Jordanian Businessmen Association (JBA) President Hamdi Tabbaa Saturday discussed with Hungarian Ambassador Attila Kali prospects of enhancing economic relations between the two countries and reactivating the Jordanian-Hungarian Joint Business Council.
Tabbaa stressed the need to reinvigorate the business council, which links the JBA and the Hungarian Investment Promotion Agency, and intensify meetings to highlight promising investment opportunities and boost Jordanian-Hungarian partnerships across various economic sectors.
Tabbaa pointed to remarkable improvement in many Jordanian sectors, especially tourism, real estate, food industries, energy, and information technology, stressing the need to increase the trade volume and Jordanian exports to Hungary.
For his part, the Hungarian envoy noted that relations with Jordan are steadily growing, pointing to the development of many Jordanian sectors, particularly finance, information technology and services.
He stressed the need to reactivate the Joint Business Council and build investment partnerships, particularly in food and tourism industries, increase the trade volume and enhance untapped export opportunities, including fertilizers, pharmaceuticals and chemicals.
Kali pledged the embassy will provide facilities for businessmen in both countries, support cooperation between private sector institutions and ease procedures to increase the number of Hungarian tourists to the Kingdom.
The volume of trade between the two countries was at about $49 million in 2023, with vegetables, electrical equipment, machinery and food products key Jordanian exports to the Hungarian market.