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EC - Jordan Association Agreement (1997)
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Annex VI. Jordanian reservations to national treatment referred to in Article 30(2)(a)

With the aim of improving the national treatment conditions in all sectors, the above list of reservations is subject to review within two years after the entry into force of the Agreement.

— Non-Jordanian investors may own no more than 50 % of any project or economic activity in the following sectors:

(a) construction contracting;

(b) trade and trade services;

(c) mining;

— Non-Jordanian investors may purchase securities listed on the Amman financial market in Jordanian currency, provided that the funds are transferred from a convertible foreign currency.

— Non-Jordanian ownership in a public share-holding company may not exceed 50 % unless the percentage of non-Jordanian ownership was more than 50 % at the time of closing of subscription, in which case the maximum limit on non-Jordanian ownership shall be fixed at that percentage.

— The minimum amount of non-Jordanian investment in any project shall be JOD 100 000 (one hundred thousand Jordanian dinars), except for investment in the Amman financial market, where the minimum investment amount shall be JOD 1 000 (one thousand Jordanian dinars).

The purchase, sale or rental of immovable assets by a non-Jordanian is subject to the prior consent of the Cabinet of Ministers.

Document

Name
EC - Jordan Association Agreement (1997)
Treaty type
Other International Investment Agreements
Origin language
bg,es,cs,da,de,et,el,en,fr,it,lv,lt,hu,mt,nl,pl,pt,ro,sk,sl,fi,sv

Dates and parties

Signed
24 Nov 1997
Entry into force
1 May 2002
Party ISO codes
EUJOR

Files

PDF of the text Original PDF

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