Rapidly changing international economic trends have both increased the importance of investment in the economic development process as well as placed new challenges in the path of countries seeking to attract new investment. This conference will explore the opportunities and prospects for investment in Jordan in light of these changing international trends. The conference will contribute toward defining the national economic policies that may enable Jordan to confront the various economic challenges it faces.
1.
More open economies
accompanied by the rapid increase in international trade.
2.
Increasing privatization with
a reevaluation of the state’s role in economic activities.
3.
The removal of regulations
impeding the international flow of capital.
4.
Rapid advancements in
communications technology and production methods.
5.
Increasing international
competition for investment.
Jordan’s
Place in Light of These Changing International
Trends
Jordan’s peculiar geographic
position has ensured that it is strongly influenced by different regional and
international developments. To
understand Jordan’s economic needs it is thus incumbent to study how international
economic changes and developments have affected the Jordanian economy. With such an understanding, we can then
outline a strategy that will enable Jordan to accommodate and take advantage of
the new international economic trends.
This is especially important in light of Jordan’s recent entry into the
World Trade Organization (WTO), the signing of the Jordanian-European Union
Partnership Agreement (JEUPA), the activation of the Inter-Arab Free Trade
Agreement (IAFTA), the signing of the Free Trade Agreement with the United
States, as well as the establishment of the Aqaba Special Economic Zone (ASEZ)
and Industrial Qualifying Zones (IQZ’s) in various other parts of the Kingdom.