The MoU was signed on behalf of Egypt by Ibrahim Al-Sagini,
Head of the CPA, and on behalf of Jordan by Engineer Yarub Al-Qudah, Minister
of Industry, Trade, and Supply, in the presence of several ministers and senior
officials from both sides.
The memorandum aims to exchange expertise and best practices
in the field of consumer protection, enhance technical and regulatory
cooperation, and share experiences regarding e-commerce, electronic marketing,
and remote selling within consumer protection. It also seeks to coordinate
joint efforts to combat harmful commercial practices and ensure the provision
of safe and fair goods and services to consumers in both countries.
The MoU includes mechanisms for cooperation in training and
capacity building, developing relevant legislation and regulations, and
exchanging information on markets, as well as fraud and deception methods,
contributing to supporting fair competition and achieving economic and social
security for citizens.
It further covers cooperation in developing early warning
systems and monitoring commercial violations, organizing and supervising
e-commerce, utilizing artificial intelligence technologies in consumer
protection, and enhancing joint cooperation through the establishment of
projects and programs serving consumer protection.
The Head of the CPA emphasized the importance of this step
in strengthening Arab cooperation in consumer protection. He noted that
exchanging expertise with the Jordanian side will enhance the efficiency of the
Egyptian regulatory system, serve the interests of consumers in both countries,
and further strengthen balanced and comprehensive trade and economic relations
based on equality, mutual benefit, integration, and cooperation between the
Arab Republic of Egypt and the Hashemite Kingdom of Jordan.
He pointed out that this memorandum represents a qualitative
leap in the course of Egyptian-Jordanian cooperation, as it establishes a
practical partnership based on exchanging information and expertise, and
employing modern technologies in monitoring and consumer protection. This will
ensure rapid response to potential risks in markets, reinforce trust between
consumers and providers of goods and services, and contribute to consolidating
the principles of transparency and integrity in commercial transactions.
The Head of the CPA reiterated the importance of this step
in consolidating Arab cooperation in protecting consumer rights, highlighting
that exchanging expertise with the Jordanian side will enhance the efficiency
of the Egyptian regulatory framework and serve consumers’ interests in both
countries.
The ceremony concluded with the signing of the minutes of
the 33rd session of the Egyptian-Jordanian Higher Joint Committee by Dr. Moustafa
Madbouly, Prime Minister of Egypt, and Dr. Jaafar Hassan, Prime Minister of
Jordan.
The signing of the MoU comes within the framework of the
distinguished historical relations linking Egypt and Jordan, and reflects the
keenness of the two political leaderships to open wider horizons for joint cooperation
to achieve sustainable development, preserve consumer rights, and contribute to
regulating markets, positively impacting the lives of citizens in the two
sister countries.