Jordanian-Turkish Business Council convenes in Istanbul
16/08/2021
The joint Jordanian-Turkish Business Council Monday convened a meeting of the Jordanian Businessmen Association (JBA) and the Foreign Economic Relations Board of Turkey (DEIK).
The JBA said in a press release that the council, which brought together businessmen and investors from the two countries, went over a host of issues and ways and means of enhancing economic and trade ties between the two sides during the next period, and familiarizing with investment opportunities in the two countries.
JBA President Hamdi Al-Tabbaa said that the Jordanian-Turkish Business Council, which was established in 1994, is an effective and robust body that the association is keen to see as a bridge between the business community in the two countries.
He said that holding the council meeting is a reaffirmation of the two sides' keenness on boosting investment, trade and economic relations "in a manner that is consistent with the interests of the two friendly countries."
Tabbaa said that despite the adverse economic repercussions of the Covid-19 pandemic in the various aspects and at all levels, especially the economic side, Jordan was able to maintain a stable investment environment and its status on the global investment map as a safe destination for business, a country with monetary, political and security stability and a business-friendly environment that is open to the various countries of the world.
Jordan, he said, is a gateway to neighbouring markets, which can be exploited through a focus on the export advantages offered by the two countries towards forging a strategic partnership and elevating the level of relations in the near future.
For his part, Jordanian-Turkish Business Council Chairman Faruk Akbal told the opening session that Turkey attaches great importance to closer economic and trade ties with Jordan, outlining DEIK's goals and its role in regulating the Turkish private sector and raising Turkish exports.
He called for investing in the available opportunities to develop bilateral relations and benefit from agreements to prevent double taxation and protect investments and capital, pointing to the diverse industries for business, such as the auto industry and spare parts, energy, infrastructure, agriculture and services.