Egyptian President Abdel Fattah al-Sisi, Jordanian King Abdullah II and Iraqi Prime Minister Adel Abdul Mahdi met in Cairo to discuss ways to enhance economic and strategic relations, as well as a unified Arab position toward the regional developments.
Closed for more than four years, the free trade zone on the border between Jordan and Syria is scheduled to be reopened. However, detractors say that it is a step towards normalising relations with the Syrian Regime.
Amman - According to some fruit and vegetable dealers on the borders with Iraq and Syria, since the reopening of the borders the export market has been affected by a "tense trade atmosphere". However, the Jordanian Ministry of Industry, Trade and Supply has rebuked this statement.
Jordan is on a mission to rejuvenate trade with its neighbour, Iraq, as regional competitors scramble for footholds in the country. However, Jordanian officials have voiced their concerns about competitiveness within the export sector.
The Jabir/Nasib border crossing between Syria and Jordan has finally reopened after being closed for three years. Both Syrians and Jordanians express their joy with this move, as it will increase trade between the two countries.
The Jordanian Minister of State for Media Affairs and Government Spokesperson, Jumana Ghunaimat, announced that the Jaber/Nasib border crossing between Jordan and Syria will be reopened on Monday after final measures to reopen the border were agreed upon.
By joining the Economic Community of West African States (ECOWAS), Tunisia is trying to ship goods and services to the rest of Africa. The country, whose total exports stand at $14 billion, is attempting to export $4 billion by the end of 2020 to Africa alone.
The National Institute of Statistics, a government agency in Tunisia has revealed that the country's export to import rose to 72%. According to the Institute the deficit in trade amounted to at least $2.6 billion.