A worker at a field in the Jordan Valley south of Amman. EPA
A worker at a field in the Jordan Valley south of Amman. EPA
A worker at a field in the Jordan Valley south of Amman. EPA
A worker at a field in the Jordan Valley south of Amman. EPA

EU says it will help Jordan deal with new economic pressures since Ukraine war


Khaled Yacoub Oweis
  • English
  • Arabic

The European Union’s top diplomat on Thursday promised to help Jordan cope with new economic pressures since the war in Ukraine, but said that Russia is responsible for creating them.

“Putin is responsible for aggravating the food and energy crisis,” said Josep Borrell, High Representative of the European Union for Foreign Affairs, referring to the Russian president.

“But we are ready to help Jordan face the negative consequences, especially on food prices,” he said after meeting Jordan's King Abdullah in Amman.

  • People harvest wheat near a shopping mall as part of a project to develop food self-sufficiency, in Amman, Jordan. Reuters
    People harvest wheat near a shopping mall as part of a project to develop food self-sufficiency, in Amman, Jordan. Reuters
  • Women harvest wheat as part of a project to develop self-sufficiency, in Amman, Jordan. Reuters.
    Women harvest wheat as part of a project to develop self-sufficiency, in Amman, Jordan. Reuters.
  • A woman harvests wheat near a shopping mall in Amman, Jordan. Reuters
    A woman harvests wheat near a shopping mall in Amman, Jordan. Reuters
  • Women harvest wheat in the Jordanian capital, Amman. Reuters
    Women harvest wheat in the Jordanian capital, Amman. Reuters
  • People harvest wheat near a shopping mall as part of an initiative to develop food self-sufficiency, in Amman, Jordan. Reuters
    People harvest wheat near a shopping mall as part of an initiative to develop food self-sufficiency, in Amman, Jordan. Reuters
  • Rabee Zureikat, co-founder of the social enterprise Zikra for Popular Learning, speaks to people during the wheat harvest in Amman, Jordan. Reuters
    Rabee Zureikat, co-founder of the social enterprise Zikra for Popular Learning, speaks to people during the wheat harvest in Amman, Jordan. Reuters
  • Rabee Zureikat, co-founder of the social enterprise Zikra for Popular Learning, during the wheat harvest in Amman, Jordan. Reuters
    Rabee Zureikat, co-founder of the social enterprise Zikra for Popular Learning, during the wheat harvest in Amman, Jordan. Reuters
  • People harvest wheat near a shopping mall in Amman, Jordan. Reuters
    People harvest wheat near a shopping mall in Amman, Jordan. Reuters
  • Rabee Zureikat, co-founder of the social enterprise Zikra for Popular Learning, plays an instrument as farmers sing during the wheat harvest in Amman, Jordan. Reuters
    Rabee Zureikat, co-founder of the social enterprise Zikra for Popular Learning, plays an instrument as farmers sing during the wheat harvest in Amman, Jordan. Reuters

Jordan, which depends on western aid, has refrained from criticising the Russian invasion of Ukraine, which entered its 99th day on Thursday. The kingdom deepened its security ties with Russia and supported Moscow's 2015 intervention in Syria in support of President Bashar Al Assad.

The kingdom receives €364 million ($390.2m) of EU aid every year and hundreds of millions more from individual European countries, mainly Germany and France, on top of $1.6 billion in US aid.

Oliver Varhelyi, another senior EU official accompanying Mr Borrell on his Jordan trip, announced that the bloc will be giving Jordan an additional €24 million in the next few days to deal with rising living costs.

Foreign investment and economic growth have been stagnant for years and in the past three months prices of most basic goods rose sharply, although there have been no significant shortages. Unemployment is officially at a record high of about 24 per cent.

Mr Borrell blamed the Russian president for triggering a global food crisis, which he described as the “third horse of the apocalypse" and which he said has hit the Middle East especially hard.

He said Russia's blockade of Ukrainian ports and its destruction of silos and agricultural fields slashed Ukrainian wheat exports to 600,000 tonnes last month, compared to five million tonnes of monthly exports before the invasion.

Mr Borrell said the EU is also helping Jordan “with the consequences of other conflicts, similarly aggravated by Russian military actions”.

“I am talking about Syria,” he said. “We commend and appreciate Jordan’s generosity in hosting Syrian refugees. We will continue to support you in this context."

About 700,000 Syrians fled to Jordan in the past decade and are registered with the United Nations as refugees.

Jordanian officials say the Russian intervention has contributed to stability in Syria, a position not shared by Jordan's western donors.

Mr Borrel said he discussed with Jordanian officials "democratic principles, fundamental freedoms and human rights" in the kingdom.

“Freedom, human rights and democracy are the cornerstone of the European union,” he said. “We want it to be also the cornerstone of our partnership with Jordan.”

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Founders: Mike Dawson, Varuna Singh, and Benita Rowe

Based: Dubai

Sector: Education technology

Size: Five employees

Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.

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Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

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Courtesy: Crystal Intelligence

Updated: June 15, 2023, 11:59 AM