Jordan seeks stronger economic cooperation with Czech Republic, Austria

AMMAN — Minister of Industry, Trade and Supply Yarub Qudah and his Czech counterpart Jiri Havlicek this week discussed means to increase the volume of joint commercial exchange. 

Discussions also addressed investment opportunities available in the Kingdom, the Jordan News Agency, Petra, reported on Thursday. 

Chairing a Jordanian delegation of the public and private sectors on a visit to the Czech Republic, Qudah met with representatives of small-and medium-sized enterprises (SMEs) and emerging companies and had a firsthand look into the Czech experience in supporting SMEs. 

On the sidelines of the visit, the two countries signed an agreement on economic cooperation and convened a Jordanian-Czech business forum.

Qudah indicated that Jordan succeeded in turning economic and social challenges into investment opportunities, especially after the agreement reached between the country and the European Union on the simplified rules of origin.

He also highlighted economy-related legislation that aims at ensuring a broader engagement by the private sector in the economic development process and improving the country’s investment climate.

The delegates also visited Austria. During the visit, Qudah met with Austrian Vice-Chancellor Reinhold Mitterlehner and discussed means to strengthen economic ties between Jordan and Austria, according to Petra.