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Fayyad calls Jordanian and Palestinian businessmen to steer their investments towards Jerusalem

2011-12-27

Dr. Salam Fayyad, Palestine Prime Minister, urged the Jordanian and Palestinian businessmen and the Arabs generally to steer their investments towards Jerusalem in order to strengthen the steadfastness of its people since it is considered the Capital of the Coming State of Palestine.   Fayyad was speaking during a ceremony in Ramallah to sign a cooperation agreement between Palestine Investment Promotion Agency PIPA and its Jordanian counterpart, and the Federation of Palestinian Chambers of Commerce, Industry, and Agriculture and Jordan Chamber of Industry and Commerce with the presence of tens of businessmen from both sides.

 Fayyad announced that the Joint Jordanian-Palestinian Higher Committee and its committees will hold a meeting soon to activate its operation by signing a number of agreements and protocols in order to strengthen the relationship between the two countries.

He emphasized the readiness of Palestine Authority for statehood and continuing to build strong and capable institutions in order to provide the citizens with different services wherever they are, especially in the infrastructure area in the rural and marginalized areas that was destroyed by the oppressive Israeli practices and the wall. Noting the ‘’important role’’ played by the private sector over many suffering decades and its contribution, despite the Israeli occupation to strengthen the Palestinians  to survive on their own land and uphold all their national rights .

On the Other hand, the prime minister invited the Jordanian delegates to visit different sites in Palestine and communicate with many Palestinian businessmen to view the situation and the investment potentials. He said : ‘’ this is for the benefit of both the Palestinians and the Jordanians since this supports the efforts of the Palestinian Authority to transform to a State over the whole occupied Palestine as of 1967’’. He added , speaking to the Jordanian Businessmen : ‘’ We, Palestinians hope to take the advantages to study the investment opportunities potential in Palestine and to convey an important message that we will remain in our land and uphold all of our rights as long as we are supported by other countries, especially Jordan ‘’.

Mr. Jaafar Hadaib , the CEO of the Palestinian Investment Promotion Agency said: ’’ the agreement that was signed will provide more cooperation between the Palestine Investment Promotion Agency PIPA and its Jordanian counterpart for promoting the investment. This will enable the two institutions to establish an annual forum to encourage the investing alternately in the two countries ‘’. He announced that there are preparations for the convening of the first forum to encourage the investment in Jordan that will take place later as well as forming a committee of the two institutions to solve the problems and obstacles facing the investors in both countries.

Mr Muhammad Masrouji , the manager of the Private Sector Coordination Council pointed out the Palestinian Territories contain many opportunities for investment, in Palestine and Jordan , referring specifically to Palestine Stock Exchange ’’ Where there is a possibility to gain good profits , in a stock exchange that is considered the best for 2011 in the Arab World ’’. He added that many stumbling small projects will be profitable with a small support since there are good investment opportunities in both Jordan and Palestine. Finally, He urged the Jordanians to overcome the obstacles facing the Palestinian Investments in Jordan .