Prime Minister Shri Narendra Modi and His Majesty King Abdullah II immediately 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 nations 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 modern partnership, constructed on the sturdy edifice of their shut civilizational ties. He appreciated the management of His Majesty beneath whom Jordan has grow to be 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 subsequent 5 years. Highlighting India’s success because the quickest rising main financial system which is on track to grow to be the third largest financial system on the planet, Prime Minister acknowledged that India supplied immense enterprise alternatives for its companions in Jordan and throughout the globe. He invited Jordanian corporations to companion India and reap the advantages of its 1.4 billion client market, its sturdy manufacturing base, and its secure, clear, and predictable coverage setting. Prime Minister mentioned that each nations can be a part of arms to grow to be trusted provide chain companions for the world. Alluding to the over 8% progress of the Indian financial 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 arms in these areas. He famous that India’s energy in pharma and medical gadgets sectors and Jordan’s geographical benefit may 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 recommended higher 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 nations 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 nations.
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