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JEDCO
is Jordan's official trade development and promotion
organization. Founded in 1972, JEDCO has developed
into a full service support organization for Jordan's
vibrant private sector.
JEDCO's activities cover trade
development and promotion, trade fairs, trade necessary
information services, and human resource development.
JEDCO also provides specialized support services
and advice in areas of packaging, export finance
and in the implementation of trade agreements.
JEDCO’s main
objectives can be summarized as follows:
- Strengthening the position of Jordanian exports’
in traditional markets and expanding exports of
Jordanian products and services to new markets.
- Developing Jordanian exports and assisting
companies in enhancing their competitive advantage
to meet international standards of quality and
price.
- Exploiting the use of information technology
in helping Jordanian exporters.
- Establishing specialized services centers to
support industrial priority sectors.
- Providing training and human resource development
for companies and institutions engaged in exports.
- Establishing and enhancing co-operation between
JEDCO and other trade related organizations world-wide.
- Assisting Jordanian exporters in maximizing
the use of professional export support services
and tools.
Organizational
Structure
JEDCO's shareholders are the Ministry
of Industry and Trade, the Jordan Federation of Chambers
of Commerce and the Amman Chamber of Industry. Its
Supervisory Board is chaired by the Minister of Industry
and Trade. The board is made up of 15 members, 7 from
the public sector and 8 from the private sector. The
Director General of JEDCO reports to the Board, and
manages the daily activities of JEDCO.
JEDCO’s Role in
the Jordanian Economy
JEDCO plays an important role in
implementing government policies to further develop
Jordanian exports. JEDCO also assists to expand the
geographic distribution of exports, and to
improve the quality and value added of Jordanian goods
and services.
In recent years, JEDCO has been
actively involved in assisting Jordanian exports through
its participation in international trade fairs and
exhibitions, along with organizing promotional weeks
and trade delegations. In addition, JEDCO has been
implementing successfully, technical support programs
for manufacturing and service industries, and has
been providing up-to-date trade and export related
information to companies.
JEDCO's support program has significantly
boosted Jordanian exports, and has strengthened Jordan’s
presence in both traditional and non-traditional markets.
JEDCO provides an integrated set
of services for domestic manufacturers, service providers,
and for foreign buyers. These services, which may
be adjusted in line with changing market conditions,
encompass the following:
- Trade Development and Promotion.
- Direct Company Support.
- Information Services.
- Market Research.
- Regional and International Co-operation.
- Trade Related Services, such as Export Finance
and Export Credit Insurance.
- Human Resources Development.
JEDCO’s
Main Activities
Trade
Development and Promotion
These activities represent a vital
part of introducing Jordanian exports to buyers abroad
and to help Jordanian to explore such markets.
JEDCO organizes participation of
exporters in international general and specialized
trade fairs, Jordanian weeks, trade delegations, Europartenariat
and Medpartenariat events. In addition to its trade
representation in selected markets, publishing of
export directories, and offering promotional material.
Participating
in International Trade Fairs
Trade
fair activities represent a key function within JEDCO’s
promotional portfolio through which JEDCO presents
Jordanian products in markets abroad. Trade fairs
also give Jordanian exporters exposure and opportunities
in the international business community, in addition
to gaining better insight about these markets.
Every year, JEDCO organizes the
participation of Jordanian Exporters in up to 20 international
general and specialized trade fairs. JEDCO also organizes
a number of Jordanian promotional weeks in selected
markets. These integrated promotion programs attempt
to reflect the entire scope of Jordan's dynamic growth
and development in areas of industry, tourism and
culture in co-ordination with the appropriate Jordanian
institutions.
JEDCO’s participation in trade
fairs stems from JEDCO’s policy to strengthen
trade relations with regional markets, to support
Jordanian products’ presence in new markets,
and to open channels with promising ones.
Trade
Delegations
JEDCO has been very active in organizing
trade missions abroad and buyer-seller meetings in
selected markets.
In addition, JEDCO has also facilitated
trade delegations to Jordan from Arab and other countries
of the world.
Europartenariat
Events
In 1994, JEDCO was designated as
the National Counselor for the Europartenariat and
Medpartenariat events and since then JEDCO has been
active in organizing the Jordanian participation in
these events.
Promotional
Material
JEDCO pays special attention to promoting
Jordanian exports through the different printed and
electronic media available. In this context JEDCO
issues a number of promotional publications and produces
TV documentaries and videos on Jordanian industries.
