A
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Pastries, Chocolates
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B
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C
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D
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Computer Systems
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E
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M
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O
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P
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R
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S
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T
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French Version

Jordanian QIZ companies learn about alternative trading options

Companies operating in Qualified Industrial Zones (QIZ) learned about how to switch between exporting under the provisions of the QIZ to the Jordan-US Free Trade Agreement this week in a seminar sponsored by Naouri Group and co-organized with the assistance of the USAID-funded AMIR Program.

In the seminar, QIZ companies were informed about the issues to keep in mind if they were to choose to make this transition. By knowing the requirements of these preferential treatment regimes when exporting to the United States, Jordanís QIZ operators will be able to better plan for the long-term growth of their companies.

In addition, these businesses can offer their US customers the trade option that is most beneficial for them. Robert Abels from the United States Customs and Border Protection Textile Enforcement and Operations Division was the eventís keynote speaker, giving the group insights from the perspective of the largest trade partner in the world. Abels gave the audience key insights from the US perspective how to take reasonable steps to meet the US requirements.

The Naouri Group is working with Jordan Customs with the support of the USAID-funded AMIR Program, in the development of due diligence standards. These standards will help ensure that Jordanian companies that export products are taking reasonable care to meet export regulations. Companies that can show they are appropriately managing their internal processes and that have a history of compliance can be nominated for the Jordan Customs Golden List Program. Once companies are approved Golden List, they are eligible for preferential treatment by customs administration, expediting their exports and the imports of the related clients.

Naouri Group, a conglomerate of turnkey transport solution providers, is among the first firms to adopt the customs due diligence model. By hosting this seminar, the Naouri Group is meeting a civic responsibility to build the capacity of other Jordanian companies to meet the challenges of global competition.

Amman,27June2005
Redaction
The Star


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