Jordan, Singapore ink deal to boost trade ties

AMMAN — The Jordan Chamber of Commerce (JCC) and Singapore Trade Unions on Friday signed a deal to enhance trade and investment ties between the two countries. 

JCC President Nael Kabariti and Chairman of Trade Unions Douglas Foo signed the memorandum of understanding on the sidelines of the Jordan-Singapore Business Forum, the Jordan New Agency, Petra, reported. 

Representatives of 25 Jordanian companies and businesspeople from Singapore attended the two-day Jordan-Singapore Business Forum which was held on the sidelines of His Majesty King Abdullah’s visit to Singapore.

Jordan is eager to attract investments through its partnership with the Singapore’s private sector that will enable the Kingdom to enter the Asian market, according to Petra.  

Jordan’s exports to Singapore reached JD4 million in 2018, which mainly included fruits, pharmaceuticals, cosmetic products and tiles.