Tag: Trade

The US State Department's Special Representative for Commercial and Business Affairs Ziad Haider

Bringing Business to Jordan

A senior US trade official says American companies can play a crucial role in the Kingdom’s economic development. By Dina al Wakeel Last month, The US State Department’s Special Representative for Commercial and Business Affairs, Ziad Haider, headed a major…

refugee crisis

No Rule of Law, No FDI

Without striving for an independent and transparent legal system, Jordan will struggle to attract desperately needed FDI. “We cannot achieve sustainable development, empower our creative youth or successfully execute our development plans unless we develop state administration and enhance the…

New Trade Deal to Boost Exports to EU

Jordanian exports to Europe are expected to rise following a newly-inked deal that relaxes rules of origin requirements. A new trade agreement between Jordan and the EU, which is based around relaxed rules of origin rules, will enable industries in…

Jordanian Truck Drivers

Border Closures Costing Jordanian Truckers Millions

Jordanian truck drivers have lost approximately JD600 million over the past five years due to the closure of borders with Iraq and Syria, the Jordanian Truck Owners Association said. The association’s president, Mohammad al Dawood, said overland journeys by truck…

Jordanian Exports: Rules of Origin Agreement with the EU

Jordanian Exports Granted Preferential Access to EU

The European Union last month agreed to grant Jordanian exports preferential access to the world’s richest trading bloc in a deal designed to ease the impact of the Syrian refugee crisis. “This agreement will make it easier for Jordan to…

ARTICLE 50

Venture Explains: Article 50

What is it? Article 50 of the Lisbon treaty outlines exactly how an EU member can voluntarily leave the 28-nation bloc. “Any member state may decide to withdraw from the union in accordance with its own constitutional requirements,” the article…

jobs wanted

Job Growth Down 26 Percent in H1 2015

Seventeen thousand jobs were created in Jordan in the first half of 2015, a fall of 26 percent on the same period the previous year. The Department of Statistics said the private sector added nearly 10,000 new jobs during that…

The Future of the FTA

Washington’s chief economic diplomat in Amman believes the 2000 Free Trade Agreement can be expanded to offer even more support to Jordanian companies. By Dina Al-Wakeel The United States is easily one of Jordan’s most important economic partners. At the…

Agriculture Primed for Turnaround

Jordanian farmers are set to benefit from new export routes and a drive to incorporate thousands of Syrian refugees into the domestic workforce. Oxford Business Group Despite high domestic production, food exports continue to be hampered by the closure of…

BREXIT

Venture Explains: Brexit

What is it? This summer, Britain is set to hold a referendum on whether to exit—or Brexit—the European Union. Why is a referendum taking place? Britain last voted in 1975 on whether it wanted to remain part of the EU,…