The Secretary-General of the Union of Arab Chambers, Dr. Khaled Hanafi, met during his visit to the Jordanian capital Amman during the period 27 and 28 August 2023, the Minister of Industry, Trade and Supply, and Minister of Labor Youssef Al-Shamali, and the Minister of Investment Kholoud Al-Saggaf, in the presence of the President of the Jordan Chamber of Commerce Khalil Haj Tawfiq.
The meetings focused on the ongoing preparations for the twentieth conference of Arab businessmen and investors, which will be hosted by the capital Amman on the eighteenth of next November. In addition to the latest ongoing arrangements and preparations, the personalities invited to attend it, the program and working sessions, and the axes that will be discussed, in addition to holding the first economic summit for the Arab private sector, which will establish an Arab economic union, and remove any obstacles to the movement of investment and intra-trade.
During the meetings, Secretary-General Dr. Khaled Hanafi expressed his appreciation to His Majesty King Abdullah II for sponsoring the conference, and to the Jordan Chamber of Commerce for hosting its work, stressing that "the conference will be a strong opportunity for the Kingdom to present the investment opportunities and projects available to it to Arab investors."
Hanafi pointed out that the conference will focus on introducing the investment climate and environment, policies, incentives, and modern legislation in Jordan and the Arab countries to attract investments and contribute to generating job opportunities for young people and employing them, which is reflected in the standard of living of the Arab citizen.
He pointed out "Jordan will witness the launch of the "Amman Declaration" for the first economic summit of the Arab private sector, which will be presented to Arab leaders during the Arab Economic Development Summit to be held before the end of this year in Mauritania."
Hanafi pointed out that "Jordan and the Arab countries have important elements to attract mega investment projects in various sectors, whether in the technological sectors or in the sectors of energy, agriculture, renewable energy, the tourism sector, and other vital strategic sectors."
The two ministers, Al-Shamali and Al-Saqqaf, expressed the Jordanian government's keenness on the success of the conference and stressed that the governmental participation in the conference, which is organized by the Union of Arab Chambers, the League of Arab States, and the Jordan Chamber of Commerce, will be strong. Through the relevant ministries, invitations will be sent to the Arab ministers of investment, industry, trade, and economy to attend its activities, as it represents a strong opportunity to discuss many challenges facing the Arab economy.
For his part, the President of the Jordan Chamber of Commerce, Khalil Hajj Tawfiq, stressed the importance of Jordan hosting the conference, as it constitutes a large gathering of business owners, investors, the leadership of the Arab private sector, officials, and ministers of Arab governments. This will provide an opportunity to see the investment climate and environment, policies, incentives, and modern legislation in the Arab countries to attract investments, through the establishment of a unified investment platform.
He explained that the conference is also an opportunity for Jordan to present, promote, and introduce the vision of economic modernization and the many investment opportunities available in the Kingdom. Which were prepared by the Ministry of Investment, in addition to reviewing the latest developments in the investment path, especially after the completion of the Investment Environment Law and its instructions and regulations to attract investors.
Source (Union of Arab Chambers)
