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Jordan, Tunisia to organize joint economic activities

Jordan, Tunisia to organize joint economic activities

AMMAN: Jordan and Tunisia’s commerce and industry chambers agreed to organize and hold joint economic activities. The agreement was reached during the Jordanian Tunisian Business Forum, which was held on Tuesday in Tunis. Jordan will organize the event yearly in May while it will be held in Tunis in September.

Participants during the forum, which was opened by Tunisian Commerce Minister Mohsen Hassan, recommended that new mechanisms for the electronic information exchange be adopted, and that direct marine shipping and air lines between the two countries be established .

The gathering, which was organized on the sidelines of the Jordanian economic delegation visit to Tunisian capital, also called for activating the Aghadir Agreement, and holding regular meetings.

The Aghadir agreement was signed by Egypt, Morocco along with Jordan and Tunisia in 2004 to increase commercial exchange among the four countries from one side, and with the European Union (EU) from the other.

The Aghadir agreement went into effect in 2006 following the completion of the certification procedures in the four countries, and it was first implemented in March 2007 after customs departments received notices of its implementation. The agreement entered into force in 2006 after ratification procedures in the four countries were completed, while the actual implementation of the agreement started at the end of March 2007.

The forum also called for drawing up an action plan to boost Arab economic ties. The Jordanian- Tunisian trade, economic and investment cooperation will offer an ideal example for this. The Kingdom’s exports to Tunisia stood at around JD12 million during the past 11 months of 2015 whereas imports stood at JD5.4 million.