LONDON – Israel announced on Sunday that it would speed up the process of establishing a joint industrial zone with Jordan.
The decision to expedite the development and operation of the Jordan Gateway park was made to strengthen collaboration with Jordan, according to the government.
The idea was first proposed during the 1994 Jordan-Israel Peace Treaty negotiations. The initiative’s final details were discussed last week during Lapid’s visit to Amman, where he met with King Abdullah II.
“Twenty-eight years since the peace agreement with Jordan, we are taking the good neighborly relations between our two countries another step forward,” Israeli Prime Minister Yair Lapid said.
“This is a breakthrough that will contribute greatly to developing and strengthening the region. The final details regarding this initiative were addressed last week during my visit with King Abdullah II in Amman.”
According to Lapid, the effort will increase employment in both nations, promote economic and diplomatic connections, and strengthen Jordan-Israel friendship.
“This is a border joint industrial zone.” It will enable direct communication between Israeli and Jordanian enterprises and businesspeople. It will result in collaborative endeavors in commerce, technology, and local industry.”
The government noted that while assigning funding for completion, the urgent building of an entrance facility and the necessary infrastructure for operating the park would be assessed.
