JIC, Djibouti's NIPA sign cooperation protocol

Amman, March 1 (Petra)-Jordan Investment Commission (JIC) on Sunday signed a cooperation protocol with the National Investment Promotion Agency (NIPA) of Djibouti.

The protocol aims to work to stimulate investment and develop joint cooperation, in addition to developing economic cooperation activities and trade relations between Jordanian and Djiboutian companies.

The protocol was signed by the JIC's President, Dr. Khaled Wazani, and Ambassador Mohamed Ali Moamen, on behalf of the Djibouti side.

During the signing ceremony, Wazani reviewed the "most promising" investment projects in Jordan and the key investment privileges its is offering, especially as the Kingdom has signed several trade and investment agreements, based on openness and integration policies.

Wazani pointed to the Kingdom's most important economic reforms aimed at improving its investment environment, stressing the JIC's commitment to facilitate all investor transactions.

For his part, Djibouti's Minister of Industry, Hassan Mohammed Ibrahim, who attended the signing ceremony, stressed the "strong" relations between the two countries in all fields, stressing his country's keenness to develop them to serve common interests.