Syria, Jordan Reopen Joint Free Zone • The Syrian Observatory For Human Rights

Syria, Jordan Reopen Joint Free Zone

Syria and Jordan announced the reopening of the Syrian-Jordanian Joint Free Zone (JFZ) following a six-year suspension.

In a joint statement, both sides indicated that reopening the free zone aims to revitalize the trade movement, attract investments, and activate the service sector, thus creating job opportunities and supporting both countries’ economic and social development processes.

The JFZ had been stormed by Syrian opposition factions in 2015, forcing Jordanian investors to leave.

The statement added that the reopening of the free zone took place after finishing the requirements of rehabilitating it, returning it to work and ensuring its readiness to receive investments from both sides and from friendly countries.

Also, the statement noted that the free zone was established under the economic cooperation agreement and regulation of trade exchange between the two countries, to be one of the bases of the joint Arab economic work.

Amman has recently decided to reopen the Jaber border post with Syria. It also restarted passenger flights to and from Damascus.

Jordan has been discussing the necessary procedures to restore the work of the JFZ.

For its part, Damascus has been witnessing remarkable activity in receiving delegations and launching official economic activities.

This week, Damascus held the Fourth Conference of Arab Industrial Cities and Zones, the first Arab economic conference to be held in the Syrian capital after years of stalemate.

It witnessed the participation of Arab and Syrian economists and representatives of diplomatic missions located in Damascus.

Moreover, an inauguration ceremony of an Iranian commercial center was held in Damascus, in the presence of the Iranian Minister of Industry, Mining and Trade, and a number of senior economic and commercial affairs officials in Iran and Syria.

SOURCE: Asharq Al-Awsat

The views expressed in this article belong to the author and do not necessarily reflect the editorial policy of the Observatory.

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