Jordan's Minister Saqqaf Welcomes US Delegation for Investment Talks

Jordan's Minister of Investment, Kholoud Saqqaf, recently welcomed a delegation of top executives and representatives from leading American companies to discuss potential investment opportunities in Jordan. The visit aimed to strengthen economic ties between the two countries and explore avenues for collaboration.

The delegation, organized by the Business Council for International Understanding, is engaging with Jordanian ministries and various public and private sector entities to explore investment prospects. Saqqaf highlighted Jordan's robust network of trade agreements, enabling Jordanian exports to reach new markets and a vast consumer base of over 1.5 billion globally.

Emphasizing the significance of the free trade agreement between Jordan and the US, Saqqaf outlined key reforms in Jordan's investment landscape, including the investment environment law, public-private partnership projects, and targeted investment promotion strategies. These initiatives aim to attract new investments, particularly from the American market, and boost trade volume.

Furthermore, Saqqaf underscored the positive economic indicators in Jordan, such as satisfactory growth rates, low inflation levels compared to regional peers, and strong foreign currency reserves. The recent credit rating upgrade by Moody's to BA3 with a stable outlook further enhances Jordan's attractiveness as an investment destination.

Encouraging American businesses to consider investing in Jordan, Saqqaf assured the delegation of a supportive business environment in the country. She highlighted the investment opportunities available through the Invest in Jordan platform and reiterated Jordan's commitment to fostering a conducive environment for business and investment.

The visit by the US delegation signifies a step towards deeper economic cooperation between Jordan and the US. The discussions and engagements between the two parties aim to not only enhance bilateral trade relations but also promote mutual growth and prosperity.