New Policy for Oil Exploration in Jordan

Introduction:

With a population of 4.5 millions occupying an area of about 90,000 square kilometers, bounded by oil-rich Middle Eastern provinces, Jordan is a modern state of free market economy with prosperous transportation, telecommunication and services sectors and mild climate all year around.

As a member of WTO, Jordan has embarked on a policy of encouraging foreign investments into the country. To accommodate such undertaking, many new legislative regulations have already been passed by the Parliament.