Amman, July 26 (Petra) -- Jordan and Saudi Arabia should move beyond expanding trade volumes toward "full" economic integration, Amman Chamber of Commerce (ACC) Chairman Khalil Hajj Tawfiq said.
Hajj Tawfiq made the remarks during a meeting with Saudi Ambassador to Jordan Prince Mansour bin Khalid bin Farhan Al Saud at the chamber's headquarters, according to a chamber statement issued Sunday.
In a meeting attended by ACC board members,Hajj Tawfiq said the "depth of political, historical and economic Jordanian-Saudi ties positions the two kingdoms to advance to a "more mature" stage of relations grounded in economic integration.
He said the private sector hopes this integration model can serve as a foundation for strengthening Arab economic unity in the future.
The ambition should not stop at raising trade exchange figures, he said, but extend to building long-term production and investment partnerships, deepening ties between the business communities of both countries, and capitalizing on available opportunities to achieve genuine economic integration.
He said the chamber has translated this vision into concrete steps through the Jordanian-Saudi Business Network, expanded cooperation with the Riyadh Chamber of Commerce, and the activation of the Jordanian-Saudi Joint Business Council.
For his part, the Saudi ambassador said Jordan and Saudi Arabia are bound by close relations with historical roots across multiple sectors.
He said the bilateral economic relations is built on integration rather than competition, adding that current trade volumes are "growing steadily," but should be doubled, given the resources and opportunities both countries possess.
The ambassador said Jordan and Saudi Arabia share "numerous common" ground through Saudi Vision 2030 and Jordan's Economic Modernization Vision.
He expressed hope the two sides continuously update mutual economic data and work to remove obstacles impeding cooperation.
The ambassador was briefed on the Jordanian-Saudi Business Network and its development since the initiative launched in July 2025 with 286 businesspeople and executives.
The network later launched an online platform ahead its official Riyadh launch in January 2026, which coincided with the signing of a cooperation agreement between the Amman and Riyadh chambers of commerce.
That agreement fearured steps to establish a database of businesspeople and professionals, forming sector committees, and strengthening direct networking between companies and investors in both countries.
//Petra// NQ
