Monitoring Desk
AMMAN: Ministers from Algeria and Jordan have agreed on a road map for the advancement of trade, economic, and investment cooperation, the Jordan News Agency reported on Tuesday.
A delegation of officials from Jordan met with Algerian officials to discuss bilateral cooperation in line with the directives of their governments and the results of a visit by King Abdullah II to Algeria in December. The plans include projects to enhance trade exchanges, inter-investment volumes, and cooperation in several sectors.
Jordan’s minister of industry, trade, and supply, Yousef Al-Shamali, said the talks reflected a shared desire to strengthen bilateral relations in various fields to serve common interests.
He emphasized the significance of forming partnerships to address challenges relating to food security, emergencies, supply chains, and global geopolitical factors and highlighted a new air route that will connect the two countries.
He added that a direct flight route between Algeria and Amman would be launched on March 9, with two flights a week by Royal Jordanian Airlines and two flights by Air Algerie.
Algeria, Jordan to establish businessmen council
Officials said that the plan includes establishing the Algerian-Jordanian Businessmen Council, ratifying investment and trade agreements, and meeting between economic experts and business leaders from both countries to discuss potential joint ventures.
The delegates also agreed to accelerate cooperative projects and find new opportunities in priority sectors such as tourism, energy, mining, culture, industry, agriculture, transport, social security, handicrafts, health, labor, and employment.
They arranged meetings of sectoral committees this year and the ninth session of the Jordanian-Algerian Joint Committee in Amman in June. Officials added that collaborative work teams and sector-specific technical committees would be established to find and monitor bilateral cooperation in areas of mutual interest.
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During 2022, Jordanian exports to Algeria were recorded as $93.5 million, an increase of 8.1 percent as compared to 2021. Algeria’s exports to Jordan recorded $138.5 million during the same period, an increase of 52.7 percent compared to 2021.
