Pakistan, Jordan ink deal on trade in textile, high tech
Pakistan and Jordan on Tuesday signed two agreements to expand bilateral trade in textile, pharmaceutical, high tech industries and in agriculture and livestock sectors. Two agreements were signed by Pakistan Minister of Commerce Homayun Akhtar Khan and Jordanian Minister of Planning and International Cooperation…
Later briefing the newsmen, Homayun Akhtar Khan said both countries agreed to start negotiations for signing a Free Trade Agreement.
He said Pakistan offered the expertise and technical know-how for developing the textile sector of Jordan.
Both sides also agreed to encourage the private sectors to initiate joint venture in different sectors including pharmaceutical, mineral, textile and particularly ready made garments.
The two sides expressed their deep satisfaction on protocol for cooperation in the field of agriculture and livestock.
Pakistan and Jordan also discussed in detail the existing level of cooperation in the field of higher education and vocational training and agreed to evolve a mechanism to interlink the universities of the two countries.
Both sides also agreed to extend cooperation in vocational training and the agreement will be finalize before the next JMC meeting.
Homayun Akhtar said the JMC also discussed the establishment of a joint investment company.
Both sides agreed to exchange services and expertise in designing roads, bridges, buildings and low income housing, exchange of expertise in the areas of Petroleum, Railways and social development.
Pakistan also offered assistance to Jordan for preparation of computerized identity cards, cards, multi-biometric passport, vehicle registration and tracking system.
Both the countries also agreed to enhance existing cooperation in the field of culture and media through exchange of culture troupe.
The Jordanian Minister of Planning and International Cooperation Suhair Al-Ali said Pakistan investment in Jordan touches to fifty million dollars and her country wants more investment by Pakistani businessmen.
She said Jordan is ready to provide market access to Pakistan as it did with EU, USA and Arab World.
Source: Islamic Republic News Agency
From the Egytex news archive, first published on 29 June 2006. Figures and names are as reported at the time.