AMMAN, Aug. 15 (Petra) The Jordan-Saudi Business Council is set to
hold a high-level meeting in Amman later this month, hosted by the
Jordan Chamber of Commerce, with active participation from business
leaders, investors, and economic sector representatives from both
nations.

The upcoming gathering serves as a follow-up to the council’s
previous meeting held in Riyadh last January, aiming to translate
strategic recommendations and emerging opportunities into actionable,
executable projects and partnerships.

According to a statement released by the Jordan Chamber of Commerce
on Saturday, the Amman sessions will review the progress of the
council’s specialized sectoral committees, evaluate the
implementation of prior agreed-upon initiatives, and address existing
hurdles facing bilateral trade and investment development.

Discussions will center on key economic sectors, including trade and
investment, industry and energy, agriculture and food security,
health and pharmaceuticals, transport and logistics, and information
technology and digital commerce, with the ultimate objective of
establishing concrete, joint initiatives for the upcoming phase.

Senator Khalil Al-Hajj Toufic, President of the Jordan Chamber of
Commerce and head of the Jordanian side of the council, emphasized
that Saudi Arabia remains a strategic economic and investment partner
for Jordan. He noted that bilateral relations are anchored in deep
historical ties, mutual economic interests, and expansive
private-sector-led opportunities.

Al-Hajj Toufic reported that bilateral trade volume reached 4.18
billion dinars last year, with Jordanian exports accounting for
approximately 1.23 billion dinars, cementing Saudi Arabia’s position
as Jordan’s top Arab trading partner.

Furthermore, investment ties form a core pillar of the bilateral
partnership, with Saudi investments in Jordan valued at approximately
16 billion dollars, alongside Jordanian investments in Saudi Arabia
approaching 8 billion dollars.

Describing the upcoming council meeting as a pivotal milestone,
Al-Hajj Toufic stressed the shift from broad recommendations to
practical execution, focusing on clear priorities, actionable
frameworks, and defined timelines. He added that the recent reopening
of the council’s office at the Jordan Chamber of Commerce has
strengthened institutional operations, establishing a permanent
channel for the business communities to monitor projects and resolve
operational challenges.

Established in 1997, the council serves as an institutional framework
to advance economic, commercial, and investment ties, empower private
sector partnerships, encourage joint ventures, and streamline
cross-border trade.

//Petra// AA