ISRAEL, JORDAN AGREED TO “STRENGTHEN ECONOMIC TIES BETWEEN THE TWO COUNTRIES”

Wed 03 November 2021:

Israeli and Jordanian ministers met in Jordan on Wednesday to discuss strengthening bilateral economic ties, according to a statement from Israel’s foreign ministry.

According to the statement, Orna Barbivai, Israel’s Economy Minister, and Yousef Al Shamali, Jordan’s Minister of Industry and Trade, agreed to “strengthen economic ties between the two countries” during the rare meeting.

The ministers talked about a possible upgrade to their bilateral trade agreement as well as the expansion of cross-border tourism.

“Israel hopes that the deal will strengthen the Jordanian economy and contribute to the continued growth of the kingdom. In addition, the agreement emphasizes the importance that Israel attributes to the promotion and development of the economies in the region and to the encouragement of regional trade,” the Israeli ministry said.

They inked an agreement to extend Jordan’s exports to the Israeli-occupied West Bank, under which Jordan could send the Palestinian Authority cement and construction products, rugs, garments, electronics, and other things.

Barbivai said Israel wishes to strengthen its ties with Jordan. “The trade benefits agreed today are an important step in strengthening diplomatic relations between the two countries,” she said in the statement.

Senior Israeli and Jordanian officials met for the first time in ten years to discuss trade collaboration, according to the ministry.

In 1994, Jordan, which shares a border with Israel, established diplomatic relations with the Jewish state.

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