- Amman and Kuala Lumpur Chambers of Commerce signed a Letter of Intent
- Focus areas include pharmaceuticals, healthcare, tourism, food, energy, and more
- Bilateral trade reached JOD 77 million in H1 2025
The Amman and Kuala Lumpur Chambers of Commerce signed a "Letter of Intent" via a virtual seminar centered on strengthening economic cooperation between Jordan and Malaysia. Nabil Khatib, Vice-Chairperson of the Amman Chamber of Commerce (ACC); and Ahmad Hussein Tajuddin, President of the Kuala Lumpur Chamber of Commerce, signed the letter.
The seminar, sponsored by the ACC and the Malaysian Embassy in Jordan, saw participation by public and private sector officials from industries and services, such as governments, pharmaceuticals, health, tourism, food (agriculture), and Jordan's Ministry of Investment.
The Jordan Malaysia agreement aims to strengthen Jordan Malaysia economic cooperation across multiple sectors. The deal is expected to boost Jordan Malaysia trade deal opportunities, reinforce bilateral economic ties, and encourage a long-term Jordan Malaysia investment partnership.
Khatib proposed that a Jordanian-Malaysian Business Council be established to promote investment, trade, and joint ventures in Jordan, stressing that Jordan is a secure investment environment, while Malaysia lends an edge under the program of Economic Modernization Vision.
He noted the need to increase Jordanian imports of Malaysian goods but expand Jordan's exports of pharmaceuticals, fertilizers, agricultural products, and food. He suggested sectoral meetings in chemicals, jewelry, cosmetics, and electronics.
Muhammad Nasri bin Abdul Rahman, Malaysia’s Ambassador, emphasized the agreement as embodied by both countries commitment to engage themselves in economic cooperation.
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He noted that trade between Jordan and Malaysia has increased by 29.4 percent over the past five years. Tajuddin said collaboration is important in order to increase the trade exchange and shared experiences between business communities.
Participants also identified opportunities in specific sectors. Bahjat Hamdan, Second Vice Chairman of ACC, identified Jordan’s potential in engaging in religious, educational, and medical tourism, including "Umrah Plus", and Tamara Qabar from the Ministry of Investment identified some of the priority sectors and the advantages for investors in these sectors.
Hanan Saboul noted the pharmaceutical sector in Jordan exports 75 percent of its value of $862 million to 80 countries, and Ahmed Khalili identified that palm oil and food products made up 27 percent of bilateral trade in 2024. Hanna Zaghloul stressed the importance of renewable energy projects, and Mohammed Qasem identified opportunities to provide training in tourism.
Official data shows that Jordan-Malaysia trade was around JOD 77 million in the first six months of 2025, showing that economic engagement is increasing and that both sides anticipate future collaboration.