King attends opening session of Jordan-United Kingdom Business Forum

London, July 23 (Petra) – His Majesty King Abdullah II on Thursday
attended the opening session of the Jordan-United Kingdom Business
Forum in London, which was attended by business leaders and
representatives of various sectors from both countries.

The forum, which brings together more than 40 Jordanian and 60
British companies representing a wide range of sectors, aims to
explore opportunities for expanding cooperation across various
commercial, industrial, and service sectors, and to highlight
Jordan’s investment opportunities and advantages in order to help
boost the volume of trade and establish long-term strategic
commercial and industrial partnerships between Jordanian and British
companies.

Addressing the opening session, Minister of Industry, Trade, and
Supply Yarub Qudah positioned Jordan as a reliable destination for
investment, highlighting the Jordanian economy’s steady growth and
resilience despite regional challenges, crediting the Kingdom’s
stable fiscal policies and diverse free trade agreements.

Minister of Investment Tareq Abu Ghazaleh showcased Jordan’s robust
economic indicators and favourable business environment, emphasising
the investment incentives offered in development and industrial
zones, where cumulative investments have reached 9.1 billion dollars.

Abu Ghazaleh also highlighted investment opportunities across various
sectors including infrastructure and transport, sustainable energy,
food processing, fertilisers and chemicals, mining,
telecommunications, and information technology.

President of the Jordan and Amman Chambers of Industry Fathi Jaghbir
underscored the need to upgrade Jordan-UK economic relations to a
comprehensive economic partnership, to develop strategic relations,
drive added value, and boost the competitiveness of priority sectors
in both countries.

For his part, London Chamber of Commerce and Industry President
Michael Mainelli acknowledged the strong competitiveness of Jordanian
industries, noting that the forum serves as an important platform for
UK and Jordanian private sector representatives to pursue new trade
collaborations and build partnerships that maximise the advantages of
Jordan’s industrial sector.

Minister of State in the Foreign, Commonwealth and Development Office
Stephen Doughty said in his remarks that the governments of both
countries are committed to eliminating hurdles facing Jordanian and
British private-sector companies and organisations to enable them to
build successful, multi-sector partnerships, emphasising the
importance of strengthening UK-Jordan cooperation.

The opening session was attended by Director of the Office of His
Majesty Alaa Batayneh, Jordan’s Ambassador to the UK Manar Dabbas,
and representatives of Jordanian and British companies operating in a
variety of sectors.

//Petra// HA