{"id":70329,"date":"2023-04-26T00:00:00","date_gmt":"2023-04-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/04\/26\/jordans-new-national-exports-strategy-looks-to-unlock-usd-4-4-bn-worth-of-potential-exports\/"},"modified":"2023-04-26T00:00:00","modified_gmt":"2023-04-26T00:00:00","slug":"jordans-new-national-exports-strategy-looks-to-unlock-usd-4-4-bn-worth-of-potential-exports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/04\/26\/jordans-new-national-exports-strategy-looks-to-unlock-usd-4-4-bn-worth-of-potential-exports\/","title":{"rendered":"Jordan\u2019s new national exports strategy looks to unlock USD 4.4 bn worth of potential exports"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Jordan\u2019s new <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e579c43b-d872-4d13-ade5-90474452773e\" style=\"\">national exports strategy<\/a><\/span><span style=\"font-weight:700\"> aims to tap USD 4.4 bn worth of investments in <\/span><span style=\"font-weight:700\">untapped sectors <\/span><span>such as livestock, clothing, pharma products, jewelry, ornaments, and fertilizer to reduce its trade balance deficit, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.petra.gov.jo\/Include\/InnerPage.jsp?ID=243969&lang=ar&name=news&cat=economic_news#.ZEUI9uM09ZI.twitter\" style=\"\">Jordan News Agency<\/a><\/span><span>. The strategy could help Jordan\u2019s exports reach some <\/span><span>USD 10.5 bn<\/span><span style=\"font-weight:400;\">, according to a study by the International Trade Center cited by the news agency.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Refresher:<\/span><span style=\"font-weight:400;\"> The country launched the export strategy for 2023-2025 in March in hopes of increasing the competitiveness of Jordanian exports in regional and global markets, increasing and diversifying commodity and service exports, and  improving sustainability. The strategy comes as a response to the industrial, commercial and service challenges Jordan faces, such as expensive shipping costs, competition, and ineffective marketing, and high production costs. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">More trade partners: <\/span><span>The strategy also identifies<\/span><span style=\"font-weight:400;\"> countries like the neighboring Arab Gulf states, as well as countries in North America, the EU, Africa and Northern Asia for trade opportunities, the news agency reported.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The strategy could help Jordan\u2019s exports reach some USD 10.5 bn<\/p>\n","protected":false},"author":1,"featured_media":70330,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[17,40,39,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-70329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-enterprise-logistics","tag-exports","tag-jordan","tag-trade","wpautop","entry"],"acf":{"mongo_id":"1fb80edd-4e16-4916-a336-6630cb3fac28","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/4\/798.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Jordan\u2019s 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