AMMAN — Chairman of Jordan and Amman Chambers of Industry Fathi Jaghbir and Head of the Palestinian Federation of Industries (PFI) Nassar Nassar on Saturday discussed ways to advance joint economic integration and cooperation.

 

According to a statement issued on Saturday, the two sides agreed on the necessity of "serious and real" work to establish the one-market principle, which contributes to enhancing the "competitiveness" of Jordanian and Palestinian products in both markets, by providing all logistical facilitations, streamlining procedures, and removing obstacles, the Jordan News Agency, Petra, reported.

 

The two sides also stressed the importance of facilitating the reciprocal movement of goods directly, based on the door-to-door system, calling for ending the current mechanism, which impedes commodity flow and raises the cost of products on the final consumer.

 

They also called for raising the quality of products, manufactured in the two countries to contribute to enhance their competitiveness against imported items in the Jordanian and Palestinian markets, and make efforts to jointly target regional and global markets.

 

Jaghbir and Nassar also noted the importance of implementing mutual recognition between the two countries' standards and metrology institutions, which contributes to the "easy" flow of goods reciprocally without obstruction or delay.

 

The statement said the two parties agreed to hold a "close and expanded" meeting with all the two countries' economic stakeholders to discuss all the details and develop a road map to achieve economic integration, Petra added.

 

This step aims to replace industrial products in both countries, which would contribute to expanding the industrial production base, opening new production projects, providing tens of thousands of job opportunities and contributing to raising the mutual economic level, the statement said.