JEDCO has also produced a CD ROM which contains the
Jordanian exporters directory and information about
Jordan's economy. Furthermore, JEDCO operates an active
Internet web site, which provides updated information
about JEDCO’s activities, programs, support
services, with profiles of the Jordanian major exporters.
Trade
Centers Abroad
Following the successful establishment
of trade centers in regional markets, JEDCO has expanded
its network to North America and Europe.
These centers provide Jordanian
exporters with information services, promotional facilities
and links with local buyers and investors. They also
provide basic information and referral services to
local buyers, and may assist in major promotional
events that JEDCO conducts in these markets.
Currently, JEDCO operates a network
of trade centers in Algeria, Belgium, Iraq, Palestine,
USA, and Yemen. JEDCO also co-ordinates commercial
activities with commercial counselors at Jordanian
embassies.
Direct
Company Support (Technical Assistance)
The partnership agreement Jordan
signed with the EU, The Free Trade Agreement with
the USA, as well as Jordan’s accession to the
WTO provide Jordanian exporters with substantial opportunities.
The agreements also represent a considerable challenge
to producers in Jordan. This means that international
standards, product quality, design, packaging and
labeling have become key requirements to compete locally
and internationally. JEDCO has adopted policies and
action programs to assist Jordanian exporters to meet
these requirements and to enhance their competitive
edge.
Industrial
Studies
JEDCO has prepared a number of sectoral
studies covering Printing, Packaging Industries, Clothing
and Textiles, Food Processing, Engineering, and Traditional
and Handicrafts Industries.
The studies aim at the evaluation
of the industrial sectors with respect to their technical
capabilities. These studies also uncover the main
barriers facing their exports, identify priority sectors,
and prepare action plans to improve their overall
performance and international competitiveness.
Direct
Technical Services
JEDCO is actively engaging in assisting
companies in developing their production systems,
installing management and quality systems, and preparing
business plans. These projects are carried out by
either JEDCO’s technical staff or by local or
foreign consultants. Companies can also benefit from
services provided by experts from senior volunteers’
organizations with which JEDCO has co-operation agreements.
These organizations include NMCP in the Netherlands,
ECTI in France, BESO in the UK, SES in Germany, and
ASI in Italy.
Specialized
Services Centers
JEDCO has been involved in developing
a number of service centers for Jordanian industry.
JEDCO has established the Institute of Packaging and
Jordan Numbering Association (EAN Jordan) and has
been involved in developing the set up of a design
center for the textile and clothing industry. These
centers are to provide specialized consulting services,
training programs, design services, testing, and information
services to Jordanian enterprises.
The
Institute of Packaging
JEDCO, in co-operation with the
Institute of Packaging (IOP) in the UK, has established
the IOP Jordan branch. The branch has members from
the industry and is managed by an elected board from
the private sector. Three committees: the public relations
committee, the education and training committee, and
the membership committee, are in charge of the different
activities of the branch, which are:
- Co-ordinating the IOP UK’s “Diploma
in Packaging Technology” open-learning program
in Jordan.
- Designing and organizing training courses, seminars,
and conferences.
- Providing consulting services to Jordanian enterprises.
- Developing an information resource library.
- Co-operating with local and foreign institutions
to exchange knowledge and expertise in the printing
and packaging fields.
Jordan
Numbering Association (EAN Jordan)
In June 1997, JEDCO signed the membership
agreement with EAN International in Brussels to establish
EAN Jordan, joining member Numbering Organizations
in more than 90 countries.
Since then, EAN Jordan has become
the official Jordanian body to allocate EANlUCC international
barcode numbers to Jordanian enterprises upon becoming
members of EAN Jordan.
The role and functions of EAN Jordan
are principally as follows:
- To make available the EAN technical specifications
and the EANCOM manual.
- To provide technical support, guidance, and
training to its member companies on the different
EANl UCC standards and their applications.
- To act as an interest group on behalf of its
members.
- To inform trade and industry about the EANlUCC
system by building awareness, education and promotion
that emphasises the “global aspect”
of EANlUCC standards and that it is the total
solution for the whole supply chain.
- To liaise with equipment and film master suppliers,
packaging designers, and printers to ensure they
understand what is required regarding the production
and printing of EAN symbols.
Information
Services
JEDCO’s keen interest to continuously
improve its information services has been influenced
by the rapid developments of e-commerce and information
technology world-wide. This resulted in the establishment
of the Information Center at JEDCO, which has eventually
become a focal point for a number of international
information networks. The Information Center provides
all the necessary and timely information Jordanian
exporters may need about other markets as well as
the possibility to promote Jordanian products and
services within these markets. The Information Center
offers its services through the following:
- Inter Arab Trade Information Network
(IATIN)
This network was established with the finance
of the Arab Trade Financing Program (ATFP) and
the United Nations Development Program (UNDP)
to enhance trade relations between the Arab countries.
