Oman, Jordan sign seven Memoranda of Understanding

Oman Wednesday 05/October/2022 09:40 AM
By: ONA
Oman, Jordan sign seven Memoranda of Understanding
Photo - ONA

Muscat: The Sultanate of Oman and the Hashemite Kingdom of Jordan signed at Al Alam Palace here today, seven Memoranda of Understanding (MoU) and two executive programmes on various areas.

The agreements come within the context of the current official visit of King Abdullah II Ibn Al Hussein of Jordan to the Sultanate of Oman.

The agreements were signed by Sayyid Badr Hamad Al Busaidi, Foreign Minister and Ayman Safadi, Jordanian Deputy Prime Minister and Minister of Foreign Affairs and Expatriates.

The first MoU was signed between the Ministry of Commerce, Industry and Investment Promotion and the Jordanian Ministry of Industry, Trade and Supply in the field of industrial cooperation.

The second MoU was also signed between the Ministry of Commerce, Industry and Investment Promotion and the Jordanian Ministry of Industry, Trade and Supply in the field of competition protection and monopoly prevention.

The third MoU was signed between the Ministry of Energy and Minerals and the Jordanian Ministry of Energy and Mineral Resources in the field of mining.

The fourth MoU was signed between the Ministry of Labour and the Jordanian Ministry of Labour. As per the MoU, the two sides will work to enhance and develop cooperation between them on the basis of mutual interests and investing in human capital.

The fifth MoU was signed between the National Records and Archives Authority and the Royal Jordanian Hashemite Documentation Center in the field of historical documentation and management of documents and archives.

The sixth MoU was signed between the Capital Market Authority and the Central Bank of Jordan in the field of information exchange and supervision of the insurance sector.

The seventh MoU signed between the Consumer Protection Authority and the Jordanian Ministry of Industry, Trade and Supply in the field of consumer protection.

As for the executive programmes, the first one was signed in the field of higher education, research and innovation for the years “2023-2024-2025”, while the second one was on tourism cooperation for the years "2023-2026".

Ayman Safadi, Deputy Prime Minister and Minister of Foreign Affairs and Expatriates in Jordan, said that Oman and Jordan signing of memoranda of understanding and executive programmes reflects the keenness of the two countries’ leaders on taking practical steps towards consolidating cooperation.

On his turn, Foreign Minister Sayyid Badr underscored “the central role of the private sector in enhancing economy”. This, he told Oman News Agency (ONA), could be achieved through partnerships in investment fields, thanks to an abundance of opportunities in both countries.