Egypt initially approves permanent fair for Jordanian products in Cairo

AMMAN — The Egyptian government is willing to address any shortcomings in the economic relations with Jordan in a way that serves the interests of both sides, Egypt's Trade and Industry Minister Munir Abdul Nour said Saturday.

At a meeting with a Jordanian economic delegation comprising representatives of different sectors, headed by Amman Chamber of Commerce (ACC) President Issa Murad, Abdul Nour expressed initial approval of the delegation's request to hold a permanent exhibition for Jordanian products in Cairo, according to an ACC statement.

The minister encouraged the Jordanian private sector to enhance relations with its Egyptian peer, which will help increase economic exchange between the two countries, noting that Jordanian investments in Egypt enjoy many facilities and incentives.

Murad said it is possible for both countries to increase the trade exchange to more than its current value of $600 million, noting that the number does not reflect the deep-rooted bilateral relations, the statement added.

At the end of the meeting, ACC and its counterpart in Cairo signed a memorandum of understanding to establish joint executive committees to unify both countries' sectors views in some issues.