Jordan Times
Monday, May 25, 1998

Crown Prince reviews competitiveness of mining, pharmaceutical industries

   AMMAN (Petra) — His Royal Highness Crown Prince Hassan Sunday took part in reviewing two studies prepared by the Ministry of Planning on the competitiveness of the Jordanian mining and pharmaceutical industries in regional and international markets.

Taking part in the dialogue, held at the ministry, were representatives of the public and private sectors as well as other sectors concerned with these two studies.

The two studies, which tackled the points of strength and weakness of the two sectors, also submitted practical steps and suggestions designed to raise the level of performance and suggested recommendations and solutions for problems and ideas designed to boost the Jordanian industries' competitiveness against foreign products.

Upon hearing a briefing on the two studies, Prince Hassan called for steps to be taken to move the country from the state of economic stability to a stage where sustainable economic growth can be attained, pointing out that this step is needed in order to achieve qualitative and positive change in the Jordanian citizens' standard of living so that they can contribute positively to the development process.

Prince Hassan called for practical co-operation between the private and public sectors and for translating this partnership into real and practical accomplishments benefiting the Jordanian society.

At the meeting, which was attended by Prime Minister Abdul Salam Majali and a number of ministers, Prince Hassan urged the concerned parties to present a clear vision on the steps to be taken towards achieving national goals.

Prince Hassan who also attended a meeting by the ministry's planning committee called for reconciling specific policies and the overall policies in economic and social fields. He also called on the concerned parties to pursue studies and dialogue and to take steps to implement resolutions in order to achieve further progress in the Jordanian development process.

Prince Hassan emphasised the importance of continued co-operation and co-ordination among the various sectors noting that economic development cannot be attained by dependence on one sector alone but rather through integrated action by the various state's sectors.

He urged the concerned parties to make further investment in research and development noting that the studies have proved that research has been scarce. He also stressed the importance of co-ordination among the scientific and academic organisations and industries in recruiting and training human resources for the labour market.

Prince Hassan also called on the concerned sectors to benefit from other countries' experiences and expertise with a view to attaining economic development reforms and boosting the national economy.

Later, Prince Hassan met the board of directors of the Jordan Trade Association urging them to work on penetrating new markets for Jordanian products which would be supported by continued improvement in the quality of goods.


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