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Turkish Minister of Trade: We are ready to increase Jordanian exports to Turkish market

October 16, 2018 at 2:05 am

President of Turkey, Recep Tayyip Erdogan (L) is welcomed by Abdullah II of Jordan (R) in Amman, Jordan on 21 August 2017 [Kayhan Özer/Anadolu Agency]

Prime Minister of Jordan, Dr Omar Razzaz, has met on Monday with the Turkish Minister of Trade Ruhsar Pekcan with the presence of Jordanian Deputy Prime Minister and Minister of State Dr Rajai Muasher, Minister of Industry, Trade and Supply, Dr Tariq Hammouri, as well as Turkish Ambassador to Jordan Murat Karagoz.

The Prime Minister discussed with Turkish Trade Minister the means of boosting economic, trade and investment relations between the two countries.

The meeting also addressed the Jordanian-Turkish Free Trade Agreement, which the Council of Ministers had previously decided to suspend, as the Prime Minister discussed with the Turkish Minister the ways to reach an agreement on a firm basis that would fulfil the common interests of both sides in a balanced way.

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The Prime Minister pointed out that the free trade agreements Jordan have signed with many countries take into consideration the equilibrium of trade balance, protect the local product, provide technical support and attract investments. He pointed out that the Jordanian-Turkish Free Trade Agreement would currently focus on the commercial side only. This has imposed enormous challenges on the national industries amid the regional conditions and the lack of competitiveness.

The Turkish Minister of Trade stressed the Turkish government’s readiness to provide greater opportunities to increase Jordanian exports to the Turkish market.

The Turkish Prime Minister and Turkish Trade Minister expressed their hope that the reopening of the Jordanian-Syrian Jabir Nasib Border Crossing would increase the level of trade exchange between the two countries.

The Turkish ministers equally stressed the importance of increasing cooperation and coordination between the private sector in both countries to increase investments and explore opportunities and areas of collaboration between them.