Money well spent: Jordanian-Chinese committee to increase bilateral trade volume, tourism exchange
China has extended more than $162 million to Jordan in the form of loans and grants between 1999 and 2013, according to the Ministry of Planning and International Cooperation. During the meeting of the Jordanian-Chinese technical and economic committee on Monday, the two sides agreed to increase trade volume, tourism exchange, improve transport and energy cooperation and encourage investments and the exploitation of oil shale, said a statement received by The Jordan Times.
Amman and Beijing agreed to expedite the implementation of development schemes China has agreed to fund through grants, including water networks, housing units for the underprivileged and installation of CCTV cameras. They also agreed to send a Chinese team to study renovating the Salt-Arda road before the end of this month.
- Tunisian, Moroccan Chambers of Commerce meet to discuss economic partnership
- Winter wonderland: Dubai debuts Aspen Chalets with view of Ski Dubai
- Egyptian economic experts predict inflation rate will continue to climb
- Shoura Council: Expats cannot buy property in Mecca, Medina, Riyadh
- Tensions increase between Egypt, Italy over renewable energy projects
- UK's former investment director in Egypt, John Franck, reveals what scares British investors the most about Egypt
- UAE and Germany agree on several initiatives to increase economic, investment, and trade cooperation
- It's been a while: how's Egypt's economy doing?
- Two Koreas Agree to Launch Economic Cooperation Committee this Month