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EU – Jordan: Showcasing Business Trade

The EU and Jordan further strengthened their close partnership through a joint high-level meeting promoting enhanced trade, business and investment opportunities available in Jordan, held on Wednesday 3 May in Brussels.

The meeting showcased the "EU Rules of Origin Initiative" that aims to mitigate the effects of the Syrian refugee crisis on the Jordanian economy. Thanks to the initiative launched last year Jordanian exporters benefit now from an extra flexibility as it comes to the use of foreign components. This helps them take better advantage of the tariff-free access to the EU market under the EU-Jordan Association Agreement.

EU Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn said: "The EU is doing its utmost to support its partner and neighbour Jordan in addressing the consequences of the Syrian refugee crisis. We remain committed to working with the Jordanian government to step up its efforts in guaranteeing an improved business climate as well as with the Jordanian private sector to ease access to credit, business services and international expertise."

The meeting brought together prominent political and business representatives from the EU and Jordan. It builds upon outcomes of the earlier conferences related to the Syrian refugee crises held in Brussels in April this year and in London in February 2016. Those meetings resulted in a strong international commitment to strengthen Jordan's resilience and economic development. As a result, the EU reviewed the rules of origin protocol of the EU-Jordan Association Agreement and complemented the change with financial and technical assistance.

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