JIEC, EuroCham-Jordan Sign MoU to Support Access to European Markets

Amman, Sept. 10 (Petra) — The Jordan Industrial Estates Company
(JIEC) and the European Chamber of Commerce in Jordan
(EuroCham-Jordan) have signed a memorandum of understanding (MoU)
aimed at establishing cooperation to support investors and industrial
companies operating in the Kingdom’s industrial cities and improve
opportunities for their products to reach European markets.

According to a company statement issued Thursday, the MoU provides
for cooperation in supporting and preparing Jordanian industries to
comply with European legislation and standards, strengthening their
readiness for exports and their ability to compete in international
markets.

The agreement also covers the exchange of expertise and knowledge,
promotion of available investment opportunities, and the development
of partnerships that serve the industrial sector and support the
investment environment in Jordan.

JIEC Director General Oday Obeidat said the MoU comes as part of
efforts to support the competitiveness of Jordan’s industrial sector
by facilitating access for products of companies and factories
operating in the industrial cities to European markets.

He said the agreement would also help open new channels for
cooperation and partnerships with European companies and investors,
creating opportunities for expansion and growth and contributing to
increased Jordanian exports.

Obeidat commended the Chamber’s efforts to strengthen partnerships
with various entities in support of Jordan’s investment environment,
while enabling the industrial sector and enhancing its
competitiveness.

Chairman of EuroCham-Jordan Mohammad Samadi stressed the importance
of the partnership in promoting Jordanian products in European
markets and highlighting the advantages and services provided by
Jordan’s industrial cities to investors and industrialists.

//Petra//WH