Agreements signed during the State visit of His Majesty
King Abdullah II to India on 1st December,2006
(New Delhi; December 2, 2006)
1. Cultural Exchange Programme :
CEP provides for exchange of exhibitions of contemporary art between the two
countries, exchange of experience in the method and technique of conservation of
cultural property, exchange of artistes, materials on literary works,
publications, and audio visual materials; observation of each others’ National
Days by broadcasting special Radio/TV programmes; encourage youth organizations
to carry out exchanges and cooperation in youth affairs.
2. Agreement on Tourism :- To coordinate tourism activities in accordance
with the rules and regulations in force in each other country by exchanging
information and expertise; encourage organization - management and operation of
tourism business in training their staff; facilitate the import and export of
materials and documents for publicity; setting up of working group from each
side to implement the agreement.
3. MOU on Agriculture :-
MOU on Agriculture encompasses exchange of information and experience on
agricultural policy and economics, horticulture and coordinated efforts in
dealing with International Trade Agreements; exchange of information on
agricultural scientific research and technology transfer between respective
institutions including training programme; cooperation and collaboration in
plant health and modernization of plan quarantine facilities; establishment of
Agricultural, Technical Committee to prepare work plan for cooperation and
meeting of the committee once in three years.
4. Agreement on Bilateral Investment Promotion and Protection (BIPPA):-
This agreement was signed on account of recognition that promotion of
investments and reciprocal protection of investments will be conducive to the
stimulation of individual business initiatives and will increase prosperity in
both states.
India has invested USD169.5 million in a joint
venture for setting up of phosphoric acid plant between SPIC of India and JPMC
of Jordan, which was commissioned in July, 1997. Larson and Tubro formed a joint
venture with a local company to execute the Abdoun stay bridge project in Amman,
valued at USD 17 million. Other Indian investment include garment factories in
industrial states at different locations valued at USD 17 million. SPIC has
recently announced doubling of its investment in Jordan.
New areas identified for joint investments includes investments in the field of
phosphates, mining (of phosphates) and development of railway infrastructure.