Jordan, Oman Chambers Sign Trade Pact

Amman: The Jordan Chamber of Commerce (JCC) and the Oman Chamber of Commerce and Industry (OCCI) signed a memorandum of understanding (MoU) aimed at deepening cooperation, promoting trade exchanges, and fostering investment partnerships between Jordanian and Omani businesses.

Signed by JCC President Khalil Haj Tawfiq and his OCCI counterpart Faisal Abdullah Al Rowas, the MoU seeks to enhance joint economic collaboration between the two chambers’ affiliated business sectors, adhering to relevant laws and regulations.

The agreement encourages direct business connections through trade delegation visits, participation in economic events, and information exchange on permitted trade statistics and reports.

In a statement on Sunday, Tawfiq expressed optimism that the MoU will significantly increase trade exchange and establish investment partnerships between the two countries, leveraging their strong fraternal relations.

He announced plans to organize a Jordanian-Omani business forum this year, focusing on key i
nvestment sectors like medicine, construction, information technology, and tourism.

Jordan’s exports to Oman reached $75 million in the first 11 months of 2023, exceeding imports of $69 million.

Source: Jordan News Agency

Israeli Aggression Claims Dozens of Palestinian Lives in Gaza

Gaza: The Israeli occupation continued to attack Gaza last night and into Sunday morning, resulting in the deaths and injuries of numerous Palestinians, including children and women. This marked the 142nd day of unrelenting bombardment on the Strip.

Medical sources have reported that a considerable number of Palestinian civilians were killed or injured with varying degrees of severity due to renewed Israeli artillery shelling. The western areas of Khan Yunis and the Al-Sabra neighborhood in Gaza City were specifically targeted.

In Gaza City’s Al-Shaaf area, an Israeli raid on a house resulted in the loss of one life and injuries to others. Concurrently, occupation drones and artillery shelling targeted eastern neighborhoods of the city.

Violent clashes erupted in the Al-Zaytoun neighborhood, south of Gaza City, accompanied by audible explosions.

In Beit Lahia, reports indicated that a martyr was recovered following the bombing of a residential house, with several individuals still missing under the rubble
.

Saturday evening, the Israeli occupation’s bombing of the Al-Shati Camp in western Gaza claimed the lives of two Palestinians and injured four others.

According to preliminary data from the Palestinian Ministry of Health in Gaza, the number of deaths has now reached 29,606, with 69,737 individuals wounded since the commencement of the aggression on the Gaza Strip on October 7th.

Source: Jordan News Agency

Saturday’s electricity load hits 3,670mw

Amman: Jordan’s electrical load reached 3,670 megawatts on Saturday evening, as reported by the National Electric Power Company (NEPCO).

This figure represents a significant portion of the maximum load recorded during the current winter, which reached 4,050 megawatts.

It is noteworthy that the highest electrical load ever recorded in the Kingdom took place last August, reaching an unprecedented peak of 4,220 megawatts.

Source: Jordan News Agency

Saturday’s electricity load hits 3,670mwAl-Dabaiba receives the German special envoy to Libya, Christian Bock, and his accompanying delegation

Amman: Jordan’s electrical load reached 3,670 megawatts on Saturday evening, as reported by the National Electric Power Company (NEPCO).

This figure represents a significant portion of the maximum load recorded during the current winter, which reached 4,050 megawatts.

It is noteworthy that the highest electrical load ever recorded in the Kingdom took place last August, reaching an unprecedented peak of 4,220 megawatts.

Source: Jordan News Agency

Prime Minister of the National Unity Government, Abdul Hamid Dabaiba, received today, Sunday, at the Cabinet Office, the German special envoy to Libya, Christian Bock, and his accompanying delegation.

During the meeting, developments in the political situation in the region, especially in Libya’s neighboring countries, were discussed in a way that serves stability in the region, economic cooperation between the two countries and the organization of a number of joint economic activities, especially in the fields of energy and renewable energy, were also discussed.

Al-Dabaiba praised Germany’s role in the Libyan file and its support for any local and international efforts aimed at stabilizing Libya, stressing his commitment to the meeting scheduled to be held by the United Nations Support Mission in Libya with the Libyan political parties and his support for all international efforts aimed at holding elections in accordance with fair laws and ending the transitional stages.

The German envoy expressed his cou
ntry’s support for the efforts of UN envoy Abdullah Batili and Germany’s desire for stability in Libya through the success of the electoral process.