JEDCO was designated as the focal point for network
in Jordan to provide information on:
- Importers and exporters from the different
economic sectors in the Arab countries.
- Product profiles including product specifications,
export capacity, prices, and rules and regulations
governing the exchange of goods and services
between the Arab countries.
- Import, export, and joint-venture opportunities
between Arab countries.
- Customs duties and other taxes imposed
by Arab countries on imports.
- Other relevant information.
- Trade Information Network for Islamic
Countries (TINIC)
TINIC was established as part of the Mecca declaration
of the Third Islamic Summit held in Saudi Arabia
to enhance co-operation between Islamic countries
in all fields. JEDCO was designated as the focal
point for this network in Jordan, which provides
the following information:
- Laws governing trade exchange between the
Islamic countries.
- Company directories.
- Bilateral and multilateral agreements between
the Islamic countries.
- External trade statistics of member countries.
- Import, export, and joint-venture opportunities
between the Islamic countries.
- Other relevant information.
- International Technology and Trade Network
(ITTN)
This network was initiated and sponsored by the
US Department of Commerce to promote cross-border
trade and economic development in the Middle East
and North Africa (MENA) region. ITTN helps to
increase regional business and facilitates overall
international trade and business development between
companies in the MENA region and the USA. Companies
can directly access ITTN through its internet-based
communications platform, by submitting information
about their businesses and specifying the desired
co-operation. The ITTN offers a good source of
trade opportunities and economic information about
participating countries.
- Amman Trade Point (ATP)
Amman Trade Point was established at JEDCO in
co-operation with the United Nations Conference
on Trade and Development (UNCTAD). It is part
of a network of some 160 Trade Points in over
106 countries, interconnected in the Global Trade
Point Network (GTPNet) in Geneva. This network
facilitates communication across borders and provides
easy access to a wide range of international databases.
The objective of establishing ATP was to have
a one-stop-shop that can offer Small and Medium
Size Enterprises (SMEs) a comprehensive and integrated
set of services related to international trade
such as importers and exporters addresses, shipping
information, banking transactions, insurance and
guarantees facilities.
ATP provides the following services and information:
- Identification of trade opportunities.
- Promotion of Jordanian companies globally.
- Information on all exports procedures in
Jordan.
- Information on insurance, shipping, banking,
and customs.
- Accurate and timely information on potential
export markets.
- Library
JEDCO’s
fast expanding library has more than 9000 documents
and reference material, including books, periodicals,
statistical reports, specialized studies, and
trade directories for Jordanian exporters to refer
to when analyzing target markets.
The library provides its services to Jordanian
exporters and researchers from private and public
sector organizations, who can visit the library
and obtain the information needed.
The library has a number of databases available
on CD ROMs covering exporters, importers, foreign
trade statistics, and trade regulations in countries
in Europe, America, Asia and the Middle East.
Some of the important databases available are:
KOMPASS, EUROSTAT, PC/TAS, EU OFFICIAL JOURNAL
and NATIONAL TRADE DATA BANK (NTDB).
Companies
and JEDCO’s Website
JEDCO designed a website, which provides
comprehensive and updated information about its activities,
projects, and services. The website hosts, among others,
the Jordanian Business Directory of more than 1250
companies from 19 different industrial sectors as
well as 200 service companies from the IT, business
consulting, construction, and banking sector. The
website also contains economic information, statistics
on external trade, and links to useful Jordanian websites.
The home pages for EAN Jordan, EICC Jordan, IOP Jordan,
and Amman Trade Point can be accessed from JEDCO’s
main Website. The addresses of these websites are
as follows:
Market
Research & Analysis
A crucial factor which influences
the success of finding a niche in target markets is
the availability of accurate, up-to-date and comprehensive
information pertaining to these markets. Bearing this
in mind, JEDCO provides Jordanian businessmen with
market surveys, market studies, and product surveys
of targeted markets. These studies and surveys are
usually conducted by JEDCO’s specialized researchers,
sometimes by subcontracted local and international
consultants to assess the opportunities of Jordanian
products in targeted markets.
These studies provide comprehensive
information about selected markets, including specific
export potentials, economic, social, and political
trends. JEDCO undertook more than 50 market studies,
covering selected markets in North and South America,
West and East Europe, Asia, Africa, and the Middle
East.
Regional
and International Co-operation
JEDCO has always been keen in enhancing
its ties with international trade related organizations.
