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EU-Jordan trade: rules of origin made simple to boost investment and job creation
The EU and Jordan reconfirmed their solid partnership, strengthening their relations on political, security, trade and cooperation matters, at the 10th EU-Jordan Association Committee in Amman this week. In the margins of the meeting, a decision was reached to simplify the rules of origin that Jordanian exporters use in their trade with the EU.
This measure will allow producers in Jordan to use an alternative, more relaxed set of rules of origin for exports to the EU, provided a number of conditions are met. It will boost investment and create jobs for Jordanians, but also Syrian refugees the country is hosting. It is part of the EU's support to Jordan, including in response to the impact of the Syrian refugee crisis on the country and another positive step forward towards the finalisation of the partnership priorities and compact.
The new scheme will apply to 52 product groups for ten years. It will cover a wide range of manufactured products and be available to producers in 18 specified industrial areas and development zones which employ a minimum percentage of Syrian refugees.