On 3 August, the Jordanian Palestinian Agricultural Marketing Company (JPACO) opened its Palestinian branch in the Jericho Agro-Industrial Park (JAIP).5 This follows the inauguration of the company’s Jordanian branch in Amman back in April of this year.6 JPACO was founded in December 2021 to boost the agriculture sectors in both countries by expanding agricultural production, improving quality and price competitiveness of products, and maximising supply to local and global markets. On 25 July 2022, JPACO had reached an agreement to export 500 tonnes of Palestinian-produced peppers worth $1 million through a number of international intermediary companies.7 This unique public-private, Jordanian Palestinian joint venture suggests a feasible way forward to relieve some of the bottlenecks faced in marketing, while drawing on the best practices of agricultural marketing boards, which were a key to success for many developing countries. (ICE AMMAN)

Fonte notizia: PALESTINE ECONOMIC NEWS