Investments and promotion of investments. Cooperation shall aim at increasing the flow of capital, expertise and technology to Egypt through, inter alia: – appropriate means of identifying investment opportunities and information channels on investment regulations; – providing information on European investment regimes (such as technical assistance, direct financial support, fiscal incentives and investment insurance) related to outward investments and enhancing the possibility for Egypt to benefit from them; – a legal environment conducive to investment between the two Parties, where appropriate through the conclusion by the Member States and Egypt of investment protection agreements, and agreements to prevent double taxation; – examining the creation of joint ventures, especially for SMEs and, when appropriate, the conclusion of agreements between the Member States and Egypt; – establishing mechanisms for encouraging and promoting investments. Cooperation may extend to the planning and implementation of projects demonstrating the effective acquisition and use of basic technologies, the use of standards, the development of human resources and the creation of jobs locally.
Investments and promotion of investments. The objective of cooperation will be the creation of a favourable and stable environment for investment in Jordan. The cooperation will entail the development of: − harmonised and simplified administrative procedures; co-investment machinery, especially for small and medium-sized enterprises of both Parties; and information channels and means of identifying investment opportunities, − a legal environment conducive to investment between the two Parties, where appropriate through the conclusion by the Member States and Jordan of investment protection agreements and agreements to prevent double taxation, − access to the capital market for the financing of productive investments, − joint ventures between Jordanian and Community business.
