Free trade area between Jordan, Syria

The Jordanian authorities on Wednesday announced the establishment of a Jordanian- Syria free trade zone with a capital of 60 million Syrian pounds, to be borne by the two governments and built on the joint borders on an area of 6,000 dunnums.

The director general of the Jordanian free trade area, Ali al-Madadha, said the free zone was established in accordance with the agreement on economic cooperation and organizing trade exchange signed between the two countries in 1975.