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UK-Jordan Joint Statement on Economic Co-operation

This news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Kingdom of Jordan and the United Kingdom to launch Strategic Economic Dialogue.

The Prime Minister today met the King of Jordan to discuss regional issues in the Middle East and the process of political and economic reform in Jordan.

As a result of the meeting it has been agreed that the Hashemite Kingdom of Jordan and the United Kingdom will launch a Strategic Economic Dialogue to enhance the development of their economic relationship reflecting their historically strong ties.

Representatives of the two countries’ authorities will meet regularly to find new opportunities through this dialogue to promote greater economic links between their two countries. Private sector representation will also be central to this co-operation. The main areas for discussion will be the promotion of trade, employment-generating and value-adding investments, and tourism in both directions including closer links between companies in the financial services and energy sectors and SMEs, among other sectors. This work will focus on the potential benefits and opportunities offered by the unique business environments in both countries, for example Jordan’s location in the Middle East and North Africa (MENA) region and future membership of the Gulf Cooperation Council (GCC).

The Dialogue will also consider ways in which the UK’s Arab Partnership Programme and the UK’s interest in European Union, G8 and other international financial institutions can be co-ordinated and targeted towards supporting His Majesty King Abdullah II’s important political, economic and social reform.