Prime Minister Narendra Modi on Tuesday (Dec 16) said that India and Jordan need to revive old trade links to unlock future economic opportunities. PM Modi, while highlighting the long-standing commercial links between the two countries, said that India is currently Jordan's third-largest trading partner and stressed that economic engagement should go beyond mere numbers. "India is the third largest trading partner of Jordan. In the world of business, numbers have immense value. We are here not just to count numbers but to build a long-term relationship," he said. PM Modi emphasised on the need to revive the historic links between the two countries for shared future prosperity.Also read | <a href="https://www.wionews.com/india-news/goa-nightclub-fire-luthra-brothers-deported-from-thailand-to-reach-india-by-2pm-1765858978210">Goa nightclub blaze accused Luthra brothers deported from Thailand. Watch</a> "There was a time when trade took place from Gujarat to Europe via Petra. We will need to revive our old links for our future prosperity," he added. PM Modi described India-Jordan relations as unique, where historical trust converges with future economic opportunities. He noted that detailed discussions were held on how geography can be transformed into opportunity and how opportunity can be converted into sustainable growth. Pointing to India's economic trajectory, the Prime Minister said the country is moving steadily towards becoming the world's third-largest economy, with a growth rate exceeding 8 per cent. This growth, he said, is driven by higher productivity, strong governance and innovation-led policies. "Today, for every Jordanian investor and business, India offers multiple opportunities across sectors," he added. Emphasising digital cooperation, PM Modi said India's experience in building digital public infrastructure could be highly valuable for Jordan. Platforms such as UPI, Aadhaar and frameworks like DigiLocker, he noted, have become global benchmarks for inclusion and efficiency.Also read | <a href="https://www.wionews.com/india-news/delhi-schools-shut-classrooms-again-as-aqi-crosses-into-severe-plus-category-details-inside-1765764255129">Delhi schools shut classrooms again as AQI crosses into 'severe plus' category. Details inside</a> "India's experience in building digital public infrastructure can be highly valuable for Jordan. India has turned digital technology into a model of inclusion and efficiency. Platforms such as UPI, Aadhaar and frameworks like DigiLocker are now global benchmarks," PM added. He said discussions were held with the King of Jordan on linking these digital frameworks with Jordan's systems. "His Majesty and I discussed ways to link these frameworks with Jordan's systems," PM Modi said. The Prime Minister also highlighted the potential for collaboration in the startup ecosystem, suggesting that India and Jordan could connect their startups under a shared platform that brings together ideas, innovation and capital, further strengthening economic ties between the two nations.&nbsp;

PM Modi calls for reviving ancient India-Jordan trade routes, says ties must go beyond numbers. Pitching India as Jordan’s growth partner, he highlighted startups, digital public infra like UPI-Aadhaar, and a shared future in innovation and trade.

Prime Minister Narendra Modi on Tuesday (Dec 16) said that India and Jordan need to revive old trade links to unlock future economic opportunities. PM Modi, while highlighting the long-standing commercial links between the two countries, said that India is currently Jordan's third-largest trading partner and stressed that economic engagement should go beyond mere numbers. "India is the third largest trading partner of Jordan. In the world of business, numbers have immense value. We are here not just to count numbers but to build a long-term relationship," he said. PM Modi emphasised on the need to revive the historic links between the two countries for shared future prosperity. Also read | Goa nightclub blaze accused Luthra brothers deported from Thailand. Watch "There was a time when trade took place from Gujarat to Europe via Petra. We will need to revive our old links for our future prosperity," he added. PM Modi described India-Jordan relations as unique, where historical trust converges with future economic opportunities. He noted that detailed discussions were held on how geography can be transformed into opportunity and how opportunity can be converted into sustainable growth. Pointing to India's economic trajectory, the Prime Minister said the country is moving steadily towards becoming the world's third-largest economy, with a growth rate exceeding 8 per cent. This growth, he said, is driven by higher productivity, strong governance and innovation-led policies. "Today, for every Jordanian investor and business, India offers multiple opportunities across sectors," he added. Emphasising digital cooperation, PM Modi said India's experience in building digital public infrastructure could be highly valuable for Jordan. Platforms such as UPI, Aadhaar and frameworks like DigiLocker, he noted, have become global benchmarks for inclusion and efficiency. Also read | Delhi schools shut classrooms again as AQI crosses into 'severe plus' category. Details inside "India's experience in building digital public infrastructure can be highly valuable for Jordan. India has turned digital technology into a model of inclusion and efficiency. Platforms such as UPI, Aadhaar and frameworks like DigiLocker are now global benchmarks," PM added. He said discussions were held with the King of Jordan on linking these digital frameworks with Jordan's systems. "His Majesty and I discussed ways to link these frameworks with Jordan's systems," PM Modi said. The Prime Minister also highlighted the potential for collaboration in the startup ecosystem, suggesting that India and Jordan could connect their startups under a shared platform that brings together ideas, innovation and capital, further strengthening economic ties between the two nations.

PM Modi calls for reviving ancient India-Jordan trade routes, says ties must go beyond numbers. Pitching India as Jordan’s growth partner, he highlighted startups, digital public infra like UPI-Aadhaar, and a shared future in innovation and trade.

