Jordan is seeking to deepen trade ties with the UK by strengthening the existing Association Agreement between the two countries to make it easier to do business.
With exports to the UK totalling $22.32 million in the first 10 months of 2021, imports hit £165.4bn ($223.42bn), leaving a “a huge trade deficit in favour of the UK”, Manar Dabbas, Jordan’s Ambassador to the UK, told delegates attending a roundtable hosted by the Arab-British Chamber of Commerce (ABCC).
While a bilateral preferential trade agreement came into force on May 1, setting the framework for an expansion of business transactions, that pact has not advanced since then, Mr Dabbas said.
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