Tag: Trade

Maersk Launches New Service through Aqaba

Denmark’s Maersk Line, the world’s largest container shipping company, is promising Jordanian companies faster and easier access to global markets with the launch of a new service that directly connects Aqaba to South India and the Western Mediterranean. With its…

A Crisis Costing Billions

The Syrian civil war, coupled with the spread of ISIS, has so far cost countries in the region over $33 billion, according to a World Bank report. The policy research working paper quantifies the direct and indirect economic impact of…

Our Passage to India

As India and Jordan mark 65 years of relations this month, New Delhi’s ambassador to the Kingdom hopes political and economic ties between the two countries will grow even deeper. By Jane Hosking This month marks 65 years since the…

Italy Offers Eco Expertise

Specialist Italian companies are keen to help Jordan deal with its big energy and environmental challenges. By Elisa Oddone Italian Trade Commissioner Alessio Ponz de Leon Pisani said a recent visit by a group of eco-minded Italian firms, aimed to…

Dealing with the Danger

It’s tempting to try to ignore the regional turmoil that’s fast becoming an existential threat to Jordan. But we have to face up to it. Postscript- Osama Al-Sharif We’re hosting over a million Syrians who fled the brutal civil war…

Jordan and the Iraqi Predicament

Editor’s letter Dina al-Wakeel While Jordan has so far thankfully managed to insulate itself from the violence engulfing its neighbors, the Kingdom’s economy has still taken a hit. According to sources, exports to Iraq, Jordan’s number one trading partner, dropped…

Exports

Car Exports Stall

Instability in the region continues to seriously disrupt Jordan’s trade with its neighbors. Exports from Jordan’s free zones to the Iraqi market, which usually accounts for 60 to 65 percent, have plunged to 20 percent since July as IS militants…