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UNCTAD and ASEZA sign a Memorandum of Understanding

Coop to be strengthened via Aqaba Centre of Excellence

06 February, 15:01
UNCTAD and ASEZA sign a Memorandum of Understanding (ANSA) - Aqaba, February 6 - The Deputy Secretary-General of UNCTAD, Petko Draganov, has signed a memorandum of understanding (MoU) with the Chief Commissioner of the Aqaba Special Economic Zone Authority (ASEZA), Dr. Kamel Mahadin.

The Deputy Secretary-General of UNCTAD and the Chief Commissioner stressed the importance of UNCTAD's role as the United Nations' key agency to address trade and development issues, and the interrelated issues of finance, technologies, investments, services and sustainable development.

They also highlighted ASEZA's important role in strengthening regional trade and economic co-operation, and integration into the international trading system in the interests of sustainable development.

The MoU is aimed at strengthening cooperation between the two organizations through the Aqaba Centre of Excellence (ACE). Both parties also outlined some of the prospective areas for cooperation.

These included - strengthening trade-facilitation e-Government initiatives and economic cooperation; promoting the concept of electronic single-window systems and creating favorable conditions for the activities of economic operators; integrating the processes for customs, transport and other forms of state controls at the borders; developing solutions utilizing modern and efficient information and communication technologies.

"The memorandum is an important and timely step," said Mahadin at the signing ceremony.

"ASEZA has recently been nominated to chair a new private-public-partnership committee tasked with enhancing the investment climate" he added. He also noted the important role of UNCTAD as a global forum, which develops recommendations in the areas of trade and investment.

In 2013, the Aqaba Center of Excellence organized eight high-level ASYCUDA training sessions (with 57 trainees), 13 local community training sessions (300 trainees), and two regional workshops on the UNECE Trade Facilitation Implementation Guide.

In addition, ACE organized the Second Conference for Trade and Transport Facilitation with the participation of the Jordanian private sector, important executives and ministries and more than 50 international participants.