Enhancing Economic Cooperation: Jordan and UK Strengthen Bilateral Partnership
The Jordanian-British Partnership Committee, co-chaired by Dana Zoubi and Sarah Mooney, convened its second meeting via videoconference to explore ways to enhance economic and trade cooperation between the two countries, building on the 2019 bilateral partnership agreement. The meeting aimed to maximize the benefits of the agreement's simplified rules of origin and address challenges hindering trade exchange. The two sides reviewed current trade volumes, identified areas for improvement, and discussed strategies for boosting exports and supporting economic growth.
Key Takeaways:
- The meeting highlighted the need to address complex compliance requirements and high export costs that limit the competitiveness of Jordanian goods.
- Jordan's strategy to boost exports includes developing industrial policies, empowering high-value sectors, stimulating the business environment, and enhancing product competitiveness in global markets.
- The UK is providing programs to support Jordan's industrial sector, stimulate exports, and foster a conducive business environment, with a focus on small- and medium-sized enterprises (SMEs), women entrepreneurs, and strategic projects aligned with Jordan's modernization goals.
- The two sides agreed to restructure the agreement's governance framework to strengthen trade and economic ties.
- The launch of the Jordanian-British Business Forum as a platform for private sector partnerships between the two countries is expected to be expedited.
Statistics:
- The 2019 bilateral partnership agreement aimed to enhance economic and trade cooperation between Jordan and the UK.
- The agreement's simplified rules of origin aim to maximize trade exchange benefits.
- The UK has programs to support Jordan's industrial sector, with a focus on SMEs, women entrepreneurs, and strategic projects.
- Jordan's Economic Modernization Vision includes developing industrial policies, empowering high-value sectors, and stimulating the business environment.
- The Jordanian-British Business Forum is expected to be launched to facilitate private sector partnerships between the two countries.
- The two sides aim to strengthen trade and economic ties through the revised governance framework.
Sources:
- Jordan News Agency (Jordan News Agency, 30 Jun 2025)
- Ministry of Industry, Trade and Supply (Jordan News Agency, 30 Jun 2025)