The 10TH India-Jordan Morocco
Trade and Economic Joint Committee (TEJC) Meeting was held in New Delhi on July
4th and 5th under
the co-chairs of Ms.Nirmala Sitharaman, Minister of State (Independent Charge)
for Commerce and Industry, Government of India, and. Mr. Yarub Qudah, Minister
of Industry, Trade and Supply, Jordan.
The two countries emphasized the need for
diversification of bilateral trade and deepening their engagements for greater
cooperation in investment sector. During the TEJC meeting, the two sides also reaffirmed
their mutual interest and discussed the roadmap for cooperation in various
fields such as Fertilizer Sector, Customs, Double Taxation Avoidance Agreement,
Visa and Consular issues, Health and Pharmaceuticals, Micro, Small and Medium
Enterprises, Maritime Transport, Rail Transport, and Air Transport, Renewable Energy,
Energy Efficiency, and Smart Grid development, Information Technology, Higher
Education and Vocational Training, Agriculture sector etc.
The two leaders also inked the revised Economic
and Trade Cooperation Agreement between India and Jordan aiming at boosting and
diversifying bilateral trade relations, in addition to promote economic, trade
and investment cooperation based on the principle of equity, non-discrimination.
On the sidelines of the TEJC, business
federations from both sides also met and discussed the roadmap for promotion of
trade and investment through B2B mechanism.