13 major Jordanian companies specialized in the food industry are scheduled to take part Sunday, in Fancy Food Show 2023, which will open in New York City. Jordan Exporters Association (JEA) will participate in the three-day event, while the participating local industrial companies are specialized in the sectors of Arabic desserts, spices, thyme, nuts and coffee. In a statement on Saturday, JEA general director, Halim Abu Rahma, said Jordan’s participation represents an opportunity to get acquainted with new trading partners globally and open new and promising markets, especially those with which Jordan has free trade agreements. Abu Rahma noted the exhibition constitutes the largest event specialized in food and beverages in North America, and attracts exhibitors and visitors from all over the world. JEA has been participating in the exhibition since 2013, as part of its plans and programs to support and enable the industry to enter new markets, he said. Abu Rahma called on companies to optimize benefit from participating in the food show by networking and promoting Jordanian industry, seeking to conclude deals and attract buyers. Stressing importance of supporting participation in foreign exhibitions, he said this policy is a “successful” way to promote exports and open new markets, to achieve goals of the executive program of Economic Modernization Vision (EMV) in increasing national exports during the next three years to more than JD9 billion. Abu Rahma noted U.S. is one of the strongest markets, in terms of purchasing power and a promising destination for national exports, as multiple national products could U.S. market and meet its needs, due to existence of a free trade agreement (FTA) signed between the two countries. Jordan signed a FTA with U.S. in 2000, aimed to strengthening friendship and economic, trade and investment cooperation. During the first quarter of 2023, national exports to the U.S. increased by 8% to reach JD394 million, compared to JD365 million for the same period last year, according to official data.
Source: Jordan News Agency