India and Jordan have set a target to double bilateral trade to USD 5 bn over the next five years, according to a statement released during Prime Minister Narendra Modi’s visit to Jordan on Monday. Modi invited the Jordanian firms to invest in Indian firms.

Trade + economic agenda: Several agreements were finalized during the visit, covering fertilizers, energy, digital cooperation, water management, culture, and people-to-people exchanges. The two sides also signed a letter of intent on sharing digital solutions.

IN CONTEXT- Jordan’s exports to India have more than doubled since 2019, exceeding USD 1.7 bn in 2023, according to UN Comtrade data.

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