Source: Libyan News Agency

Abu Dhabi Session of Parliamentary Conference on WTO begins

ABU DHABI: Saqr Ghobash, Speaker of the Federal National Council (FNC), inaugurated the Abu Dhabi Session of the Parliamentary Conference on the World Trade Organisation (PCWTO) today at the Abu Dhabi National Exhibition Centre (ADNEC).

The conference was organised by the FNC in cooperation with the Inter-Parliamentary Union (IPU) and the European Parliament (EP), in the presence of Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Chairman of the 13th WTO Ministerial Conference (MC13), as well as a number of ministers and nearly 300 parliamentarians.

In his opening speech, Saqr Ghobash affirmed that any issues agreed on during the PCWTO’s Abu Dhabi Session will make a difference in the lives of people around the world. He added that implementing such agreements promotes hope globally that world nations are capable of going beyond geopolitical barriers to make a tangible impact and facilitate international trade, as well as find practical solutions to ongoing shifts, especially those
related to the exchange of information and data, and the easy movement of goods between global markets, further advancing arrival of the age of open trade.

Likening the WTO’s MC13 to COP28, Ghobash expressed his conviction that MC13 will build extensively on the outcomes and recommendations of the ‘Geneva Package’, the package of agreements secured during the 12th WTO Ministerial Conference, including those on pandemic preparedness, intellectual property rights, and exempting food from export restrictions.

He noted that this conviction is backed by the efforts of the UAE and other countries to ensure that this conference makes a difference in setting the WTO’s path forward, especially in terms of promoting a multilateral trade system and practical solutions to current challenges, such as the exchange of information and challenges that impede global trade.

Ghobash affirmed that governments and competent authorities must align their efforts to enact legislation that sets clear and ambitious goals to be imple
mented within a reasonable time frame to drive investment in sustainable development projects and deal with protectionist trade measures that hinder the trade activities of developing countries.

In his speech, Dr. Al Zeyoudi said, “The past few years have proven the importance and the central role of trade in ensuring the recovery and resilience of the global economy, and at the same time highlighted the implications of low-resilience global supply chains. The free flow of goods and services and the systems that support it should always be a priority for parliaments and political leaders around the world. This conference is an important forum to ensure that legislators are aware of the issues facing global trade and ways to deal with them.”

He welcomed the final statement of the WTO Parliamentary Conference and reiterated the importance of promoting a multilateral global trade system.

For his part, Martin Chungong, Secretary-General of the Inter-Parliamentary Union (IPU), highlighted the global drive to al
ign efforts to promote global trade for the benefit of all countries and peoples.

He commended the UAE’s efforts and facilities to ensure the success of MC13, lauding its excellence in organising international conferences and summits, and following up on the implementation of resulting agreements. He also stressed the importance of cooperation between parliaments and governments to enhance international trade systems, highlighting the key role of the IPU and national parliaments in supporting the WTO’s work and efforts to implement international agreements.

Bernd Lange, Chair of the European Parliament’s Committee on International Trade and PCWTO Co-Chair, highlighted the importance of parliamentarians’ participation in the PCWTO and MC13 to discuss the most pressing issues related to the future of trade.

He explained that parliamentarians play a fundamental role in cooperation with governments, as it is their responsibility to respond to and achieve the aspirations and expectations of the people.

We live
in a world full of political crises, geographical and political issues, and environmental hazards, Lange said, adding that countries of the world must unite around facing these challenges and support the multilateral trade system.

Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation, affirmed that the WTO places special focus on people-centric efforts, noting that trade should be utilised to create jobs and improve people’s lives and livelihoods.

She urged parliamentary institutions to prioritise supporting the WTO in resolving many challenges such as the cost of living and poverty.

The WTO Director-General added that the goals of the WTO are aligned with the drive to find solutions to global challenges, noting that parliamentarians are the link between the WTO and the people. She asserted that, through parliaments, agreements become national legislation and international decisions.

She said that, in addition to implementing the WTO Agreement on Fisheries Subsidies, MC13 will see part two
of the agreement on the fisheries subsidies come to life, besides providing an opportunity to reach reforms on agriculture.

Okonjo-Iweala highlighted the essential role that digital economies play in creating jobs around the world, noting that partnerships are also helping improve global trade, by aiding in the enforcement of dispute settlement decisions.

She pointed out that several developing countries have committed to joining the WTO, and there are 22 countries in the queue wanting to become members.

The Abu Dhabi Session of the PCWTO was organised by the FNC in partnership with the Inter-Parliamentary Union (IPU) and the European Parliament (EP), and saw the attendance of a number of ministers and nearly 300 parliamentarians.

Source: Emirates News Agency