JEDDAH: To enhance economic collaboration and promote joint development initiatives, Syria and Jordan have inked 11 agreements in areas such as investment, agriculture, and transport. SANA reported that the council also “emphasized addressing technical, logistical, and legislative challenges affecting trade flows and the development of joint supply chains, particularly in the pharmaceutical and food industries and industries related to reconstruction.
The two parties discussed expanding industrial, logistical, and investment activities in the Syrian-Jordanian Joint Free Zone and explored the possibility of creating a joint economic city along their border to facilitate industrial, production, and service activities and to attract investment. The council stressed the need to activate the Joint Jordanian-Syrian Business Council and strengthen collaboration among private-sector institutions in both nations.
The talks also addressed ways to create and fund priority projects, including those identified by Syria for potential funding via a dedicated Syrian Investment Fund for reconstruction, in collaboration with donors and financing institutions. Energy was another area of emphasis, as the two nations deliberated on methods to assist in fulfilling Syria’s natural gas needs, such as the option of providing compressed natural gas from Jordan’s Risha gas field to industrial facilities in southern Syria.
They looked into the possibility of utilizing storage capacity in Jordan’s Madouna area to provide petroleum products to southern Syrian regions, in conjunction with the transfer of Jordanian expertise in liquefied natural gas storage and regasification.
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