This is done to benefit from their services in export
promotion, exchange of expertise and information,
training programs, and technical assistance.
JEDCO has over the past few years
concluded a number of bilateral co-operation agreements
with similar international trade promotion organizations
such as: Algerian External Trade Development Council,
Tunisian Export Promotion Center, Egyptian Export
Promotion Center, Moroccan Export Promotion Center,
Syrian Foreign Trade Center, Yemen Higher Council
for Export Promotion, Iran Export Promotion Center,
Arab Libyan Import and Export Corporation, Palestine
Trade Center (Paltrade), China External Trade Development
Council (CETRA), Hellenic Export Promotion Organization
(HEPO), Associazione Piemontese Consorzi Esportazione
(APCE), Malaysian External Trade Development Corporation
(MATRADE), Indonesian National Agency for Export Development
(NAFED).
JEDCO also enjoys good relations
with international import promotion organizations.
Where, it currently supports the participation of
Jordanian SMEs in training and promotional programs
organized by the Center for the Promotion of Imports
from Developing Countries (CBI) in the Netherlands,
Japan External Trade Organization (JETRO), and the
Swiss Office for Trade Promotion.
Also, JEDCO has signed co-operation
agreements with international senior volunteers’
organizations to provide expert services to the local
industry. These organizations include: Netherlands
Management Consultancy Program (NMCP), German Senior
Expert Services (SES), Japanese Senior Volunteers
Program (SVP), French Senior Experts Services (ECTI),
and the British Executive Services Organization (BESO).
In addition, JEDCO developed distinguished
relations with international institutions such as
GTZ / PROTRADE, United Nations Conference on Trade
and Development (UNCTAD), Islamic Development Bank
(IDB), International Trade Center (ITC), and Arab
Trade Financing Program (ATFP). JEDCO also work to
cement its relations with the commercial sections
of foreign embassies in Jordan.
Trade
Services
In addition to trade promotion and
development services, information services and related
support programs, JEDCO also facilitates export finance
and export credit guarantees for exporters.
Export
Finance Schemes of the Islamic Development Bank (IDB)
JEDCO provides several long-term
export finance schemes to Jordanian exporters wishing
to export to member countries of the Organization
of the Islamic Conference (OIC). Export finances can
be directly processed through JEDCO for contracts
not exceeding US $ 3 Million through a US $ 4 Million
exports finance scheme or forwarded to the IDB for
contracts above US $ 3 Million. These schemes aim
at promoting Jordanian exports to OIC member countries
and certain non-member countries such as members of
the Organization for Economic Co-operation and Development
(OECD) and some African countries.
Export
Credit Guarantee Scheme of the Inter-Arab Investment
Guarantee Corporation (IAIGC)
JEDCO has signed an agreement with
the Inter-Arab Investment Guarantee Corporation in
Kuwait to promote their Export Credit Guarantee Schemes
to Jordanian exporters. The agreement is implemented
to encourage and support Jordanian exporters to enhance
exports to the Arab Markets. This should result in
increasing the volumes of inter-Arab trade where various
types of guarantee contracts against commercial and
non-commercial risks are offered. Such schemes provide
protection against non-payment risk and facilitate
finance from commercial banks in Jordan.
Trade
Agreements
A complete database of all agreements
of commercial and trade nature that Jordan has entered
with other countries in the world can be directly
accessed through JEDCO's web page. Companies from
Jordan and from other countries can obtain accurate
and up to date information on the advantages and facilities
that these agreements can offer them. The website
has all agreements listed whether they are multilateral
agreements such as the Partnership Agreement between
Jordan and the EU, the Arab Free Trade Agreement,
and the Qualifying Industrial Zones; or bilateral
agreements including trade agreements, investment
promotion and protection, prevention of customs duplication,
transport, and standards and metrology agreements.
The address of the website is: http://www.agreements.jedco.gov.jo
Human
Resource Development
JEDCO has recognized that human element
plays a pivotal role in the success of any industrial
or service activity; it is in fact one of the pillars
that secures the development of the Jordanian economy.
JEDCO’s human resource development policy draws
on this fact and also on developments in world trade.
As such, JEDCO designs and organizes training programs
for staff and exporters on international marketing,
promotion, EU Partnership agreement, WTO agreement,
technical requirements in export markets, management
systems, e-commerce, information technology, industrial
design, and packaging to name a few.
To ensure the provision of efficient
and effective, professional services to Jordanian
businesses, JEDCO continues to invest and to develop
its skilled employees and to enhance their qualifications
and knowledge.
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