AMMAN, Jordan, Deputising for King Abdullah II, State Minister for Investment Affairs, Muhannad Shihada, opened in Amman on Wednesday, the Arab-African Economic Forum, that will focus on developing Arab-African economic, trade and investment relations.

The forum, which will be held under the title "Partnership Road-map and Financing Mechanisms" will be attended by 500 participants from 54 Arab, African and foreign countries, in addition to Jordan.

Participants will discuss opportunities to develop economic, trade and investment cooperation, among Arab and African countries, in light of resolutions of the 4th Arab-African Summit, held in Equatorial Guinea, last year.

Shihada said, Jordan has started to turn challenges facing it into real opportunities, to achieve comprehensive development, and create job opportunities, through partnerships between the public and private sectors.

He added that, Jordan Investment Board works with business owners and investors, to facilitate work in Jordan and enhance relations between the two sides, noting that Jordan remained a safe haven for all Jordanians, partners and friends, despite the current regional conditions.

"Jordan's trade agreements with world economic blocs enabled it to reach one billion consumers around the world and the Kingdom has become a regional centre for many corporations," Shihada added.

The event, which is organised by the Union of Arab Chambers, the Jordan Chamber of Commerce, and the Lebanese Economy and Business Group, also aims to strengthen the private sector's relations in the major economic and developmental fields, to enhance trade exchange and maximise joint investments.


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