Jordan is a country in Western Asia. It is surrounded by Palestine and Israel to the west, along the Jordan River and the Dead Sea, Saudi Arabia to the south, Iraq to the east and Syria to the north, with access to the Gulf of Aqaba on the Red Sea. Jordan covers 88,794 square kilometres and has a population of 10 million with a GDP of 40 billion dollars.
Bilateral trade between France and the Hashemite Kingdom of Jordan reached 127.1 MEUR in the first half of 2018. This trade remains largely in favour of France, with a surplus of MEUR 100.6, but down by 16.6% compared to 2017. This lacklustre performance is explained in particular by the 16.7 MEUR drop in our exports (-12.8%) in 2018. Conversely, Jordanian exports to France increased (+33.6%) by MEUR 3.3.
Although the Jordanian economy is primarily based on the tertiary and secondary sectors, the country owes its GDP primarily to industrial production (exploitation of raw resources, cement works, oil refineries). Infrastructures, however, play a major role within Jordan, due to the intersection of two major traffic routes. The booming tourism industry should not be neglected in such a study, attracting assets and business activities.
Jordan is one of the few countries in the Middle East that is not so dependent on its natural resources due to the scarcity of hydrocarbon and water resources. Nevertheless, it is also one of the countries most committed to financial reforms in its region (privatisation, tax reforms, opening of the banking sector, etc.).
In order to best meet the needs of its clients in the Jordanian market, Simon Associés has developed relationships with renowned economic and legal partners in the country