Amman, April 17 (Petra) – President of the Jordan Chamber of Commerce, Khalil Haj Tawfiq, and Chairman of the Federation of Saudi Chambers, Hassan Alhwaizy, met in Riyadh to explore mechanisms for enhancing economic cooperation between Jordan and Saudi Arabia and advancing bilateral trade and investment ties.

Tawfiq emphasized the strong and strategic relationship between the two countries, highlighting the importance of intensifying private sector efforts to boost trade exchange and develop strategic partnerships. He underscored the role of chambers of commerce in deepening economic cooperation, especially in light of global challenges and shifting economic blocs.

As head of the Jordanian side of the Saudi-Jordanian Joint Business Council, Tawfiq called for activating the council’s role and implementing the recommendations made during its recent meeting in Amman.

Alhwaizy expressed the Saudi private sector’s interest in expanding investments in Jordan, citing the Kingdom’s strategic and logistical advantages. He announced plans to lead a large delegation of Saudi businessmen to Jordan next month, with intentions to establish major warehouse facilities in Jordanian free zones to serve as export hubs for Saudi products to neighboring markets.

He also stressed the importance of holding the Joint Business Council meetings at least twice a year to foster continuous dialogue, business collaboration, and cross-sector partnerships.

Jordan’s Ambassador to Saudi Arabia, Haitham Abul Foul, reaffirmed the embassy’s commitment to facilitating Saudi investment in Jordan and praised the productive ties with the Federation of Saudi Chambers.

Separately, Tawfiq met with Abdullah Obaikan, President of the Riyadh Chamber of Commerce, to discuss strengthening relations between the Amman and Riyadh chambers. Tawfiq highlighted Jordan’s Economic Modernization Vision, a nationally endorsed roadmap aimed at driving growth, attracting investment, and generating one million jobs over the coming years.

Obaikan noted the progress of the Saudi business environment under Vision 2030, citing notable growth, major projects, and enhanced prosperity.

The two parties agreed to sign a twinning agreement between the Amman and Riyadh chambers to deepen cooperation, promote digital transformation, and foster collaboration between their respective general assemblies. Tawfiq also extended an invitation to Obaikan and the Riyadh Chamber board to visit Jordan and explore investment opportunities.

//Petra// AO

17/04/2025 13:52:23