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Jordan-Qatar trade: Economics trump politics

Regardless of Jordan’s choice to downgrade its diplomatic illustration with Qatar in gentle of the Gulf disaster in June 2017, financial members of the family between the 2 international locations have noticed momentum, making some be expecting that the financial system will re-open the doorways of international relations between them.

Financial delegation

On Sunday, a Jordanian delegation headed through the Chairman of Jordan’s Chamber of Trade, Nael Kabariti, met the Qatar Chamber’s Chairman Sheikh Khalifa Bin Jassim Al Thani in Doha, to speak about cooperation possibilities. The 2 agreed to convene a joint trade council in Amman later this month.

Kabariti stressed out that the blockade imposed on Qatar didn’t have an effect on the industry between the non-public sector of each international locations, estimated at $400m.

Qatar additionally ranks because the third-largest investor in Jordan, with $2bn value of investments, most commonly concentrated within the monetary and actual property sectors.

Diplomatic contacts

Jordanian-Qatari diplomatic contacts had been suspended since remaining summer time, after Jordan recalled its ambassador in Doha and the Qatari ambassador left his submit in Amman.

On this regard, the Jordanian-Qatari members of the family committee within the Jordanian parliament has referred to as a number of occasions to revive complete diplomatic members of the family between the 2 international locations.

Jordanian member of parliament Abdullah al-Akayla instructed Al Jazeera: “There may be relentless parliamentary force at the [Jordanian] executive to revive members of the family with Doha and broaden them, whilst Jordan is matter to immense force to dam it from restoring [full] members of the family with Qatar.”

Akayla additionally stated that Jordan must have prominent members of the family with all international locations, with out taking aspects in geopolitical blocs.

Hoping that the Gulf disaster is resolved within the subsequent months, Akayla stated that, “What took place within the Gulf disaster harmed us and we demanded that Gulf leaders upward push to the demanding situations going through the area.”

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