AMMAN: Prime Minister Narendra Modi and Jordan’s King Abdullah II on Tuesday pledged to use the 75th anniversary of diplomatic ties between their two nations as a springboard to double bilateral trade to USD 5 billion over the next five years.
Marking a historic milestone in bilateral relations, Prime Minister Modi and King Abdullah II addressed the India-Jordan Business Forum in Amman, laying out an ambitious roadmap to transform the economic landscape between South Asia and West Asia.
The Forum, held during the Prime Minister’s landmark visit to Jordan, was attended by HRH Crown Prince Hussein alongside senior ministers and top industry captains from both nations.
In a strategic vision for the region, King Abdullah II highlighted that the synergy between Jordan’s expansive Free Trade Agreements (FTAs) and India’s burgeoning economic power could serve as the foundation for a massive trade artery.
“Jordan’s unique position and our trade agreements, combined with India’s economic prowess, can create a powerful economic corridor connecting South Asia to West Asia and beyond,” His Majesty noted, inviting Indian industry leaders to view Jordan as a “red-carpet” gateway to global markets.
Prime Minister Modi echoed this sentiment, describing Jordan as a “vibrant contemporary partner” and a vital bridge for regional growth. He underscored India’s trajectory toward becoming the world’s third-largest economy, driven by an 8 per cent growth rate and innovation-led governance.
Addressing a packed audience of business leaders from sectors ranging from renewables to defence, PM Modi invited Jordanian firms to tap into India’s 1.4 billion consumer market.
“India and Jordan can join hands to become trusted supply chain partners for the world,” the Prime Minister stated. “Our stable, transparent, and predictable policy environment offers immense opportunities for partners who want to grow with us.”
The leaders identified several “new-age” sectors for immediate cooperation to complement traditional trade in fertilizers and phosphates:
Digital & Tech: Integration of India’s Unified Payments Interface (UPI) with Jordan’s digital payment systems.
Healthcare: Leveraging India’s pharma strength and Jordan’s geography to create a medical hub for Africa and West Asia.
Green Energy: Joint ventures in green hydrogen, desalination, and water recycling.
Agriculture: Development of food parks and cold-chain infrastructure to ensure food security.
The PM also highlighted business opportunities for the two sides in the areas of agriculture, cold chain, food parks, fertilisers, infrastructure, automobile, green mobility and heritage and cultural tourism.
The Forum also saw active participation from the Federation of Indian Chambers of Commerce & Industry (FICCI) and the Jordan Chamber of Commerce, who are working under an existing MoU to streamline B2B interactions. As the visit concluded, both leaders reaffirmed that the “civilisational ties” between the two nations have now matured into a strategic economic engine, poised to drive prosperity for the next generation.
India and Jordan strengthened their bilateral partnership with the signing of multiple Memoranda of Understanding (MoUs) including on: Technical Cooperation in the Field of New and Renewable Energy, Cooperation in the field of Water resources Management & Development, Twinning Agreement between Petra and Ellora, Renewal of the Cultural Exchange Programme for the years 2025-2029, and Letter of Intent on Cooperation in the field of sharing successful digital solutions implemented at population scale for digital transformation.
Agencies