded the 'high level' of Moroccan-Jordanian relations in various fields, and said that Morocco is open for the exchange of expertise in mining, agricultural technology, the automotive industry, water desalination and agricultural technology. They expressed 'willingness' to increase joint investments and promote the Moroccan private sector to seize advantages Jordan offers in the sectors of agriculture, transportation, energy, tourism and water.
Ammon
24-04-2025
- Politics
- Ammon
Senate President, Arab Parliament official discuss Cooperation
Ammon News - Senate President Faisal Al-Fayez met on Thursday with Khadija Hajoubi, Deputy Chair of the Social Committee in the Arab Parliament and member of the Moroccan House of Representatives, to discuss enhancing parliamentary collaboration and cultural ties between Jordan and meeting, held in Amman and attended by Senator Ihsan Barakat, the Senate's representative to the Arab Parliament, focused on the close bilateral relations between Jordan and Morocco, described by Al-Fayez as founded on mutual respect and a shared vision to advance the interests of both emphasized the need to strengthen the role of Arab parliamentary institutions in addressing regional challenges and promoting collective Arab also called for greater coordination among Arab legislative bodies to support political and development agendas that serve the broader Arab her part, Hajoubi highlighted Morocco's commitment to deepening ties with Jordan's Senate through continued engagement in the Arab Parliament and bilateral parliamentary initiatives. She praised the level of cooperation between the two countries and expressed her country's readiness to explore new opportunities for joint action. Hajoubi proposed organizing a joint Jordanian-Moroccan exhibition in Amman showcasing traditional and artisanal products from both countries. The initiative, she said, would serve as a platform to reinforce cultural connections and promote heritage industries. Petra
Jordan Times
12-04-2025
- Business
- Jordan Times
JIEC, Morocco's CDG launch 'strategic' technical, economic partnership
Jordan Industrial Estates Company and Morocco's Deposit and Management Fund on Saturday signs a memorandum of understanding to establish a 'strategic' partnership (Petra photo) AMMAN — Jordan Industrial Estates Company (JIEC) and Morocco's Deposit and Management Fund (CDG) on Saturday signed a memorandum of understanding (MoU) to establish a "strategic" partnership to strengthen technical and practical relations to promote "sustainable" development and increase added value to empower and advance of the two countries' economies. The agreement, which was signed by JIEC Director General Omar Juwaid, and CDG's Director General, Khaled Safir, saw attendance of Moroccan Ambassador to Jordan Fouad Akhrif and the two sides' officials. According to a JIEC statement, the MoU came as part of the CDG's delegation's visit to Jordan to learn about the expertise of several Jordanian institutions, mainly this Jordanian company. The memo establishes cooperation in areas of mutual interest, primarily institutional fields, investment, training, technology, development, corporate governance, and assessment and decision-making mechanisms. Speaking at the signing ceremony, Juwaid highlighted the "deep-rooted" Jordanian-Moroccan relations, under the two kingdoms' leadership within visits and joint working committees in all fields, primarily in the economic areas. Juwaid also highlighted the "comprehensive growth" in Jordanian industrial estates over the past forty years, which have become the "largest" incubator for industrial investments in Jordan, noting their "distinguished" contributions to employing Jordanian workers and driving economic development. Meanwhile, the Moroccan envoy said the visit falls within the practical implementation of a "strategic" partnership, based on "solid" foundations and pillars. The diplomat added that the MoU reflects the "deep-rooted and close, brotherly" bilateral ties and seeks to establish an "advanced model" of technical and institutional cooperation to achieve common interests. Akhrif added that the memo represents a "fundamental" step to enhance integration and consolidate cooperation ties, which would contribute to success of joint projects, develop institutional capacities, and achieve future goals and aspirations, serve the two countries' economic, social and human development. Under the memo, the two sides will exchange information and expertise and prepare consultations to conduct joint and agreed-upon studies and projects. Additionally, both sides will coordinate and prepare field studies to achieve digital transformation in their operations to keep pace with requirements of the industrial revolution and contribute to accelerate transition to the next generation in this field. Cooperation will also be made to organise events, workshops, and meetings to coordinate and exchange views on issues of common interest through local and international forums, and unify efforts, in a bid to develop industry and enhance the two kingdoms' integration in this area, according to the statement Page 2
