Preferential trade agreement to be signed with Jordan to boost trade

Published February 6, 2026
Commerce Minister Jam Kamal Khan and Jordan’s Minister of Industry, Trade and Supply Yarub Qudah exchange the signed protocol for the 10th session of the Pakistan-Jordan Joint Ministerial Commission (JMC), in Islamabad on Feb 5. — PID
Commerce Minister Jam Kamal Khan and Jordan’s Minister of Industry, Trade and Supply Yarub Qudah exchange the signed protocol for the 10th session of the Pakistan-Jordan Joint Ministerial Commission (JMC), in Islamabad on Feb 5. — PID

ISLAMABAD: Pakistan and Jordan have agreed to move toward a preferential trade agreement (PTA) and broaden bilateral cooperation across various sectors, marking a shift toward deeper economic engagement between the two countries.

The two countries signed the protocol to translate long-standing historical, political and diplomatic ties into measurable economic and institutional outcomes. The protocol was signed at the sidelines of the 10th session of the Pakistan-Jordan Joint Ministerial Commission (JMC), held on Feb 4-5.

The JMC was co-chaired by Pakistan’s Minister for Commerce Jam Kamal Khan and Jordan’s Minister of Industry, Trade and Supply Yarub Qudah. Both sides agreed significantly expand bilateral cooperation across 16 priority sectors, ranging from trade, finance and industry to climate change, maritime affairs, health, technology and education.

The session marks a renewed push and a milestone to operationalise cooperation under the JMC framework established in 1975. Commerce Minister Jam Kamal said that the JMC reflected the shared resolve of both countries to pursue result-oriented cooperation, particularly in trade, investment and private-sector engagement. As a significant outcome, the two sides agreed to initiate consultations on a PTA aimed at improving market access and reducing trade barriers.

A Joint Working Group on Trade and Investment will lead the process, alongside efforts to activate the Pakistan–Jordan Business Council and promote business-to-business linkages. The JMC also welcomed the signing of a Memorandum of Understanding on Information Technology and Telecommunications, aimed at fostering cooperation in digital innovation, technology services and collaboration between the ICT sectors of both countries.

The JMC agreed to strengthen cooperation in banking and finance, including collaboration between central banks, and to expand engagement across industry, agriculture, halal standards, education, skills development, healthcare, climate change, energy, mining, maritime affairs, media, culture, and tourism through institutional linkages and joint working groups.

Secretary, Ministry of Economic Affairs, Muhammad Humair Karim Kidwai, underscored the importance of structured follow-up mechanisms to ensure effective implementation of the agreed decisions. The breadth of cooperation reflects a shared commitment to structured follow-up and implementation.

Both sides expressed their commitment to holding the JMC regularly as a key institutional mechanism to strengthen Pakistan–Jordan economic cooperation further. Pakistan and Jordan have agreed to enhance collaboration in diverse sectors.

Speaking on the occasion, Jordanian Minister for Industry and Trade Yarub Qudah expressed a strong desire to enhance bilateral relations with Pakistan. He was confident that this year would see a breakthrough in trade and economic ties. He said the two sides have agreed to establish a working group which will work on different sectors.

Minister for Commerce Jam Kamal said both countries enjoy brotherly relations and want to transform this relationship into strong economic ties. He said the two sides have agreed to enhance cooperation in trade and investment, industries, banking and finance, agriculture, higher education, vocational training, maritime, energy and minerals.

Published in Dawn, February 6th, 2026

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Removing subsidies
Updated 09 May, 2026

Removing subsidies

The government no longer has the budgetary space to continue carrying hundreds of billions of rupees in untargeted subsidies while the power sector itself remains trapped in circular debt, inefficiencies, theft and under-recovery.
Scarred at home
09 May, 2026

Scarred at home

WHEN homes turn violent towards children, the psychosocial damage is lifelong. In Pakistan, parental violence is...
Zionist zealotry
09 May, 2026

Zionist zealotry

BOTH the Israeli military and far-right citizens of the Zionist state have been involved in appalling hate crimes...
Shifting climate tone
Updated 08 May, 2026

Shifting climate tone

Our financial system is geared towards short-term, risk-averse lending, while climate adaptation and green infrastructure require patient, long-term capital.
Honour and impunity
08 May, 2026

Honour and impunity

THE Sindh Assembly’s discussion on karo-kari this week reminds us of the enduring nature of ‘honour’ killings...
No real change
08 May, 2026

No real change

THE Indian sports ministry’s move to allow Pakistani players and teams to participate in multilateral events ...