Egypt’s Prime Minister Mostafa Madbouly
The committee meeting will see the signing of a number of documents and memorandums of understanding in different fields, including health, vocational training, planning, media, insurance, and social affairs, the Egyptian Cabinet said in a statement.
Madbouly is heading a high-level delegation, including the ministers of electricity, renewable energy, petroleum, and mineral resources to participate in the 31st session of the committee, which has worked to enhance Jordanian-Egyptian cooperation since 1985.
The prime minister's delegation also includes the ministers of health, planning, international cooperation, transport, trade and industry, and labour, said the statement.
Fields of cooperation
Preparatory meetings for the committee have agreed on a number of cooperation documents that are expected to be signed by the two states, particularly in labour, health, environment, culture, and financial control, the Egyptian Ministry of International Cooperation said on Sunday.
The meetings also stressed the need to enhance cooperation in the natural gas industry and to exchange expertise in green hydrogen technology, the international cooperation ministry added.
Egypt also hopes that the committee will agree to boost Egyptian-Jordanian trade and increase bilateral investments, Minister of International Communication Rania Al-Mashat said as she co-chaired the preparatory meetings.
For his part, Jordanian Minister of Industry, Trade, and Supply Yousef El-Shamali told Egypt's state news agency MENA that the committee session will also discuss promoting the two countries trilateral cooperation with Iraq as well their four-way partnership with the UAE and Bahrain.
Trade and investments
Trade exchange between Egypt and Jordan reached $894 million over the first 11 months of 2022, a 7.2 percent increase over the same period of the previous year, according to data released by the Egyptian official statistical agency CAPMAS.
Jordanian investments in Egypt also surged to $52.5 million during the fiscal year 2020/2021, an increase of 130 percent over the previous year.
Meanwhile, Egyptian investments in Jordan have totalled around $1 billion, mainly in finance, trade and tourism, Jordanian Ambassador to Egypt Amjad El-Adayleh told MENA in an interview published on Saturday.