King meets Business Council for International Understanding

New York
19 September 2016

His Majesty King Abdullah on Monday met with the President and CEO of the Business Council for International Understanding (BCIU), Peter Tichansky, and members of the council, and discussed ways to enhance cooperation between Jordan and the BCIU, particularly in the field of activating the relationship between the Kingdom and economic blocs around the world.

His Majesty highlighted Jordan’s economic opportunities and the investment environment, at the regional level, and how the BCIU and companies that fall under its umbrella could benefit from.

During the meeting, it was emphasised that global business partnerships and free trade agreements, which Jordan has, enhance opportunities to take advantage of the Kingdom's attractive business and investment environment, especially in energy, tourism, agriculture, services, information technology and industrial sectors.

The US-based Council is an international organisation that promotes international trade, through helping member companies to engage in the global market, by facilitating their relationship with countries and governments leaders and the business community around the world.

The Council’s president and members voiced their appreciation for meeting with King Abdullah, which constitutes an opportunity to encourage BCIU member companies to access promising economic markets, among which is Jordan.

They hailed Jordan as an “advanced model” in terms of enhancing the investment environment, its security and stability in the Middle East, its geographic location and qualified manpower, which enable it to establish investments that benefit the Kingdom, investors, and the region as a whole.

They also said they are keen to explore investment opportunities in the Kingdom and build partnerships with its private sector and business community.

The BCIU includes as members major American companies operating in the field of energy, services, aviation industry, cars, banks, insurance companies, information technology, telecommunications and other sectors.