AMMAN — Finance Minister Ezzeddine Kanakrieh on Thursday said that a joint committee had been formed to revisit current investment procedures.

The committee is comprised of the ministries of finance, investment, industry and trade, the Jordan Customs Department, the Income and Sales Tax Department, Jordan Development Zone Company, Jordan Industrial Estates Corporation and the Company Control Department, Kanakrieh said as reported by the Jordan News Agency, Petra.

Kanakrieh highlighted the importance of periodic reviews of effective procedures, so as to develop them and facilitate the process for investors, before deciding on the need to make any amendments. The panel is expected to reach recommendations within the next two weeks before referring them to the Cabinet.

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