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Jordan, Kazakhstan discuss holding investment forum
President of the Jordanian Businessmen Association (JBA) Hamdi Taba'a discussed on Thursday with the Ambassador of Kazakhstan to the Kingdom, Idarbek Tomatov, organizing a joint investment forum on the sidelines of the ministerial committee meetings that will be held in Amman on the 5th of next April.
Taba'a and Tomatov also discussed ways to enhance joint investment and economic relations and the role of private sector institutions in this regard.
During the meeting, Taba'a affirmed the JBA's readiness to cooperate in completing arrangements to organize the forum and identifying economic sectors of common concern.
He also pointed to the possibility of signing a Jordanian-Kazakhstan business council agreement to enhance prospects for bilateral cooperation and follow up on outcomes of the ministerial discussions.
Taba'a called on the Kazakh private sector to get acquainted with the Kingdom's investment opportunities in the various economic sectors and existing projects in industrial cities and free and development areas, as well as the privileges provided to investors.
For his part, Tomatov said the bilateral relations have witnessed a "remarkable" development thanks to the many joint agreements in various fields, adding his country attaches great importance to cooperation with Jordan, especially in the sectors of agriculture, energy, the pharmaceutical and tourism industries.
Tomatov also said the volume of trade exchange still falls short of ambitions, stressing the importance of working to enhance the prospects for joint economic cooperation.
The Kingdom's exports to Kazakhstan amounted to nearly $134 million in 2018, compared to $162 million in imports.