Amman, Aug 31 (Petra) – Minister of Investment Tariq Abu Ghazaleh met
on Monday with members of the Saudi-Jordanian Business Council to
discuss prospects of economic and investment cooperation and
expanding partnerships between the private sectors of both countries.

The minister cited the deep Jordanian-Saudi relations, noting the
importance of building on them through increased cooperation between
the business communities.

He stressed the need to identify priority sectors, and leverage the
expertise and potentials of the private sectors in both countries to
launch joint ventures and access new markets and opportunities.

Abu Ghazaleh said reconstruction in Syria opens new horizons for
investment and business in the region, noting that Jordan’s strategic
location and economic and logistical capabilities offer a platform
for companies wishing to join in that process.

He stressed the importance of building alliances between Jordanian
and Saudi companies to combine their expertise and capabilities,
enhancing their competitiveness and enabling them to capitalize on
reconstruction projects.

Khalil Al-Haj Tawfiq, Jordan Chamber of Commerce President and
co-chairman of the Saudi-Jordanian Business Council, invited council
members to participate in a Jordanian-European Investment Conference,
in the last quarter of the year, calling it an opportunity to network
with companies and investors and explore new cooperation and
investment scopes.

Abdulrahman Al-Thubaiti, co-chairman of the council, noted the deep
Jordanian-Saudi relations, reiterating a commitment to enhancing
communication between the business communities and explore new
opportunities for cooperation.

The council is holding a series of meetings and discussions in Jordan
this week as part of its efforts to enhance communication between the
business communities of both countries.

//Petra//SS