On Tuesday Dr. Nael Al-Hussami, Director General of the Amman Chamber of Industry, delivered a lecture titled "The Global Economic Environment and It

10/31/2023

10/31/2023

 

 On Tuesday Dr. Nael Al-Hussami, Director General of the Amman Chamber of Industry, delivered a lecture titled "The Global Economic Environment and Its Impact on the National Economy." The lecture was presented to scholars in the 21st Defense and 7th Master's Program in Strategies for Countering Extremism and Terrorism. The lecture was attended by the college commander and the head and members of the directing staff.

 

He stated that more than 45% of Jordanian imports are raw materials, goods, and intermediate goods for manufacturing purposes. This is due to the scarcity of natural resources in Jordan and its need to import to cover this deficit.

 

He explained that at the beginning of the third millennium, the Kingdom adopted a policy of open trade by joining the World Trade Organization in 2000. This agreement constitutes an international umbrella that helps Jordan protect its economic interests from any negative effects resulting from the development of new concepts for regional cooperation among the member states. This agreement has thus increased investment flowing into the Kingdom, doubling the size of the gross domestic product and foreign trade.

 

At the end of the lecture, the lecturer answered all questions from the audienc