Jordanian-Saudi Business Council Calls for Joint Economic Action Plan

Amman, Aug. 30 (Petra) – The Jordanian-Saudi Joint Business Council
called Sunday for a joint economic action plan focused on concrete
projects, investment opportunities and stronger supply-chain
resilience amid growing regional and global economic challenges.

At the third joint meeting of the Saudi-Jordanian Business Council in
Amman, Chair of the Jordan Chamber of Commerce and head of the
Jordanian side of the council, Senator Khalil Haj Tawfiq, said the
plan should set clear objectives, responsibilities, implementation
timelines and measurable indicators.

He stressed the need to move beyond increasing bilateral trade and
deepen economic integration by combining Jordanian expertise, human
capital and access to international markets with Saudi Arabia’s
investment capacity and Vision 2030 projects.

Haj Tawfiq called for Jordanian and Saudi companies to form alliances
to implement projects in Iraq, Syria and other regional markets,
while developing joint supply chains in strategic sectors including
food, medicine and logistics.

He also proposed establishing a joint system to strengthen
supply-chain security and resilience, including information-sharing
on shipping and container movements, early warning mechanisms,
alternative trade routes and rapid coordination among ports, customs
authorities, transport and shipping companies, and importers in both
countries.

For his part, head of the Saudi side of the council, Abdulrahman
Thubaiti, said economic relations between Saudi Arabia and Jordan are
developing significantly, with mutual investments and new companies,
particularly in the pharmaceutical sector, reflecting growing
private-sector confidence in both markets.

He called for the council’s sectoral committees to focus on
translating recommendations into projects and helping businesses
address operational challenges, while strengthening coordination
between investors and government entities.

Thubaiti said the council plans to organize a Saudi-Jordanian
Investment Forum and accompanying exhibition in Saudi Arabia next
year, alongside the fourth council meeting, to showcase investment
opportunities and promote partnerships in priority sectors.

He also highlighted opportunities for cooperation in regional
reconstruction and development projects, particularly in contracting,
logistics, health, food, technology and finance.

The Saudi official commended measures taken by the Jordanian
government to maintain the continuity of business, supply chains and
trade amid regional challenges, stressing the importance of stronger
public-private sector cooperation to enhance economic resilience.

//Petra// AJ