Trade ministry forms committee to look into dairy products costs

Amman, Minister of Industry, Trade and Supply, Tarek Hammouri, announced the ministry has formed a committee from different sectors to determine production costs and profit margins for the dairy products to make the “appropriate” decision.

During a meeting with the board of directors of the Jordan Chamber of Commerce (JCC) on Wednesday, Hammouri said: “the ministry does not set prices and does not sell goods,” but monitors the market to address any pricing distortions.

During the past years, he noted the regional circumstances imposed many difficulties on Jordan, which it did not cause, and led to “difficult economic conditions”, adding the Kingdom is trying to find solutions to the challenges it is facing.

The Kingdom’s exports are increasing and achieving good growth compared to the region’s countries, with an increase of 6 percent in the first third of 2019, against the same period last year, he pointed out.

The ministry solved several challenges facing the various economic sectors through meetings with their representatives, as they are related to procedural problems, he noted, calling ion the JCC to identify the obstacles that affect the trade sectors to hold a plenary session of all stakeholders to discuss ways to address them.

For his part, Chairman of the JCC, Nael Kabariti, said the trade sector is keen to support the components of the national economy to reach a prestigious position.

“There must be clarity in all decisions regarding the trade sector to help it import goods to the local market swiftly at lower costs, and provide them to citizens at acceptable prices,” said Kabariti.

Source: Jordan News Agency