To fortify the pharmaceutical sector’s cooperation, the Ministry of Investment in Jordan arranged an essential convening this February between representatives of the Jordanian pharmaceutical industry and an economic delegation from Oman, under the leadership of Qais Bin Mohammed Al Yousef, Oman’s Minister of Commerce, Industry, and Investment Promotion.
This initiative, as detailed by the Jordan Chamber of Industry (JCI), was part of a series of follow-up actions stemming from the diplomatic and trade discourse initiated by King Abdullah of Jordan during his 2022 visit to Oman, where he met with Sultan Haitham Bin Tarik. The discussions aimed to capitalize on the outcomes of that visit and a subsequent expedition by the Omani Investment Authority to Jordan at the start of 2023. The latter was a strategic move to evaluate and reinforce the partnership between Jordan and Oman across a variety of sectors, with a particular focus on the pharmaceutical industry, as highlighted in reports by the Jordan News Agency, Petra.
Minister Al Yousef articulated a strong vision for the future of Omani-Jordanian trade relations during the meeting. He underscored the imperative of deepening these ties to escalate the trade volume and stimulate commercial and investment collaboration in sectors identified as priorities. These efforts are expected to yield substantial benefits, including job creation and the promotion of sustainable economic development.
Expanding Horizons: Jordan and Oman’s Vision for a Collaborative Pharmaceutical Sector
Fadi Al Atarsh, a leading representative for the pharmaceutical and medical supplies sector within the JCI, voiced the chamber’s ambitions to broaden investment horizons, enhance the scale of trade exchanges, and forge robust industrial partnerships. These endeavors are envisaged to be in perfect harmony with the aspirations of both nations, leveraging their unique production capacities and export capabilities.
In a gesture to underline the growth and potential of Jordan’s pharmaceutical sector, Al Atarsh arranged for the Omani delegation to visit several of Jordan’s pharmaceutical manufacturing facilities. These visits were strategically planned to provide a comprehensive overview of the industry’s evolution in Jordan, showcasing its highly skilled labor force and the diverse range of superior quality pharmaceutical products it produces. Through such initiatives, Jordan aims not only to highlight its achievements in the pharmaceutical sector but also to pave the way for enhanced cooperation and investment between the two countries, setting a precedent for future collaboration in other sectors as well.
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