Vast potential for expanding trade between India and Jordan, says Jyotiraditya Scindia
Shri Jyotiraditya M. Scindia, Minister of State for Commerce & Industry, during his visit to Jordan on February 15-16, 2010 met the Minister of Industry & Trade, Mr. Amer Hadidi; Minister of Foreign Affairs, Mr. Nasser Judeh and Minister of Energy & Mineral Resources, Mr. Khaled Anis Irani and discussed the possibilities for exploring and enhancing trade between the two countries. The talks between the two sides focused on ways to augment the bilateral trade and also covered issues of mutual interest.
During his interactions, Shri Scindia observed that there is a vast potential for expanding trade between the two countries in sectors such as leather, information technology, pharmaceuticals, construction material and automobile sector. Both the sides recalled the 8th Session of Indo-Jordan Trade and Economic Committee held in New Delhi in August 2006 and agreed to hold the next Session in Amman as early as possible.
The trade turnover between the two countries in 2008 was at $ 1.785 billion and US $ 934 million in the first eleven months of 2009. Jordan’s imports from India was US $ 503 million in 2008 as compared to US $ 469 million in 2007. India’s main items of exports to Jordan consist of electrical machinery & equipments, engineering goods, organic chemicals, aircraft & parts, etc. India’s main items of imports from Jordan are phosphates, phosphoric acid, fertilizers, inorganic chemicals aluminium, lead etc.
Shri Jyotiraditya M. Scindia, Minister of State for Commerce & Industry, during his visit to Jordan on February 15-16, 2010 met the Minister of Industry & Trade, Mr. Amer Hadidi; Minister of Foreign Affairs, Mr. Nasser Judeh and Minister of Energy & Mineral Resources, Mr. Khaled Anis Irani and discussed the possibilities for exploring and enhancing trade between the two countries. The talks between the two sides focused on ways to augment the bilateral trade and also covered issues of mutual interest.
During his interactions, Shri Scindia observed that there is a vast potential for expanding trade between the two countries in sectors such as leather, information technology, pharmaceuticals, construction material and automobile sector. Both the sides recalled the 8th Session of Indo-Jordan Trade and Economic Committee held in New Delhi in August 2006 and agreed to hold the next Session in Amman as early as possible.
The trade turnover between the two countries in 2008 was at $ 1.785 billion and US $ 934 million in the first eleven months of 2009. Jordan’s imports from India was US $ 503 million in 2008 as compared to US $ 469 million in 2007. India’s main items of exports to Jordan consist of electrical machinery & equipments, engineering goods, organic chemicals, aircraft & parts, etc. India’s main items of imports from Jordan are phosphates, phosphoric acid, fertilizers, inorganic chemicals aluminium, lead etc.
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