PM Modi additionally stated the renewal of the Cultural Trade Programme for 2025–2029 would additional deepen people-to-people ties between the 2 international locations.
Prime Minister Narendra Modi on Tuesday stated that India is Jordan’s third-largest buying and selling accomplice and that the 2 international locations have to construct a long-term relationship. “India is the third largest buying and selling accomplice of Jordan. On this planet of enterprise, numbers have immense worth. We’re right here not simply to depend numbers however to construct a long-term relationship. There was a time when commerce occurred from Gujarat to Europe by way of Petra. We might want to revive our previous hyperlinks for our future prosperity,” he stated on the India-Jordan Enterprise Meet.
Stressing that Jordan has emerged as a bridge which helps to construct cooperation with varied areas underneath the management of King Abdullah II, PM Modi stated he mentioned with him intimately the way to convert geography into alternative and alternative into development.
World wants a brand new development engine
“India’s development price is above 8 per cent. This can be a results of productiveness, governance and innovation-driven insurance policies. New doorways of alternatives are opening for buyers and companies from Jordan. Right now, the world wants a brand new development engine and a trusted provide chain. India and Jordan collectively can play a big position in fulfilling this demand…,” he stated.
Earlier on Monday, the 2 international locations inked MoUs (memorandum of understandings) within the fields of tradition, renewable power, water administration, digital public infrastructure and twinning association between Petra and Ellora, geared toward giving a serious enhance to bilateral ties and friendship.
Bilateral commerce between India, Jordan
PM Modi arrived in Jordan’s capital, Amman, on Monday on a two-day go to on the invitation of King Abdullah II. Jordan is the primary leg of the Prime Minister’s four-day, three-nation tour, which may even take him to Ethiopia and Oman.
The bilateral commerce between the 2 international locations is valued at USD 2.8 billion. Jordan can also be a number one provider of fertilisers to India, significantly phosphates and potash.
The Arab nation is dwelling to a vibrant Indian diaspora of over 17,500 individuals employed throughout sectors akin to textiles, building, and manufacturing.
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