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Murad presses for easier flow of commodities between Jordan, Russia

By Petra | 23:28 January 24, 2015 |
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AMMAN — Amman Chamber of Commerce (ACC) President Issa Murad called for eliminating obstacles hindering the penetration of Jordanian commodities' to the Russian market. During a meeting with a delegation from the Russian customs department on Thursday, he called for addressing challenges to ensure the flow of commodities between the two countries. Murad noted that the Kingdom's exports to Russia witnessed a "noticeable" decline, going down by 57 per cent between 2010 and 2013, adding that imports from Russia also declined by 49 per cent during the same period. Moreover, he cited the "modest" Russian investments in the Kingdom, which he said do not exceed JD280, 000 and are only concentrated in the industrial sector. The ACC president called on Russian businesspeople to explore investment opportunities in Jordan.

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