AMMAN — Jordan has many investment opportunities to offer in many economic sectors, such as the ICT, water, renewable energy, transportation and vocational education and training, Jordanian Businessmen Association (JBA) Vice President Thabit Taher said on Thursday.
At a meeting with Singaporean Ambassador to Jordan Shamsher Zaman, Taher said JBA signed a memorandum of understanding with the Singaporean union of industries in 1996, and Jordan signed a free trade agreement (FTA) with Singapore in 2004; yet the commercial exchange volume is still low, according to a JBA statement.
The Asian country represents a gateway for the Kingdom to penetrate eastern Asia, and Jordan has the potential to be a base for Singaporean products to reach Arab, US, European and Canadian markets without customs fees, thanks to FTAs Jordan has signed with these countries.
Zaman expressed his country's keenness to expand bilateral relations, noting he would follow up on exchanging visits by businessmen in both countries to boost the commercial exchange volume, the statement added.
