Amman, June 27 (Petra) – Chairman of the European Chamber of
Commerce in Jordan (EuroCham), Mohammed Samadi, said the
“significant” increase in Jordan’s exports to EU nations confirms
“competitiveness” of Jordanian products in global markets.

According to official statistics, the value of Jordanian exports to
EU countries increased by 49.3% during the first third of this year,
reaching JD218 million, compared to JD146 million for the same period
last year.

Samadi, in remarks to (Petra), said these exports are a “positive”
indicator of the success of several modern trends in expanding the
scope of exports, capitalizing on the avialable opportunities in
European diversification.

He added that this growth also confirms efforts of both the Kingdom’s
public and private sectors to “clearly” enhance presence of Jordanian
products in Europe.

He added that this growth reflects “quality” of Jordanian products
and their ability to meet European demand and specifications,
particularly in the industrial, food, pharmaceutical, and chemical
sectors, which possess “promising” opportunities for all their
exports to be delivered to EU countries.

Samadi noted: “The European Union is one of the Kingdom’s key trading
partner and one of the world’s largest trade blocs, making it
difficult to diversify economic and trade relations with this
destination, given the reliance on a limited number of traditional
options.”

He noted the next phase requires strengthening efforts to promote
Jordanian products in these markets and capitalizing on the
transformations occurring in global supply chains.

On future steps, Samadi called for enhancing the partnership between
the public and private sectors to support Jordanian exporters by
streamlining trade procedures, developing logistics services, and
cutting production and export costs.

This effort, he stated, will enable national companies to increase
their “competitiveness” and expand into European markets, which would
“positively” impact the national economy and the balance of foreign
trade, and create more job opportunities for Jordanians.

//Petra// AG