Jordan, Turkey mending fences over trade agreement dispute
During a time of shifting alliances, Ankara views Jordan as an important potential ally — which no doubt has been a factor in Turkey's decision to renegotiate a free trade pact that Amman says favors Turkey.
Jordan said April 1 that it will reconsider its decision to suspend its free trade agreement with Turkey if Ankara agrees to specific conditions. The agreement has been in effect since early 2011.
Last month, Jordan announced it would suspend what it termed a lopsided free trade agreement beginning in September unless the two sides can iron out their differences. The Jordanian Ministry of Industry, Trade and Supply said the decision was necessary to “avoid further negative effects on the Jordanian industrial sector in light of unequal competition.”
