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Jordan-India to expand trade, investments

By JT - Feb 22,2018 - Last updated at Feb 22,2018

AMMAN — More than 300 Jordanian and Indian businessmen and investors are scheduled to discuss business opportunities at a forum that will be held next week in the Indian capital, New Delhi, according to the Jordan News Agency, Petra. 

The business forum, which will focus on boosting investments, commercial relations, and partnerships between the two countries, is held on the sidelines of a four-day visit by a Jordanian delegation to India.

The forum is organised by the Jordan Chamber of Commerce and the Jordan Investment Commission, in cooperation with the Federation of Indian Chambers of Commerce and Industry (FICCI), will commence on Tuesday, Petra indicated.

The Jordanian visiting delegation comprises economy and business representatives from the country’s private and public business entities. 

According to Muhannad Shehadeh, the country’s minister of state for investment affairs, the Jordanian delegation will work to promote the Kingdom as an investment hub. Moreover, the delegation will pay special attention to promoting the country’s religious tourism. 

The visit will provide a platform for the two sides to discuss ways to increase the joint commercial exchange volume, Petra added.

Business meetings will also be held in India’s tech hub Bangalore, thus constituting a good opportunity for Jordanian companies, including start ups, to benefit from the Indian expertise in the field of technology, according to Shehadeh. 

Senator Nael Kabariti, who heads the Jordan Chamber of Commerce, said the visit provides a good opportunity for local companies to get acquainted with the needs of the Indian markets.  Moreover, Jordan is working to draw more Indian investments to the country, he noted. 

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