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Jordan, India discuss trade cooperation

Amman, Feb. 14 (Petra)- The head of the Jordan Chamber of Commerce, Na'el Al-Kabariti, on Wednesday discussed with the Indian Ambassador to Jordan, Shubhdarachini Tripathi, ways to foster bilateral trade and investment relations at the level of private sector institutions.

During the meeting, Al-Kabariti said bilateral ties are "distinguished and rooted" in the various fields, especially in the economic domain, and added India is a crucial trading partner of the Kingdom.

Al-Kabariti stressed the desire of the Jordanian private sector to strengthen ties with its Indian counterpart, to schedule visits of delegations and to benefit from the mutual agreements signed to expand the bulk of goods exchanged.

He said the Jordanian-Indian business forum is slated to be held in the Indian capital later this month.

"I share a similar view with the Indian private sector to launch trade and investment partnerships and to revive the signed accords to increase the Kingdom's exports to the Indian market," he added.

Commenting on India's strengths, the Indian economy has become one of the most important world economies, Indian goods are competing robustly at world markets and New Delhi turned a key player in the international trade system, he pointed out.

In turn, the Indian envoy expressed her appreciation for the efforts of His Majesty King Abdullah II to boost and support bilateral ties, and lauded the noted attention the recent visit of the Indian prime minister to Amman drew.

Tripathi also praised efforts of the Jordanian private sector, represented by the Jordan Chamber of Commerce, to forge closer relations with the Indian private sector institutions and to give fresh momentum to the economic relations between the two countries.

The Kingdom's exports to India during the 11 months of last year amounted to 337 million dinars compared to 330 million dinars imports.

Jordan exports to India cover metal products, chemical industries, machinery and equipment, while it imports mineral and food products, chemical industries, machinery and equipment, metals, and textile materials.
 
Petra News Agency 
February 14, 2018