Jordanian Minister of Industry and Trade Maha Ali praised the strong trade and economic ties between her country and the Kingdom of Saudi Arabia, and explained, on the occasion of the start of preparations for the Saudi-Jordanian Joint Committee meetings beginning tomorrow in Amman, that Saudi investments have added value to the national economy by providing job opportunities for Jordanians and boosting trade between the two countries, with total Saudi investments in Jordan have reached approximately $10 billion across various sectors.
On the sidelines of the coordination meeting of the Saudi-Jordanian Business Council, which began in Amman yesterday, the Jordanian Minister of Commerce described Saudi-Jordanian relations as a unique and living model of strategic integration in all political, social, and economic spheres, noting that the meeting embodies the distinguished relations between the two brotherly countries and the agreements reached at the 14th session of the Jordanian-Saudi Joint Higher Committee, held in Riyadh in 2014.
Maha Ali explained that the Kingdom is Jordan’s leading economic partner, with bilateral trade between the two countries exceeding 5.3 billion in 2014, noting that Jordanian exports to Saudi Arabia accounted for approximately 14 % of Jordan’s total exports, while Jordanian imports from Saudi Arabia accounted for 20 % of total imports from countries the world.
Statistics show that the Kingdom’s exports to Jordan during the past year (January–October) exceeded $2.7 billion, while its imports amounted to approximately $1 billion.
