Amman, Jan. 20 (Petra) - Members of the Board of Directors of the Amman Chamber of Commerce (ACC) discussed with Jordan’s Ambassador to the Kingdom of Saudi Arabia, Haitham Abu Al-Foul, at the Jordanian Embassy in Riyadh on Tuesday, ways to enhance economic, trade, and investment cooperation between the two brotherly countries and to support joint private-sector initiatives.

Chamber President Khalil Al-Haj Tawfiq stressed during the meeting the importance of building on the deep-rooted fraternal relations between the Hashemite Kingdom of Jordan and the Kingdom of Saudi Arabia and the need to develop institutional mechanisms of work between private-sector institutions in both countries in a manner that contributes to expanding the volume of trade exchange and increasing joint investments.

Al-Haj Tawfiq expressed his great appreciation for the role played by the Jordanian Embassy in Riyadh and the distinguished efforts exerted by Ambassador Abu Al-Foul and all embassy staff, affirming that the Amman Chamber of Commerce and the Jordanian private sector have begun to clearly perceive the impact of modern Jordanian economic diplomacy in supporting businesspeople and opening doors to quality partnerships and investments.

He said the chamber’s delegation visit to Riyadh is "historic by all standards," given the multiple and interconnected economic files it includes, whether at the level of the Amman Chamber of Commerce and the Jordan Chamber of Commerce, or through the joint Jordanian–Saudi Business Council, business forums, and expanded meetings with Saudi government officials and economic institutions, reflecting the seriousness of the orientation toward building a practical and sustainable strategic partnership between the two sides.

During the meeting, attended by Vice Presidents Nabil Al-Khatib and Bahjat Hamdan, Board Secretary Mohammad Tahboub and Board Member Falah Al-Saghir, he noted that the Amman Chamber of Commerce attaches particular importance to activating economic partnerships with the Saudi side, opening direct channels of communication between business owners, and providing information and support services to Jordanian companies seeking to enter or expand in the Saudi market.

He pointed out that the launch of the Jordanian–Saudi Business Network, scheduled to be officially announced Tuesday evening in Riyadh, constitutes a practical step in this direction by providing an organized framework for networking between companies and investors, exchanging information on investment opportunities, legislation and incentives, and enhancing the integration of supply chains between the two sides.

For his part, Ambassador Abu Al-Foul affirmed that the Jordanian Embassy in Riyadh, under official directives, places all its capabilities at the service of supporting joint economic initiatives between the two countries and enhancing the role of the private sector as a key partner in economic development.

He pointed to the importance of benefiting from Jordanian competencies working in Saudi Arabia as a strategic national asset that contributes to transferring expertise, building partnerships and expanding the network of economic and investment relations.

Ambassador Abu Al-Foul also stressed the importance of signing the memorandum of understanding expected later Tuesday between the Amman Chamber of Commerce and the Riyadh Chamber of Commerce, given the pivotal role of both chambers in opening wider horizons for Jordanian and Saudi companies to enter into sustainable investment and trade partnerships.

In turn, members of the chamber’s board expressed their appreciation for the role played by the Jordanian Embassy in Riyadh in supporting the private sector, affirming that the Saudi market constitutes a natural strategic partner for the Jordanian trader.

They noted that the launch of the Jordanian–Saudi Business Network opens new practical horizons for companies in both countries and enhances opportunities for partnership, investment and supply chain integration, positively reflecting on economic growth and job creation.

//Petra// AF