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MOSCOW, May 5th. / TASS /. The level of trade and investment relations between Russia and Jordan does not match the high level of bilateral political ties, Jordan Investment Commission (JIC) chairman Faridon Hartouqa told TASS on Wednesday.
“The potential of trade, economic and investment cooperation between Russia and Jordan has not been exhausted. There is a lot of work to be done on both sides if we are to move forward in this direction, â€he said.
The commentator described bilateral relations at the political level as “very strong”. “At the political level, thanks to the strong personal ties between King Abdullah II, bilateral relations between Russia and Jordan are cooperation, links in investment, education,” he noted.
The expert praised the information and communication sector as one of the most promising areas of trade and economic cooperation between Russia and Jordan.
“The information and communication sector is one of the key sectors of the Jordanian economy. We want to make our country the center of information and communication technologies in the region and see great interest in Jordan from large international companies Russia and Jordan can implement many innovative projects, “he added.
Jordan ranks 86th among Russia’s trading partners, with a trade turnover between countries of around 400 million US dollars per year.
Jordan at Expo 2020
The Jordan Investment Commission is a government organization responsible for attracting investment into the country and developing national exports. Hartouqa is currently taking part in the international participants’ meeting of Expo 2020 in Dubai.
He hoped that Jordan’s participation in the expo would help attract tourists and investments to the Middle Eastern country.
“The tourism sector in Jordan is actively developing. We hope that Russian tourists will consider Jordan as a possible vacation destination. We are confident that Russians will very much enjoy the Jordan weather, food and rich culture of our country.” Expert said.
Global universal exhibitions have been held since 1851 and are the most comprehensive international platform for the presentation of top performance and technologies. Expo 2020 has been postponed due to the coronavirus pandemic and will take place in Dubai from October 1, 2021 to March 31, 2022. This will be the first global expo in the Middle East. Osaka is preparing for Expo 2025.
Russia applied to host Expo 2030 at the end of April. Should she win the bid, the world exhibition would take place in Moscow.
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