Fashion
India, Jordan to diversify trade basket; sign MoU on renewable energy
Modi is on an official 2-day visit to Jordan that ends today.
Jordan’s King Abdullah II ibn Al Hussein and Indian PM Narendra Modi have agreed to diversify the trade basket and convene early the 11th Trade and Economic Joint Committee in the first half of 2026 to monitor progress in economic and trade relations.
Modi is on an official visit to Jordan.
An MoU on technical cooperation in new and renewable energy was also signed.
A Jordan-India Business Forum was convened on the sidelines of the visit, where representatives from the two countries discussed ways to further strengthen and expand trade and economic cooperation, the Prime Minister’s Office said in a press release.
Addressing the forum, Modi suggested greater business collaboration in the fields of renewable energy, green financing, desalination and water recycling.
The leaders agreed to fully utilise the Agreement on Cooperation and Mutual Administrative Assistance in Customs Matters, according to a joint statement issued during the visit. This agreement facilitates sharing of information to ensure proper application of Customs Laws and combating of customs offences.
Both sides reaffirmed the importance of strengthening transport and logistics connectivity, including the regional integration of Jordan’s transit and logistics infrastructure as a strategic opportunity to advance shared economic interests and private-sector collaboration.
A memorandum of understanding on technical cooperation in new and renewable energy was also signed. Both sides agreed on the exchange and training of scientific and technical personnel, organisation of workshops, seminars and working groups, transfer of equipment, know-how and technology on a non-commercial basis and development of joint research or technical projects on subjects of mutual interest.
Fibre2Fashion News Desk (DS)