EU to invest EUR 3 bn in Jordan under new partnership agreement

The EU is backing Jordan with a EUR 3 bn financial and investment package, according to a statement. The package — earmarked for 2025 to 2027 — will support structural economic reforms and trade flow between the two parties, and aims to boost the potential of Jordan’s freetrade area. The signed agreement will also look to encourage investment in digital technology, green energy, fertilizers, and pharma goods.

Background: Talks between the two sides have been advancing since earlier this month, with EU Startups and Innovation Commissioner Ekaterina Zaharieva discussing ways to boost cooperation and the EU expressing eagerness to finalize the partnership.