Palestine, Jordan boost economic ties
The Palestinian Authority and Jordan are in the process of establishing a logistics zone to facilitate and expand the bilateral trade exchange and boost import and export, within the framework of the PA's plan of breaking away from the Israeli economy.
RAMALLAH, West Bank — A joint Palestinian-Jordanian team of customs administrations, in coordination with the Ministries of Industry, Economy and Transport of both countries, is set to begin consultations over the coming days and weeks to discuss details of the establishment of a logistics zone for trade exchange between the two sides.
On the sidelines of the meetings of the Joint Jordanian-Palestinian ministerial committee held in Amman on July 6-7, the two sides agreed to establish the logistics zone on the Jordanian side of the border in Shouneh area. The objective is to expand activity and trade between Palestine and Jordan as well as encourage import and export through the Jordanian crossings to and from Palestine.
