The Mission of Amman Chamber of Commerce is to Lead Its Members And The Commercial Sector To A Better Business Environment And More Prosperous National Economy.
Jordanian – British Economic Relations:
The British – Jordanian economic relations date far back in history and are growing steadily in various areas and fields. The relations were established tens of years ago and were continually expanded in the different investment, trade and service fields including trade exchange of goods which is one of the most important and essential components of these relations. Trade exchange with the United Kingdom is one of the most important relations with the European countries with which Jordan has signed the Euro – Med Partnership Agreement intended to regulate, stimulate and liberate trade and services between Jordan and these countries. Yet, there are several agreements of common cooperation which were signed between the British Chambers of Commerce and the Jordanian Chambers of Commerce and Industry.
A quick look at the growing volume of trade exchange between Jordan and UK will reveal that this volume has been increasing continually over the past few years. In 2007, the volume of Jordanian exports to UK amounted to US$ 18.4 million and rose in 2008 up to US$ 20.7 million, and reached US$ 10.3 million in the first seven months of the year 2009. On the other hand, the volume of Jordan's imports from UK was US$ 283.8 million in 2007, and rose in 2008 up to US$ 333.7 million, and reached US$ 194 million in the first seven months of 2009.
Despite the steady expansion and growth of the Jordanian – British trade exchange, we believe that there are broader prospects for increasing the volume of this exchange, and for boosting the economic relations between the two countries through activating the bilateral agreements, signing new agreements in different areas and fields, increasing the level of cooperation and coordination between the private sector institutions in the two countries in the form of exchanging information and legislations which govern their economic and investment environments, encouraging the communication gaps between the merchants and businessmen in the two countries in order to identify available opportunities and prospects for consolidating economic and investment cooperation. We also believe that it is necessary to concentrate on the importance of re-considering some articles and provisions of the Euro-Med Partnership Agreement in order to facilitate and stimulate trade exchange through simplifying the conditions to be met by the Jordanian products exported to UK, specially those related to the rules of origin.
Amman Chamber of Commerce…Highlights:
Acc has been established since 1923 as an organization of public (non profit) and legal status, and is the largest Chamber of Commerce in Jordan. In 1923, The ACC had 40 members, compared to 2800 members by the end of 1960s. The number of ACC members continued to grow steadily to reach more than 30 thousands in early 1980s, until it reached more than 40 thousands in various types of trade and services sectors in the year 2009.
Through its various activities and efforts, The ACC seeks to participate in achieving sustainable comprehensive development in Jordan. The ACC exerts considerable attention and efforts to upgrade the capabilities and skills of its public assembly members, as well as its employees through drawing up, and implementing specialized educational and training programs according to their training needs.
The ACC has numerous relationships with other international Chambers of Commerce all over the world, and has signed many bilateral cooperation agreements with these Chambers to enhance the economic and trade relations with these countries in various fields and sectors.
As an E-Chamber, the ACC has developed technologies and programs needed to keep up with the prevalent e-government. The ACC advocates private-public partnership in order to attain the maximum benefits for the trade and services sector.
ACC Services…
• Participating in proposals and views concerning laws and legislations related to trade and economic activities.
• Drawing up, implementing specialized educational and training programs, and organizing orientation workshops and seminars for the ACC members and employees.
• Organizing counterpart meetings for economic and trade delegations visiting Jordan, in order to explore opportunities and prospects for cooperation.
• Studying and following up the problems facing different trade sectors with the relevant authorities.
• Issuing certificates of origin, guarantees, recommendation letters, and guarantor’s financial capability certificates.
• Providing an electronic site containing a directory of detailed information about the ACC members, along with the latest information on available business opportunities and exhibitions.
• Providing amicable settlements and solutions to trade and disputes both locally and internationally through the ACC arbitration Committee.
• Providing economic references, bulletins, data, and statistics on various economic sectors.
Amman Chamber of Commerce's Objectives:
• To serve members and meet their needs.
• To provide up-to-date market and economic information.
• To encourage international trade.
• To influence economic, commercial and business laws and policies.
• To encourage development of the national human resources.
• To solve business disputes.
• To support small and medium enterprises and encourage innovation businesses.
• To improve the quality and effectiveness of commercial practices.
• To attract domestic and foreign investment.
• To create and nurture an effective communication system.
• To modernize the management and infrastructure of the chamber.
