Wednesday, 27 October 2021 10:59 GMT

Jordan, Mexico resume negotiations on free trade

(MENAFN- Jordan News Agency) Jordan and Mexico held the first negotiations session in Amman from February 9-10 to sign a free trade agreement between the two countries.

The agreement is aimed at promoting bilateral ties in various fields, including economy and trade volume.

The Minister of Industry, Trade and Supply, Hatem Halawani, said Monday that the negotiations were a result of His Majesty King Abdullah II's visit to Mexico last year.

Halawani said the agreement will contribute towards increasing the investment projects in Jordan, pointing out that the government is coordinating with the private sector about the agreement.

He pointed out that Jordanian products have reached more than 1.3 billion customers around the world without restrictions due to such agreements, and industrial exports will be promoted further.

Halawani said during a meeting with the President of the Mexican negotiation delegation Francesco de Rosenvic, who is also the deputy Minister of Economy, that the completion of negotiations will lead to both parties benefitting.

After signing the agreement, Jordan will become the first Arab country associated with free trade agreements with the entire North American Free Trade Agreement (NAFTA) countries, which include the United States, Canada and Mexico.

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