The Jordanian Businessmen Association (JBA) Thursday discussed with Greek Ambassador Eleftheria Galathianaki means of strengthening economic relations and investment opportunities in promising sectors and linking the business communities in the two countries.


According to a JBA statement, the association's President Hamdi Tabbaa underscored the business community's commitment to promoting investment in the Kingdom and strengthening Jordan's economic relations with various countries through joint business councils, pointing to a memorandum of understanding signed in 2006 between the association and the Greek Exporters Association in Northern Greece.


Tabbaa stressed the need to find joint work programs based on the economic sectors and areas of priority, cooperation at the level of private sector institutions and increasing networking through holding bilateral meetings and delegation visits.


He pointed out that the association is about to hold an international conference for French-speaking business owners in mid-May, calling on the Greek business community to participate and visit Jordan to look firsthand at investment opportunities in promising economic sectors and leverage the new investment environment law.


For her part, Galathianaki indicated that the volume of trade exchange between the two countries is still modest and does not reflect the capabilities available to both parties, stressing the importance of institutionalizing efforts to develop joint relations through increasing visits, especially in light of the resumption of the meetings of the joint Jordanian-Greek committee.


In 2021, trade exchanges between the two countries amounted to $79 million, of which $23 million were exports to the Kingdom including copper, lead, fertilizers and vegetables.