‘Tanzania gateway for Jordanian products to African markets’

AMMAN — Minister of State for Investment Affairs Muhannad Shehadeh said on Monday that the Tanzanian market is considered the “gateway” for Jordanian products to east African markets, praising His Majesty King Abdullah’s efforts in building strong relations with Africa, the Jordan News Agency, Petra, reported.

During a meeting on Monday with the Jordanian-Tanzanian Business Forum in Tanzania Shehadeh stressed that the Kingdom is eyeing Africa as a promising market, noting the importance of boosting efforts from the private and public sectors to make use of the opportunities in these markets. 

The minister said that moving from traditional markets to new ones such as African markets is “not easy” and it will take time and require political and economic relations to prosper.

The minister noted that Jordan’s private sector has succeeded in entering African markets, mainly pharmaceuticals, manure and beauty products as these commodities enter the markets without customs fees.

Hs stated that the meetings were attended by 260 Tanzanian companies.

Jordan Chamber of Industry President Adnan Abul Ragheb stressed that studies show that the Kingdom has a “competitive edge” with  more than 52 products to enter the Tanzanian market.

Abul Ragheb noted that Jordan’s value of exports to Tanzania reached around $730,000, and around $859,000 in imports in the first eight months of this year.