Egypt and Jordan Strengthen Economic Ties through Bilateral Partnership

Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has emphasized the importance of continued economic integration between Egypt and Jordan, citing the direct support of their respective political leaderships. This commitment was reaffirmed during the 33rd session of the Egyptian-Jordanian Joint Higher Committee in Amman, where Al-Mashat met with her Jordanian counterpart, Zeina Toukan. The two ministers discussed joint efforts to achieve economic development, enhance growth and employment policies, and activate an executive program signed between Egypt's Institute of National Planning (INP) and the Jordanian Ministry of Planning and International Cooperation.

Key Takeaways:

  • The 33rd session of the Egyptian-Jordanian Joint Higher Committee focused on strengthening economic ties between the two countries, with a particular emphasis on economic development and growth.
  • Minister Rania Al-Mashat emphasized the critical role of the Joint Higher Committee in supporting joint economic, trade, investment, and cultural relations between Egypt and Jordan.
  • The ministers discussed activating an executive program signed between Egypt's INP and the Jordanian Ministry of Planning and International Cooperation.
  • A Memorandum of Understanding signed in August 2023 covers areas of strategic planning, governance, and competitiveness, highlighting the commitment to joint economic cooperation.
  • The two countries are also cooperating on the implementation of the “Public Governance Review” recommendations, launched in cooperation with the Organisation for Economic Co-operation and Development (OECD).
  • Al-Mashat welcomed the exchange of expertise in development planning and sustainable development, underscoring the importance of joint coordination in international forums.

Statistics:

  • The 33rd session of the Egyptian-Jordanian Joint Higher Committee was held in Amman.
  • The executive program between Egypt's INP and the Jordanian Ministry of Planning and International Cooperation aims to strengthen joint economic ties.
  • The Memorandum of Understanding signed in August 2023 covers areas such as strategic planning, governance, and competitiveness.
  • The “Public Governance Review” was launched in cooperation with the Organisation for Economic Co-operation and Development (OECD).

Sources:

  • Egypt's Institute of National Planning (INP)
  • Egyptian Ministry of Planning, Economic Development, and International Cooperation
  • Jordanian Ministry of Planning and International Cooperation
  • Organisation for Economic Co-operation and Development (OECD)