Shamali: Jordanian, Emirati, Egyptian partnership unprecedented opportunity to enhance economic cooperation

  • Date: 04-Jun-2022
  • Source: Ammon News
  • Sector:Economy
  • Country:Jordan
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Shamali: Jordanian, Emirati, Egyptian partnership unprecedented opportunity to enhance economic cooperation

Ammon News - Minister of Industry, Trade and Supply Yousef Shamali the integrated industrial partnership between Jordan, the UAE and Egypt came as a result of the summit meeting that brought together His Majesty King Abdullah II, Egyptian President Abdel Fattah Al-Sisi and the President of the UAE, His Highness Sheikh Mohammed bin Zayed Al Nahyan, during the holy month of Ramadan.

He told Jordan TV's "60 Minutes" program, that the partnership came as a reflection of the strength of the bilateral ties between the three brotherly countries.
He added that, "We have an opportunity to increase the production of wheat and corn in the three countries from 16.5 million tons to about 30 million tons annually."

Commenting on the 10-billion U.S. dollar investment fund, Shamali said that the fund announcement was made by the UAE Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber, in which the fund will support projects emanating from the partnership between the three countries within the agreed sectors.
The minister spoke about data, figures and indications of the tripartite integration, the most important of which is the presence of a large market, as the three countries constitute 26 percent of the population in the Middle East