Türkiye and Jordan Sign Joint Economic Commission Agreement

Türkiye and Jordan signed a memorandum of understanding during the Türkiye-Jordan Joint Economic Commission (JEC) meeting in Amman, which was attended by the trade ministers of both countries.

Turkish Trade Minister Omer Bolat said at the event that the JEC meeting marks a watershed moment in the two countries' bilateral relations in trade, investments, infrastructure, contracting, agriculture, health, culture, tourism, and other fields, with the signing of the first joint economic commission, The Caspian Post reports citing Anadolu agency.

Bolat pointed out that during bilateral meetings, both the Turkish and Jordanian sides agreed to develop new projects and programs for cooperation in key areas.

Turkish and Jordanian businesspeople, as well as the Foreign Economic Relations Board (DEIK), held a roundtable meeting as a part of Bolat’s visit, while the business communities of the two countries will come together for a forum sometime in the future.

“We will sign many agreements on cooperation in free zones, small and medium-sized enterprises (SMEs), organized industrial zones, standardization, education, health and scientific research, and agriculture,” he said.

The Turkish-Jordan trade volume reached nearly $1.5 billion between January and September, indicating rapidly growing trade relations based on a win-win approach, he added.

He noted that Türkiye and Jordan, as well as their respective private sectors, support cooperating on the reconstruction of Syria, the Gaza Strip, and the West Bank.

Bolat said the historic transportation corridor between Syria and Jordan would boost transport and trade from Europe to the Gulf via Türkiye, Syria, and Jordan, and then back to Europe.