India must revive old trade routes with Jordan for future growth: PM Modi

The Indian government has signed key fertilizer pacts with Jordan as supplies, and prices of the key the agriculture commodity get impacted due to the Russia-Ukraine conflict. India's Chemicals and&nbsp;Fertilizers Minister Dr. Mansukh Mandaviya was in the West Asian country from Friday to Sunday for securing long and short-term supplies of fertilizers.

Russia has been among the largest exporter of fertilizer, while India has been one of the largest importers. Like other commodities, worries are growing about the prices and supply of fertilizer as the conflict continues in eastern Europe. The impact on fertilizers will impact the prices of agriculture products including wheat whose prices in the international market has already skyrocketed. This has especially impacted developing and underdeveloped countries.

During the visit, pacts were signed with Jordan Phosphate Mining Company (JPMC) for supplies of 30 LMT Rock Phosphate, 2.50 LMT DAP, 1 LMT phosphoric acid for the current year with the Indian public, cooperative and private sector companies. phosphorus fertilizers, DAP or Di-ammonium Phosphate are key for the overall health and growth of crops. Additionally, a long-term pact has been signed for 5 years for annual supplies of 2.75 LMT Units of Muriate of potash (MoP) which will be increased increase every year up to 3.25 LMT.

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Minister Mansukh in Jordan said, "we have taken proactive steps to ensure adequate supply to the farmers ahead of the Kharif season both with ramping up domestic production and partnerships with other countries". Traditionally, fertilizer has been key commodity India imports from Jordan. In fact, India has been the largest buyer of phosphatic and potassic fertilizers from the west Asian country. Jordan is allocating almost 25 per cent&nbsp;of their production of MOP to India.

In the past, a Joint venture project worth US$ 860 million between the Jordan Phosphate Mines Company (JPMC) and the Indian Farmers Fertilizers Cooperative (IFFCO) for the manufacturing of Phosphoric Acid has been set up in Eshidiya. It was inaugurated during the 2015 visit of the then Indian President Pranab Mukherjee to the country. During the Jordan visit, the Indian minister visited Jordan Phosphate Mining Company (JPMC) mines and the Phosphoric Acid production facilities set up by Jordan India Fertilizer Company (JIFCO). The Indian delegation also visited Arab Potash headquarters.

And not just Jordan, India has been in touch with Israel for the supply of Muriate of Potash (MOP). In March, the Indian government's Indian Potash Limited (IPL) signed a pact with Israel Chemicals Limited (ICL) for the supply of Muriate of Potash (MOP) for the period 2022 to 2027 with a yearly quantity of 6 to 6.5 LMT Units.

The Indian government has signed key fertilizer pacts with Jordan as supplies, and prices of the key the agriculture commodity get impacted due to the Russia-Ukraine conflict.

The Indian government has signed key fertilizer pacts with Jordan as supplies, and prices of the key the agriculture commodity get impacted due to the Russia-Ukraine conflict. India's Chemicals and Fertilizers Minister Dr. Mansukh Mandaviya was in the West Asian country from Friday to Sunday for securing long and short-term supplies of fertilizers. Russia has been among the largest exporter of fertilizer, while India has been one of the largest importers. Like other commodities, worries are growing about the prices and supply of fertilizer as the conflict continues in eastern Europe. The impact on fertilizers will impact the prices of agriculture products including wheat whose prices in the international market has already skyrocketed. This has especially impacted developing and underdeveloped countries. During the visit, pacts were signed with Jordan Phosphate Mining Company (JPMC) for supplies of 30 LMT Rock Phosphate, 2.50 LMT DAP, 1 LMT phosphoric acid for the current year with the Indian public, cooperative and private sector companies. phosphorus fertilizers, DAP or Di-ammonium Phosphate are key for the overall health and growth of crops. Additionally, a long-term pact has been signed for 5 years for annual supplies of 2.75 LMT Units of Muriate of potash (MoP) which will be increased increase every year up to 3.25 LMT. Minister Mansukh in Jordan said, "we have taken proactive steps to ensure adequate supply to the farmers ahead of the Kharif season both with ramping up domestic production and partnerships with other countries". Traditionally, fertilizer has been key commodity India imports from Jordan. In fact, India has been the largest buyer of phosphatic and potassic fertilizers from the west Asian country. Jordan is allocating almost 25 per cent of their production of MOP to India. In the past, a Joint venture project worth US$ 860 million between the Jordan Phosphate Mines Company (JPMC) and the Indian Farmers Fertilizers Cooperative (IFFCO) for the manufacturing of Phosphoric Acid has been set up in Eshidiya. It was inaugurated during the 2015 visit of the then Indian President Pranab Mukherjee to the country. During the Jordan visit, the Indian minister visited Jordan Phosphate Mining Company (JPMC) mines and the Phosphoric Acid production facilities set up by Jordan India Fertilizer Company (JIFCO). The Indian delegation also visited Arab Potash headquarters. And not just Jordan, India has been in touch with Israel for the supply of Muriate of Potash (MOP). In March, the Indian government's Indian Potash Limited (IPL) signed a pact with Israel Chemicals Limited (ICL) for the supply of Muriate of Potash (MOP) for the period 2022 to 2027 with a yearly quantity of 6 to 6.5 LMT Units.

India signs fertilizer pacts with Jordan as Ukraine-Russia conflict impacts supplies, prices

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India must revive old trade routes with Jordan for future growth: PM Modi

India signs fertilizer pacts with Jordan as Ukraine-Russia conflict impacts supplies, prices