East Amman Industrial boosts Jordanian exports through US trade deal
The article discusses the signing of a free trade agreement between Jordan and the United States, which enhances the competitiveness of Jordanian exports by reducing customs duties from 15% to 10%. This facilitates the entry of Jordanian products into the large American market, which accounts for more than a quarter of the nation's total exports. The agreement contributes to improving the performance of industrial sectors such as chemical, food, engineering, and apparel industries. It also encourages attracting investments from Far Eastern countries, while strengthening the protection of intellectual property rights and workers' rights. This step is expected to increase Jordan's external sales, attract new investments, and improve economic growth and GDP in the near future.
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