Jordan’s exports to Syria up 89 percent
Jordan’s exports to Syria increased by 89 percent in the first half of 2002 reaching $31.5 million compared to $16.7 million earned during the corresponding period of the previous year, reported Petra. Exports consisted mainly of fruits and vegetables.
The gains were attributed to the signing of a bilateral free trade agreement in 2001, aimed at increasing annual two-way trade by more than $100 million. It replace the 1975 Jordan-Syrian trade convention, which is seen "incompatible" with new trade laws and requirements by the World Trade Organization, which Jordan joined in 2000.
© 2002 Mena Report (www.menareport.com)