Jordan, Palestine sign memo to reinforce economic ties

AMMAN — The Palestinian-Jordanian Business Forum has signed a Memorandum of Understanding (MoU) with the chambers union of commerce, industry and agriculture to reinforce economic cooperation and promote investment opportunities between the two countries, the Jordan News Agency, Petra, reported on Monday.

The memo was signed by the Jordanian-Palestinian Business Forum Chairman Talal Al Bau and President of the Palestinian Union of Commercial, Industrial and Agricultural Chambers Khalil Rizeq, on the sidelines of the third Silk Road Conference attended by the Minister of Industry, Trade and Supply Yarub Qudah. Both parties agreed to give investment in Jerusalem bigger attention to give Palestinians economic means to face plans of settlers.

The MoU covered means to enhance cooperation between the Palestinian and Jordanian private sectors and exchange information on the economic sectors in both countries. It also included cooperation in the organisation of conferences, seminars, trade and industrial exhibitions, and plans for the formation of a technical follow-up committee to monitor and evaluate joint projects and activities.