Prime Minister Shri Narendra Modi and His Majesty King Abdullah II in the present day addressed the India-Jordan Enterprise Discussion board in Amman. The Discussion board was additionally attended by HRH Crown Prince Hussein and Jordan Minister of Commerce and Business and Minister of Funding. His Majesty and Prime Minister acknowledged the significance of accelerating business-to-business ties between the 2 international locations and known as upon the business captains from either side to transform the potential and alternatives into progress and prosperity. His Majesty famous that Jordan’s Free Commerce Agreements and India’s financial energy could possibly be mixed to create an financial hall between South Asia and West Asia and past.
Addressing the Discussion board, Prime Minister famous that Jordan and India share a vibrant up to date partnership, constructed on the robust edifice of their shut civilizational ties. He appreciated the management of His Majesty beneath whom Jordan has turn into a bridge that connects markets and areas, and is fostering enterprise and progress. Prime Minister proposed doubling bilateral commerce with Jordan to US$ 5 billion over the following 5 years. Highlighting India’s success because the quickest rising main economic system which is on the right track to turn into the third largest economic system on this planet, Prime Minister said that India supplied immense enterprise alternatives for its companions in Jordan and throughout the globe. He invited Jordanian firms to associate India and reap the advantages of its 1.4 billion client market, its robust manufacturing base, and its steady, clear, and predictable coverage setting. Prime Minister stated that each international locations can be part of fingers to turn into trusted provide chain companions for the world. Alluding to the over 8% progress of the Indian economic system, he underscored that this was a results of productivity-driven governance, and innovation-driven insurance policies.
Prime Minister additionally highlighted alternatives for India-Jordan enterprise collaboration within the fields of Digital Public Infrastructure, IT, Fintech, Well being-tech and Agri-tech and invited start-ups from each nations to affix fingers in these areas. He famous that India’s power in pharma and medical gadgets sectors and Jordan’s geographical benefit might complement one another and make Jordan a dependable hub for West Asia and Africa in these fields. He additionally highlighted enterprise alternatives for the 2 sides within the areas of agriculture, chilly chain, meals parks, fertilizers, infrastructure, car, inexperienced mobility and heritage and cultural tourism. Talking about India’s inexperienced initiatives, Prime Minister prompt better India-Jordan enterprise collaboration within the fields of renewable vitality, inexperienced financing, desalination and water recycling.
The Discussion board witnessed the participation of enterprise leaders from each international locations within the fields of infrastructure, well being, pharma, fertilizer, agriculture, renewable vitality, textile, logistics, car, vitality, protection, and manufacturing. The delegation additionally comprised representatives of FICCI and Jordan Chamber of Commerce, who’ve an current MoU to advertise commerce and financial cooperation between the 2 international locations.
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