Journal of International Business and Economics

Indo-Jordan Economic Relations
Dr. Mamoun Shakatrah, Prof. Basem Lozi

Abstract
The purpose of this paper is to analyze the economic growth of Jordan and India in terms of their integration in the global economy. An analytical, descriptive methodology approach was followed in this research, as it is suitable to the objectives of the research. A systematic method for data analysis is implemented to investigate and explain the trade relations between Jordan and India. The secondary data obtained from various authentic sources. The present study covers the period of 2009-2018. The results of the study showed that the trade relations between Jordan and India are guided by the principle of the most favored nation treatment. The Indo - Jordan trade is developing based on trade agreements. The trade agreements between the two countries have led to the stabilization and promotion of exports to the stability of prices and guarantee of the permanent supply of goods required by the Jordanian economy as well as Indian economy. Moreover, Jordan is not facing the problem of deficit in trade balance while trading with India. India being a growing industrial power with many potentialities can provide a helping hand to Jordan in a big way. In the light of Jordan-India trade policy, bilateral trade agreements, growth of Indo-Jordan trade and commodity composition the researcher suggests many recommendations for trade expansion between the two countries.

Full Text: PDF     DOI: 10.15640/jibe.v8n1a2