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TunisiaEU-Jordan trade: rules of origin made simple to boost investment and job creation
July 20, 2016
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The EU and Jordan reconfirmed their solid partnership, strengthening their relations on political, security, trade and cooperation matters, at the 10th EU-Jordan Association Committee in Amman this week. In the margins of the meeting, a decision was reached to simplify the rules of origin that Jordanian exporters use in their trade with the EU.
This measure will allow producers in Jordan to use an alternative, more relaxed set of rules of origin for exports to the EU, provided a number of conditions are met. It will boost investment and create jobs for Jordanians, but also Syrian refugees the country is hosting. It is part of the EU’s support to Jordan, including in response to the impact of the Syrian refugee crisis on the country and another positive step forward towards the finalisation of the partnership priorities and compact.
EU High Representative for Foreign Affairs Federica Mogherini said: “Jordan, with its outstanding political engagement in the region, is a key partner of the European Union. It has also been making since many years a generous and invaluable work to host refugees. As EU, we delivered in our promise to stand by the Jordanian leadership and people: Jordan will see an increase of investments and creation of more jobs for Jordanians as well as for Syrian refugees. This new EU support will help Jordan in implementing its current political and economic reforms.”
The new scheme will apply to 52 product groups for ten years. It will cover a wide range of manufactured products and be available to producers in 18 specified industrial areas and development zones which employ a minimum percentage of Syrian refugees.
“These decisions will strengthen Jordan’s resilience in facing the consequences of the Syrian refugee crisis. The EU will continue to support Jordan in its economic and political reform efforts, in order to boost the competitiveness of Jordan’s private-sector. This will help Jordan take full advantage of the potential of the initiative on rules of origin and improve the employability of both Jordanians and refugees”, said EU Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn. (EU Neighbourhood Info)
Read more
EU Neighbourhood Info Centre webpage – Jordan
EU Delegation – Jordan
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