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Meeting held to discuss maximising benefits of agreement to simplify rules of origin

By JT - Dec 14,2017 - Last updated at Dec 14,2017

Minister of Planning and International Cooperation Imad Fakhoury hosts a meeting to discuss maximising the benefits of the agreement to simplify rules of origin for Jordanian exports to the EU in 2018 on Thursday (Photo courtesy of Planning Ministry)

AMMAN — Planning and International Cooperation Ministry on Thursday hosted a meeting to discuss maximising the benefits of the agreement to simplify rules of origin for Jordanian exports to the EU in 2018, and challenges facing the private sector and that hinder exports to the EU markets.

The meeting was attended by Minister of Planning and International Cooperation Imad Fakhoury, Minister of Industry, Trade and Supply Yarub Qudah, State Minister for Investment Affairs/Chairman of the Jordan Investment Commission (JIC) Mohannad Shehadeh and heads and representatives of Jordan, Amman, Irbid and Zarqa chambers of commerce, according to Planning Ministry statement.

During the meeting, Fakhoury stressed the importance of the agreement that will enable Jordanian industries export to the EU through granting the Kingdom simplified rules of origin, in recognition of the magnitude of the challenges facing Jordan, especially the burden borne by hosting large number Syrian refugees. 

“This agreement also reaffirms the commitment of the EU to support the Kingdom based on the outcomes of the London Conference, the Jordan Compact and the follow-up conference in Brussels,” Fakhoury said.

He explained that work is under way with various partners to ensure the success of the agreement, adding that the Ministry of Industry is working with Jordanian factories to maximise the benefits and the JIC is leading the effort to attract new investments.

For their part, representatives of the chambers outlined challenges facing the private sector that limit exports to the EU markets, as well as suggestions to overcome these obstacles and to meet the requirements of the EU markets.

Fakhoury stressed that the session is first in a series of meetings with the private sector to ensure maximum benefit from the decision in favour of Jordanian companies and encourage them to export to the EU markets.

The Planning Ministry team briefed the attendees on the latest developments related to the technical support projects that the ministry has launched to provide support to the Jordanian companies.

The projects enable them to export in general while those interested in exporting to the EU markets through specialised programmes to build capabilities of Jordanian companies and factories, and improve export capabilities, the statement said.

Shehadeh underscored the 2018’s plans of the ministries that concerned with cooperation with chambers of industry and representatives of the private sector in order to maximise the benefits of the agreement, including raising the awareness of the Jordanian industrial sector about export opportunities to the European market; organising exhibitions and trade missions in targeted European cities in order to promote Jordanian exports and to attract new investments.

 

The statement said that a number of workshops will be held for private sector companies in cooperation with the Planning Ministry, the Ministry of Industry, Trade and Supply, and the Chambers of Industry to raise awareness about the benefits of the agreement.

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