Memorandum of Understanding to Enhance Access of Jordanian Products to European Markets
Amman2 min read
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The Jordan Industrial Estates Company (JIEC) has signed a memorandum of understanding (MoU) with the European Chamber of Commerce in Jordan, aiming to build a strategic cooperation that contributes to supporting investors and industrial companies operating within Jordanian industrial estates and enhancing the opportunities for their products to reach European markets.
According to a statement by the company on Thursday, the MoU includes cooperation in supporting and qualifying Jordanian industries to comply with European legislation and standards, which enhances their export readiness and supports their ability to compete in global markets, in addition to exchanging expertise and knowledge, promoting available investment opportunities, and building effective partnerships that benefit the industrial sector and support the investment environment in the Kingdom.
In turn, the company's Director General, Omar Jwaid, stated that the MoU comes in the context of supporting the competitiveness of the Jordanian industrial sector by working to facilitate the access of products from companies and factories located in industrial estates to European markets, and opening new channels for cooperation and partnerships with European companies and investors, providing prospects for expansion, growth, and increasing Jordanian exports. He valued the Chamber's efforts in strengthening partnership frameworks with various entities to serve the investment environment in the Kingdom, empower the industrial sector, and increase its competitiveness.
For his part, the Chamber's Chairman, Engineer Mohammad Al-Samadi, emphasized the importance of this partnership in promoting Jordanian products in European markets and highlighting the advantages and services provided by Jordanian industrial estates to investors and industrialists.