Amman, June 6 (Petra) – First Vice Chairman of Amman Chamber of Commerce (ACC), Nabil Khatib, called for building upon the "distinguished" political relations between Jordan and Ethiopia to enhance bilateral economic, trade, and investment cooperation.
During his meeting with Baye Habtamu, Economic and Commercial Advisor at Ethiopian Embassy in Abu Dhabi, Khatib stated the volume of mutual trade remains "below expectations, despite promising opportunities in numerous" economic sectors.
Khatib stressed the need to intensify efforts to increase bilateral trade and expand areas of joint cooperation.
According to an ACC statement on Saturday, Khatib called for strengthening the exchange of economic and trade information and establishing a Jordanian-Ethiopian Business Council to coordinate efforts between business owners and investors and support the establishment of joint projects and partnerships.
He noted the chamber's readiness to cooperate in organizing virtual meetings and exchanging trade delegations, which would facilitate efforts to identify available investment opportunities and open new markets for Jordanian and Ethiopian products.
He underscored importance of strengthening cooperation in the tourism sector and leveraging the direct flight route between the two countries.
In turn, Habtamu affirmed his country's interest in enhancing economic relations with Jordan and removing any obstacles hindering trade and investment cooperation.
Habtamu noted Jordan enjoys an "attractive investment environment and stability" that encourage development of broader economic partnerships between the two countries' private sectors.
He added that Ethiopia is one of the fastest-growing economies in Africa and offers diverse investment opportunities, particularly in the agricultural and manufacturing sectors, as well as possessing a sophisticated transportation and logistics system.
He called for increased exchange of trade delegations between the two countries, underlining the Ethiopian side's readiness to provide the chamber with information on investment law, the investment environment, and export opportunities.
He said this effort would help in exchanging reciprocal economic delegations between Amman and Addis Ababa in the coming period.
//Petra// AG
