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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Jordan initiates SMEs program to boost exports

Tuesday, September 11, 2018 > 13:21:32


Jordan announced the introduction of a new program aimed at the growth of small and medium enterprises (SMEs) within the Kingdom, in an attempt to expand exports.

The "Enhancing Industrial SMEs for Export" program was confirmed to have been inaugurated on Sunday by Tareq Hamouri, Jordan's Minister of Industry, Trade and Supply.

The initiative was explained to be targeting the improvement of SMEs abilities to develop their products as well as facilitate their exports.

The minister stressed that the Kingdom has been struggling with weak production structure, budget deficit, soaring internal and external debts, along with unemployment and poverty.

Hamouri added "this requires policy-makers to reinforce the role of local and foreign investment and to look for new markets for Jordanian products, and to diversify the sources of income."

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